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Kosamattam Finance NCD july 2019 vs Muthoot Finance NCD (May 2019)

Comparision between Kosamattam Finance NCD july 2019 and Muthoot Finance NCD (May 2019).

NCD Details

Kosamattam Finance NCD july 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance NCD (May 2019) is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Kosamattam Finance Ltd Muthoot Finance Limited
Logo Kosamattam Finance NCD july 2019 Logo Muthoot Finance NCD (May 2019) 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) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Rating and Research Private Limited ("India Rating") for an amount up
to Rs 30,000 lakhs vide its letter dated June 26, 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.

The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of up to Rs 40,000 million and have been rated CRISIL AA/Stable by CRISIL for an amount up to Rs 40,000 million. The rating of the NCDs by ICRA and CRISIL indicates a high degree of safety regarding timely servicing of financial obligations.

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

Smc Capitals Limited
A.K. Capital Services Limited

Edelweiss Financial Services Ltd
Debenture Trusties
NRI Allowed Yes No
Allotment Link Allotment Link 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 Finance NCD july 2019 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD (May 2019) issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Kosamattam Finance Ltd Muthoot Finance Limited
Issue Size (Base) ₹150.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹150.00 Cr ₹4,000.00 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 ICRA AA/Stable, CRISIL AA/Stable
Tenor 400 days/24 months/48 months/60 months/84 months 24 / 38 / 60 /90 Months
Series

Series I to Series VIII

Series I to Series X

Payment Frequency Cumulative and monthly. Monthly, Annually
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Finance NCD july 2019 and Muthoot Finance NCD (May 2019) is mentioned.

  Kosamattam Finance Ltd Muthoot Finance Limited
Bid/Offer Opens On Jul 16, 2019 May 10, 2019
Bid/Offer Closes On Aug 14, 2019 Jun 10, 2019

Shares Offered to Different Investor Category

In Kosamattam Finance NCD july 2019 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance NCD (May 2019) QIBs portion includes and offered are offered to retail investors.

  Kosamattam Finance Ltd Muthoot Finance Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 15,00,000 shares 10,00,000 shares

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