EFIL NCD Jan 2020 vs Muthoot Finance NCD Nov 2019

Comparision between EFIL NCD Jan 2020 and Muthoot Finance NCD Nov 2019.

NCD Details

EFIL NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Edelweiss Finance & Investments Ltd	Muthoot Finance 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
DRHP (Shelf)
RHP (Shelf)	RHP (Shelf)
NCD Rating		The NCDs proposed to be issued under this Issue have been rated [ICRA] AA (Stable) by ICRA for an amount of upto Rs 40,000 million vide its letter dated December 31, 2018 and have been rated CRISIL AA/Stable by CRISIL for an amount upto Rs 40,000 million vide its letter dated January 18, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	Edelweiss Financial Services Ltd Idbi Capital Market Services Limited	A.K. Capital Services Limited Edelweiss Financial Services Ltd
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. EFIL NCD Jan 2020 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance NCD Nov 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Edelweiss Finance & Investments Ltd	Muthoot Finance Ltd
Issue Size (Base)	₹125.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹250.00 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	CRISIL AA-/ Stable; CARE AA-/ Stable	ICRA AA/ Stable, CRISIL AA/ Stable
Tenor	18 months/ 36 months /60 months /120 months	24 months/ 38 months/ 60 months/ 90 months
Series	Series 1 to Series 9	Series I to Series X
Payment Frequency	Monthly, Annual and Cumulative	Monthly and Annual
Coupon Incentive

NCD Timetable

Offering period of EFIL NCD Jan 2020 and Muthoot Finance NCD Nov 2019 is mentioned.

	Edelweiss Finance & Investments Ltd	Muthoot Finance Ltd
Bid/Offer Opens On	Jan 23, 2020	Nov 29, 2019
Bid/Offer Closes On	Jan 31, 2020	Dec 20, 2019

Shares Offered to Different Investor Category

In EFIL NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors.

	Edelweiss Finance & Investments Ltd	Muthoot Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	12,50,000 shares	10,00,000 shares

Compare with others

Edelweiss Finance & Investments Ltd	Muthoot Finance Ltd
KLM Axiva NCD June 2020	JM Financial NCD Feb 2020
Kosamattam Fin NCD March 2020	EFIL NCD Jan 2020
Sakthi Fin NCD March 2020	Muthoottu Mini NCD Jan 2020
Muthoot Vehicle NCD Feb 2020	Tata Capital Housing NCD Jan 2020
JM Financial NCD Feb 2020	Shriram Transport Finance NCD Jan 2020
Muthoottu Mini NCD Jan 2020	Kosamattam Finance NCD Nov 2019
Tata Capital Housing NCD Jan 2020	ECL Finance NCD Nov 2019
Shriram Transport Finance NCD Jan 2020	L&T Finance NCD Dec 2019
Muthoot Finance NCD Nov 2019	Muthoot Fincorp NCD Jan 2020
Kosamattam Finance NCD Nov 2019	Muthoot Finance NCD Sep 2019

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