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Indostar Capital Finance NCD September 2024 vs Muthoot Fincorp NCD Tranche II October 2024

Comparision between Indostar Capital Finance NCD September 2024 and Muthoot Fincorp NCD Tranche II October 2024.

NCD Details

Indostar Capital Finance NCD September 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Tranche II October 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indostar Capital Finance Limited Muthoot Fincorp Limited
Logo Indostar Capital Finance NCD September 2024 Logo Muthoot Fincorp NCD Tranche II October 2024 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
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs to be issued under the Issue have been rated “CARE AA-/Stable” (pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of Rs. 50,000 Lakh.

CRISIL AA-/Stable (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,90,000 lakhs of NCDs by CRISIL Ratings Limited vide letter dated June 29. June 2024, and CRISIL AA-/Stable (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,10,000 lakhs of NCDs (of which Rs. 10,900 lakhs are unutilized) by CRISIL Ratings Limited

Registrar Link Intime India Private Ltd Integrated Registry Management Services Private Limited
Lead Managers Nuvama Wealth Management Limited Nuvama Wealth Management Limited
Debenture Trusties Idbi Trusteeship Services Ltd. Vardhman Trusteeship Private Limited
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. Indostar Capital Finance NCD September 2024 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Tranche II October 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indostar Capital Finance Limited Muthoot Fincorp Limited
Issue Size (Base) ₹150.00 Cr ₹75.00 Cr
Issue Size (Shelf) ₹2,000.00 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

CARE AA-/Stable by CARE Ratings Limited.

CRISIL AA-/Stable by CRISIL Ratings Limited.
Tenor 24, 36, and 60 Months 24, 36, 60, 72, and 92 Months
Series

Series I to V

Series I to XIII

Payment Frequency Quarterly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indostar Capital Finance NCD September 2024 and Muthoot Fincorp NCD Tranche II October 2024 is mentioned.

  Indostar Capital Finance Limited Muthoot Fincorp Limited
Bid/Offer Opens On Sep 06, 2024 Oct 11, 2024
Bid/Offer Closes On Sep 19, 2024 Oct 24, 2024

Shares Offered to Different Investor Category

In Indostar Capital Finance NCD September 2024 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Tranche II October 2024 QIBs portion includes and offered are offered to retail investors.

  Indostar Capital Finance Limited Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total

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