Muthoot Finance April NCD 2022 vs Muthoottu Mini Financiers NCD April 2022

Comparision between Muthoot Finance April NCD 2022 and Muthoottu Mini Financiers NCD April 2022.

NCD Details

Muthoot Finance April NCD 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini Financiers NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Muthoot Finance Limited	Muthoottu Mini Financiers Limited
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)	RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under the Issue have been rated [ICRA] AA+/Stable by ICRA Limited such ratings are considered to have a stable outlook.	The NCDs proposed to be issued under the Issue have been rated as CARE BBB+ Stable Outlook by CARE Ratings Limited. The instrument with such a rating is expected to have a moderate degree of safety.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	A.K. Capital Services 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. Muthoot Finance April NCD 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini Financiers NCD April 2022 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.

	Muthoot Finance Limited	Muthoottu Mini Financiers Limited
Issue Size (Base)	₹100.00 Cr	₹125.00 Cr
Issue Size (Shelf)	₹400.00 Cr	₹125.00 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	ICRA AA+/Stable	CARE BBB+ by CARE Ratings Limited
Tenor	36, 60, 84 and 120 months	480 Days, 24, 36, 48 and 66 Months
Series	Series I to VIII	Series I to VI
Payment Frequency	Monthly and Annually	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Finance April NCD 2022 and Muthoottu Mini Financiers NCD April 2022 is mentioned.

	Muthoot Finance Limited	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Apr 07, 2022	Apr 20, 2022
Bid/Offer Closes On	Apr 29, 2022	May 17, 2022

Shares Offered to Different Investor Category

In Muthoot Finance April NCD 2022 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors. In Muthoottu Mini Financiers NCD April 2022 QIBs portion includes 1,25,000 shares and 6,25,000 shares offered are offered to retail investors.

	Muthoot Finance Limited	Muthoottu Mini Financiers Limited
Institutional	50,000 shares	1,25,000 shares
Non Institutional	50,000 shares	5,00,000 shares
HNI	4,00,000 shares
Retail	5,00,000 shares	6,25,000 shares
Others
Total	10,00,000 shares	12,50,000 shares

Compare with others

Muthoot Finance Limited	Muthoottu Mini Financiers Limited
Navi Finserv NCD May 2022	Kosamattam Finance NCD July 2022
Muthoottu Mini Financiers NCD April 2022	Edelweiss Broking NCD July 2022
Dhani Loans and Services NCD April 2022	Indel Money NCD May 2022
Sakthi Finance NCD April 2022	Muthoot Finance Limited Tranche II NCD May 2022
Ugro Capital NCD April 2022	Navi Finserv NCD May 2022
Edelweiss Housing Finance NCD Apr 2022	Dhani Loans and Services NCD April 2022
Indiabulls Housing Finance NCD Mar 2022	Sakthi Finance NCD April 2022
Kosamattam Finance NCD Mar 2022	Ugro Capital NCD April 2022
KLM Axiva Finvest NCD February 2022	Muthoot Finance April NCD 2022
InCred Financial Services NCD January 2022	Edelweiss Housing Finance NCD Apr 2022

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