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Kosamattam Fin NCD Sep 2020 vs Muthoottu Mini NCD November 2020

Comparision between Kosamattam Fin NCD Sep 2020 and Muthoottu Mini NCD November 2020.

NCD Details

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

  Kosamattam Finance Ltd Muthoottu Mini Financiers Ltd
Logo Kosamattam Fin NCD Sep 2020 Logo Muthoottu Mini NCD November 2020 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
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 30,000 lakhs vide its letter dated August 28, 2020. 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.

The Company has received rating of 'IND BBB': Outlook Stable' by India Ratings. This means the NCD has moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Karvy Investor Services Limited

Smc Capitals Limited
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 Sep 2020 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD November 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) ₹150.00 Cr ₹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 size 10 NCD 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating IND BBB/ Stable 'IND BBB': Outlook Stable by India Ratings
Tenor 400 days/30 Mon/39 Mon/42 Mon/50 Mon/84 Months 480 Days, 24, 36, 50, 60 and 85 months
Series

Series I to Series VIII

Payment Frequency Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Fin NCD Sep 2020 and Muthoottu Mini NCD November 2020 is mentioned.

  Kosamattam Finance Ltd Muthoottu Mini Financiers Ltd
Bid/Offer Opens On Sep 16, 2020 Nov 04, 2020
Bid/Offer Closes On Oct 08, 2020 Nov 18, 2020

Shares Offered to Different Investor Category

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

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