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IIFL Finance NCD vs Muthoot Fincorp NCD February 2020

Comparision between IIFL Finance NCD and Muthoot Fincorp NCD February 2020.

NCD Details

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

  IIFL Finance Limited Muthoot Fincorp Limited
Logo IIFL Finance NCD Logo Muthoot Fincorp NCD February 2020 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

This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

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 NCD February 2020 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

  IIFL Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹100.00 Cr ₹150.00 Cr
Issue Size (Shelf) ₹900.00 Cr ₹150.00 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 10 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 27, 38, 60 and 72 months
Series

Series I to Series IX

Payment Frequency Monthly, Annually, At Maturity Monthly, Yearly or Cumulative
Coupon Incentive

NCD Timetable

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

  IIFL Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Mar 03, 2021 Feb 18, 2021
Bid/Offer Closes On Mar 18, 2021 Mar 09, 2021

Shares Offered to Different Investor Category

In IIFL Finance NCD QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD February 2020 QIBs portion includes and offered are offered to retail investors.

  IIFL Finance Limited Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 15,00,000 shares

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