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Edelweiss Financial NCD Tranche II April 2023 vs Muthoot Fincorp NCD April 2023

Comparision between Edelweiss Financial NCD Tranche II April 2023 and Muthoot Fincorp NCD April 2023.

NCD Details

Edelweiss Financial NCD Tranche II April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Edelweiss Financial Services Limited Muthoot Fincorp Limited
Logo Edelweiss Financial NCD Tranche II April 2023 Logo Muthoot Fincorp NCD April 2023 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited.

The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.

Registrar Kfin Technologies Limited Integrated Registry Management Services Private Limited
Lead Managers Equirus Capital Private Limited Smc Capitals Limited
Debenture Trusties Beacon Trusteeship Limited Vardhman Trusteeship Private Limited
NRI Allowed No No
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. Edelweiss Financial NCD Tranche II April 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD April 2023 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Financial Services Limited Muthoot Fincorp Limited
Issue Size (Base) ₹200.00 Cr ₹150.00 Cr
Issue Size (Shelf) ₹400.00 Cr ₹300.00 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 CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited CRISIL AA-/Stable by CRISIL Ratings Limited
Tenor 24, 36, 60 and 120 Months 27, 42, 60 and 84 Months
Series

Series I to X

Series I to VIII

Payment Frequency Monthly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial NCD Tranche II April 2023 and Muthoot Fincorp NCD April 2023 is mentioned.

  Edelweiss Financial Services Limited Muthoot Fincorp Limited
Bid/Offer Opens On Apr 06, 2023 Apr 12, 2023
Bid/Offer Closes On Apr 21, 2023 Apr 26, 2023

Shares Offered to Different Investor Category

In Edelweiss Financial NCD Tranche II April 2023 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Muthoot Fincorp NCD April 2023 QIBs portion includes 75,000 shares and 9,00,000 shares offered are offered to retail investors.

  Edelweiss Financial Services Limited Muthoot Fincorp Limited
Institutional 2,00,000 shares 75,000 shares
Non Institutional 2,00,000 shares 5,25,000 shares
HNI 8,00,000 shares
Retail 8,00,000 shares 9,00,000 shares
Others
Total 20,00,000 shares 15,00,000 shares

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