Muthoottu Mini NCD January 2021 vs Muthoottu Mini NCD November 2020

Comparision between Muthoottu Mini NCD January 2021 and Muthoottu Mini NCD November 2020.

NCD Details

Muthoottu Mini NCD January 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD November 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Muthoottu Mini Financiers Limited	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)
RHP (Shelf)
NCD Rating		The Company has received rating of 'IND BBB': Outlook Stable' by India Ratings. This means the NCD has moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Lead Managers	Vivro Financial Services 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. Muthoottu Mini NCD January 2021 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD November 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Muthoottu Mini Financiers Limited	Muthoottu Mini Financiers Ltd
Issue Size (Base)	₹125.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹125.00 Cr	₹100.00 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	‘IND BBB’ : Outlook Stable for Secured and Unsecured Redeemable Non-Convertible Debentures	'IND BBB': Outlook Stable by India Ratings
Tenor	480 Days, 24, 42, 66, 61 and 84 months	480 Days, 24, 36, 50, 60 and 85 months
Series
Payment Frequency	Monthly, Cumulative,
Coupon Incentive

NCD Timetable

Offering period of Muthoottu Mini NCD January 2021 and Muthoottu Mini NCD November 2020 is mentioned.

	Muthoottu Mini Financiers Limited	Muthoottu Mini Financiers Ltd
Bid/Offer Opens On	Jan 13, 2021	Nov 04, 2020
Bid/Offer Closes On	Feb 09, 2021	Nov 18, 2020

Shares Offered to Different Investor Category

In Muthoottu Mini NCD January 2021 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD November 2020 QIBs portion includes and offered are offered to retail investors.

	Muthoottu Mini Financiers Limited	Muthoottu Mini Financiers Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	12,50,000 shares	10,00,000 shares

Compare with others

Muthoottu Mini Financiers Limited	Muthoottu Mini Financiers Ltd
Kosamattam Finance NCD March 2021	Muthoottu Mini NCD January 2021
Muthoottu Mini NCD March 2021	Muthoot Fincorp NCD December 2020
IIFL Finance NCD	Kosamattam Fin NCD December 2020
Muthoot Fincorp NCD February 2020	Edelweiss Financial NCD December 2020
Power Finance Corp NCD January 2021	Muthoot Finance NCD Dec 2020
Muthoot Fincorp NCD December 2020	Muthoot Finance NCD Oct 2020
Kosamattam Fin NCD December 2020	Muthoot Fincorp NCD Sep 2020
Edelweiss Financial NCD December 2020	Kosamattam Fin NCD Sep 2020
Muthoot Finance NCD Dec 2020	Muthoottu Mini NCD September 2020
Muthoottu Mini NCD November 2020	Muthoot Fincorp NCD June 2020

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