Comparison between Muthoot Finance Limited Tranche III NCD Oct 2022 and Ugro Capital NCD Sep 2022.
Muthoot Finance Limited Tranche III NCD Oct 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Ugro Capital NCD Sep 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Muthoot Finance 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated [ICRA] AA+/Stable by ICRA Limited such ratings are considered to have a stable outlook. | The NCDs proposed to be issued under the Issue have been rated ACUITE A+ for an amount of Rs. 20,000 lakhs by Acuite Ratings and Research Limited such ratings are considered to have a stable outlook and CRISIL A- (read as CRISIL A minus) (Outlook: Stable)" for an amount of ₹ 25,000 lakhs by CRISIL Ratings Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | Tipsons Consultancy Services Pvt.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 Finance Limited Tranche III NCD Oct 2022 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Ugro Capital NCD Sep 2022 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹225.00 Cr | ₹50.00 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 | ICRA AA+/Stable | ACUITE A+ by Acuite Ratings and Research Limited and CRISIL A- by CRISIL Ratings Limited |
| Tenor | 36, 24 and 60 months | 18, 27 and 36 Months |
| Series | Series I to VII | Series I to III |
| Payment Frequency | Monthly and Annually | Monthly and Quarterly |
Offering period of Muthoot Finance Limited Tranche III NCD Oct 2022 and Ugro Capital NCD Sep 2022 is mentioned.
| Muthoot Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 06, 2022 | Sep 05, 2022 |
| Bid/Offer Closes On | Oct 28, 2022 | Sep 20, 2022 |
In Muthoot Finance Limited Tranche III NCD Oct 2022 QIBs portion includes 37,500 shares and 3,75,000 shares offered are offered to retail investors. In Ugro Capital NCD Sep 2022 QIBs portion includes 1,25,000 shares and 1,25,000 shares offered are offered to retail investors.
| Muthoot Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 37,500 shares | 1,25,000 shares |
| Non Institutional | 37,500 shares | 1,25,000 shares |
| HNI | 3,00,000 shares | 1,25,000 shares |
| Retail | 3,75,000 shares | 1,25,000 shares |
| Others | ||
| Total | 7,50,000 shares | 5,00,000 shares |
