IIFL Finance NCD vs Muthoot Fincorp Limited NCD April 2020

Comparision between IIFL Finance NCD and Muthoot Fincorp Limited NCD April 2020.

NCD Details

IIFL Finance NCD is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Muthoot Fincorp Limited NCD April 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	IIFL Finance Limited	Muthoot Fincorp 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	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating
Registrar	Link Intime India Private Ltd	Integrated Registry Management Services Private Limited
Lead Managers	Edelweiss Financial Services Ltd Equirus Capital Private Limited	Smc Capitals 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. IIFL Finance NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp Limited NCD April 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

	IIFL Finance Limited	Muthoot Fincorp Limited
Issue Size (Base)	₹100.00 Cr	₹200.00 Cr
Issue Size (Shelf)	₹900.00 Cr	₹200.00 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	The NCDs have been rated CRISIL AA/Negative by CRISIL Limited BWR AA+/ Negative by Brickworks Ratings India Private Limited.	The NCDs have been rated “A+ (Stable)” by CRISIL Limited
Tenor	87 Months
Series
Payment Frequency	Monthly, Annually, At Maturity
Coupon Incentive

NCD Timetable

Offering period of IIFL Finance NCD and Muthoot Fincorp Limited NCD April 2020 is mentioned.

	IIFL Finance Limited	Muthoot Fincorp Limited
Bid/Offer Opens On	Mar 03, 2021	Apr 07, 2021
Bid/Offer Closes On	Mar 18, 2021	Apr 29, 2021

Shares Offered to Different Investor Category

In IIFL Finance NCD QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp Limited NCD April 2020 QIBs portion includes 1,00,000 shares and offered are offered to retail investors.

	IIFL Finance Limited	Muthoot Fincorp Limited
Institutional		1,00,000 shares
Non Institutional		8,00,000 shares
HNI		11,00,000 shares
Retail
Others
Total	10,00,000 shares	20,00,000 shares

Compare with others

IIFL Finance Limited	Muthoot Fincorp Limited
Muthoot Fincorp Limited NCD April 2020	Piramal Capital NCD July 2021
Muthoot Finance Limited Tranche III NCD	IIFL Home Finance NCD
Edelweiss Financial NCD April 2021	KLM Axiva Finvest NCD
Kosamattam Finance NCD March 2021	Sakthi Finance NCD June 2021
Muthoottu Mini NCD March 2021	India Grid Trust NCD April 2021
Muthoot Fincorp NCD February 2020	Muthoot Finance Limited Tranche III NCD
Power Finance Corp NCD January 2021	Edelweiss Financial NCD April 2021
Muthoottu Mini NCD January 2021	Kosamattam Finance NCD March 2021
Muthoot Fincorp NCD December 2020	Muthoottu Mini NCD March 2021
Kosamattam Fin NCD December 2020	IIFL Finance NCD

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