Kosamattam Fin NCD March 2020 vs Muthoottu Mini NCD Jan 2020

Comparision between Kosamattam Fin NCD March 2020 and Muthoottu Mini NCD Jan 2020.

NCD Details

Kosamattam Fin NCD March 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Kosamattam Finance Ltd	Muthoottu Mini Financiers Ltd
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 'IND BBB' Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount up to Rs 35,000 lakhs vide its letter dated September 30, 2019. The rating of NCDs by India Ratings indicates that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers		Vivro Financial Services Private Limited
Debenture Trusties
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. Kosamattam Fin NCD March 2020 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD Jan 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Kosamattam Finance Ltd	Muthoottu Mini Financiers Ltd
Issue Size (Base)	₹150.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹300.00 Cr	₹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	IND BBB/ Stable	CARE BBB- /Stable
Tenor	15 Mon/21 Mon/39 Mon/48 Mon/66 Mon/84 Months	480 days/ 24/ 36/ 50/ 60/ 70/ 85 months
Series	Series I to Series VIII	Series I to Series VII
Payment Frequency	Monthly and Cumulative	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Fin NCD March 2020 and Muthoottu Mini NCD Jan 2020 is mentioned.

	Kosamattam Finance Ltd	Muthoottu Mini Financiers Ltd
Bid/Offer Opens On	Mar 19, 2020	Jan 20, 2020
Bid/Offer Closes On	May 22, 2020	Feb 12, 2020

Shares Offered to Different Investor Category

In Kosamattam Fin NCD March 2020 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

	Kosamattam Finance Ltd	Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	15,00,000 shares	10,00,000 shares

Compare with others

Kosamattam Finance Ltd	Muthoottu Mini Financiers Ltd
Kosamattam Fin NCD Sep 2020	Kosamattam Fin NCD March 2020
Muthoottu Mini NCD September 2020	Sakthi Fin NCD March 2020
Muthoot Fincorp NCD June 2020	Muthoot Vehicle NCD Feb 2020
Muthoottu Mini NCD June 2020	JM Financial NCD Feb 2020
KLM Axiva NCD June 2020	EFIL NCD Jan 2020
Sakthi Fin NCD March 2020	Tata Capital Housing NCD Jan 2020
Muthoot Vehicle NCD Feb 2020	Shriram Transport Finance NCD Jan 2020
JM Financial NCD Feb 2020	Muthoot Finance NCD Nov 2019
EFIL NCD Jan 2020	Kosamattam Finance NCD Nov 2019
Muthoottu Mini NCD Jan 2020	ECL Finance NCD Nov 2019

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