Manappuram Finance NCD Jan 2019 vs Muthoottu Mini Financiers NCD March 2019

Comparision between Manappuram Finance NCD Jan 2019 and Muthoottu Mini Financiers NCD March 2019.

NCD Details

Manappuram Finance NCD Jan 2019 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD March 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Manappuram Finance Limited	Muthoottu Mini Financiers Limited
Logo
Security Type	Unsecured Subordinated Non-Convertible Debentures (Unsecured 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)
RHP (Base)		RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating		The NCDs have been rated 'IND BBB-/Stable' by India Ratings & Research Private Limited for an amount of up to ` 20,000 lakhs. The rating of the NCDs indicates that instruments with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	A.K. Capital Services Limited Edelweiss Financial Services Ltd	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. Manappuram Finance NCD Jan 2019 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD March 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Manappuram Finance Limited	Muthoottu Mini Financiers Limited
Issue Size (Base)	₹150.00 Cr	₹100.00 Cr
Issue Size (Shelf)		₹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	10 NCD	1 NCD
Credit Rating		IND BBB-/Stable
Tenor		480 days/36 Months/60 Months
Series		Series 1 to Series 6
Payment Frequency		Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Manappuram Finance NCD Jan 2019 and Muthoottu Mini Financiers NCD March 2019 is mentioned.

	Manappuram Finance Limited	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Jan 28, 2019	Mar 18, 2019
Bid/Offer Closes On	Feb 27, 2019	Apr 16, 2019

Shares Offered to Different Investor Category

In Manappuram Finance NCD Jan 2019 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini Financiers NCD March 2019 QIBs portion includes and offered are offered to retail investors.

	Manappuram Finance Limited	Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total		10,00,000 shares

Compare with others

Manappuram Finance Limited	Muthoottu Mini Financiers Limited
Kosamattam Finance NCD March 2019	SREI Infrastructure NCD april 2019
Muthoottu Mini Financiers NCD March 2019	Magma Fincorp NCD April 2019
Muthoot Homefin NCD (March 2019)	L&T Finance Ltd. NCD April 2019
L&T Finance NCD March 2019	Shriram City NCD April 2019
Muthoot Finance NCD (Feb 2019)	Kosamattam Finance NCD March 2019
India Infoline Finance NCD Jan 2019	Muthoot Homefin NCD (March 2019)
Indiabulls NCD Feb 2019	L&T Finance NCD March 2019
Shriram Transport Finance stfc NCD Jan 2019	Muthoot Finance NCD (Feb 2019)
M & M Financial NCD	Manappuram Finance NCD Jan 2019
Kosamattam Finance NCD Dec 2018	India Infoline Finance NCD Jan 2019

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