JM Financial NCD Feb 2020 vs Muthoottu Mini NCD Jan 2020

Comparision between JM Financial NCD Feb 2020 and Muthoottu Mini NCD Jan 2020.

NCD Details

JM Financial NCD Feb 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	JM Financial Products Ltd	Muthoottu Mini Financiers 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
RHP (Base)		RHP
DRHP (Shelf)	DRHP (Shelf)
RHP (Shelf)	RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under this Issue have been rated [ICRA]AA by ICRA for an amount of upto Rs 2,000 crores vide its letters dated January 09, 2019 and have been rated "CRISIL AA/STABLE" by CRISIL for an amount upto Rs 2,000 crores vide its letter dated January 03, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers	A.K. Capital Services Limited Jm Financial Limited Trust Investment Advisors Private 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. JM Financial NCD Feb 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD Jan 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	JM Financial Products Ltd	Muthoottu Mini Financiers Ltd
Issue Size (Base)	₹100.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹2,000.00 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	1 NCD	1 NCD
Credit Rating	ICRA AA/Stable, CRISIL AA/Stable	CARE BBB- /Stable
Tenor	24 months/ 40 months/ 60 months/ 120 months	480 days/ 24/ 36/ 50/ 60/ 70/ 85 months
Series	Series I to Series X	Series I to Series VII
Payment Frequency	Annual, Cumulative and Monthly	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of JM Financial NCD Feb 2020 and Muthoottu Mini NCD Jan 2020 is mentioned.

	JM Financial Products Ltd	Muthoottu Mini Financiers Ltd
Bid/Offer Opens On	Feb 13, 2020	Jan 20, 2020
Bid/Offer Closes On	Mar 09, 2020	Feb 12, 2020

Shares Offered to Different Investor Category

In JM Financial NCD Feb 2020 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.

	JM Financial Products Ltd	Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	10,00,000 shares	10,00,000 shares

Compare with others

JM Financial Products Ltd	Muthoottu Mini Financiers Ltd
Muthoottu Mini NCD June 2020	Kosamattam Fin NCD March 2020
KLM Axiva NCD June 2020	Sakthi Fin NCD March 2020
Kosamattam Fin NCD March 2020	Muthoot Vehicle NCD Feb 2020
Sakthi Fin NCD March 2020	JM Financial NCD Feb 2020
Muthoot Vehicle NCD Feb 2020	EFIL NCD Jan 2020
EFIL NCD Jan 2020	Tata Capital Housing NCD Jan 2020
Muthoottu Mini NCD Jan 2020	Shriram Transport Finance NCD Jan 2020
Tata Capital Housing NCD Jan 2020	Muthoot Finance NCD Nov 2019
Shriram Transport Finance NCD Jan 2020	Kosamattam Finance NCD Nov 2019
Muthoot Finance NCD Nov 2019	ECL Finance NCD Nov 2019

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