Muthoottu Mini NCD November 2021 vs Ugro Capital NCD October 2021

Comparison between Muthoottu Mini NCD November 2021 and Ugro Capital NCD October 2021.

NCD Details

Muthoottu Mini NCD November 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.

 Muthoottu Mini Financiers Ltd.UGRO Capital Ltd.
LogoMuthoottu Mini NCD November 2021 LogoUgro Capital NCD October 2021 Logo
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing AtBSEBSE, NSE
Basis of AllotmentFirst Come First Serve BasisFirst 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 ‘CARE BBB+’: Stable (‘Triple B Plus; Outlook: Stable’) by CARE Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate 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.

RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Sundae Capital Advisors Pvt.Ltd.
Debenture Trustees
NRI AllowedNoNo
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoottu Mini NCD November 2021 issue size is ₹100.00 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.

 Muthoottu Mini Financiers Ltd.UGRO Capital Ltd.
Issue Size (Base)₹100.00 Cr₹50.00 Cr
Issue Size (Shelf)₹100.00 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 size10 NCD10 NCD
Market Lot1 NCD1 NCD
Credit RatingCARE BBB+ Stable (Triple B Plus; Outlook: Stable) by CARE Ratings Limited.“Acuite A” by Acuite Ratings and Research Limited.
Tenor480 Days, 24, 36,48,66 Months9 and 27 Months
Series

Series I to Series VI

Payment FrequencyMonthly and CumulativeMonthly

NCD Timetable

Offering period of Muthoottu Mini NCD November 2021 and Ugro Capital NCD October 2021 is mentioned.

Shares Offered to Different Investor Category

In Muthoottu Mini NCD November 2021 QIBs portion includes 1,00,000 shares and 5,00,000 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.

 Muthoottu Mini Financiers Ltd.UGRO Capital Ltd.
Institutional1,00,000 shares2,00,000 shares
Non Institutional4,00,000 shares2,00,000 shares
HNI50,000 shares
Retail5,00,000 shares50,000 shares
Others
Total10,00,000 shares5,00,000 shares

Compare with others

Compare:

Muthoottu Mini NCD November 2021 and Ugro Capital NCD October 2021