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Indel Money NCD October 2024 vs Muthoottu Mini Financiers NCD October 2024

Comparision between Indel Money NCD October 2024 and Muthoottu Mini Financiers NCD October 2024.

NCD Details

Indel Money NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indel Money Limited Muthoottu Mini Financiers Limited
Logo Indel Money NCD October 2024 Logo Muthoottu Mini Financiers NCD October 2024 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 DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL BBB+/Stable by CRISIL Ratings Limited. With this rating, they are considered to have a moderate degree of safety and moderate credit risk.

The NCDs proposed to be issued under the Issue have been rated CARE A-Stable (pronounced as Single A Minus with Stable outlook) by CARE Ratings Limited (CARE Ratings).

Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Vivro Financial Services Private Limited
Debenture Trusties Vistra Itcl India Limited Mitcon Credentia Trusteeship Services 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. Indel Money NCD October 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD October 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indel Money Limited Muthoottu Mini Financiers Limited
Issue Size (Base) ₹75.00 Cr ₹100.00 Cr
Issue Size (Shelf)
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 BBB+/Stable by CRISIL Ratings Limited.

CARE A-Stable by CARE Ratings Limited.

Tenor 366 days, 18, 30, 60 and 66 months 450 Days, 26, 36, 48, and 66 Months
Series

Series I to VII

Series I to VII

Payment Frequency Monthly and Cumulative Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indel Money NCD October 2024 and Muthoottu Mini Financiers NCD October 2024 is mentioned.

  Indel Money Limited Muthoottu Mini Financiers Limited
Bid/Offer Opens On Oct 21, 2024 Oct 30, 2024
Bid/Offer Closes On Nov 04, 2024 Nov 13, 2024

Shares Offered to Different Investor Category

In Indel Money NCD October 2024 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD October 2024 QIBs portion includes and offered are offered to retail investors.

  Indel Money Limited Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total

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