Comparison between Muthoot Fincorp NCD September 2021 and Ugro Capital NCD October 2021.
Muthoot Fincorp NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Ugro Capital NCD October 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The issue has been rated “CRISILA+/Stable” by CRISIL Ratings Limited for an amount of ₹ 400 Crores. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. | The issue has been rated f “Acuite A” by Acuite Ratings and Research Limited. This rating signifies adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SMC Capitals Ltd. | Sundae Capital Advisors Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Fincorp NCD September 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Ugro Capital NCD October 2021 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | |
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | ‘"CRISILA+/Stable" by CRISIL Ratings | “Acuite A” by Acuite Ratings and Research Limited. |
| Tenor | 27, 38, 60, 72, and 87 Months | 9 and 27 Months |
| Series | Series I to Series X | |
| Payment Frequency | Monthly and Cumulative | Monthly |
Offering period of Muthoot Fincorp NCD September 2021 and Ugro Capital NCD October 2021 is mentioned.
| Muthoot Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 30, 2021 | Nov 08, 2021 |
| Bid/Offer Closes On | Oct 26, 2021 | Nov 10, 2021 |
In Muthoot Fincorp NCD September 2021 QIBs portion includes 1,00,000 shares and 11,00,000 shares offered are offered to retail investors. In Ugro Capital NCD October 2021 QIBs portion includes 2,00,000 shares and 50,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 2,00,000 shares |
| Non Institutional | 8,00,000 shares | 2,00,000 shares |
| HNI | 50,000 shares | |
| Retail | 11,00,000 shares | 50,000 shares |
| Others | ||
| Total | 20,00,000 shares | 5,00,000 shares |
