Free Account Opening + AMC Free Demat
Loading...

Muthoottu Mini NCD July 2019 vs Tata Capital NCD Aug 2019

Comparision between Muthoottu Mini NCD July 2019 and Tata Capital NCD Aug 2019.

NCD Details

Muthoottu Mini NCD July 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Tata Capital NCD Aug 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Muthoottu Mini Financiers Ltd Tata Capital Financial Services Ltd
Logo Muthoottu Mini NCD July 2019 Logo Tata Capital NCD Aug 2019 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE BSE, NSE
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)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated 'CARE BBB-; Stable' by CARE Ratings Limited for an amount of up to Rs 15,000 lakhs vide its letter dated July 1, 2019. The rating of the NCDs by CARE Ratings Limited indicate that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.

The NCDs proposed to be issued under this Tranche II Issue have been rated "CRISIL AAA / Stable" for an amount of up to Rs 7,50,000 lakh by CRISIL Limited vide its letter dated August 15, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 25, 2019 and have been rated "CARE AAA; Stable" for an amount up to Rs 7,50,000 lakh by CARE Ratings Limited vide its letter dated August 14, 2018, revalidated vide its letter dated August 27, 2018 and further revalidated by letter dated July 26, 2019. The ratings of the NCDs issued by CRISIL Limited indicate highest degree of safety regarding timely servicing of financial obligations.

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Vivro Financial Services Private Limited A.K. Capital Services Limited

Axis Bank Limited

Edelweiss Financial Services Ltd
Debenture Trusties
NRI Allowed No Yes
Allotment Link Allotment Link 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 July 2019 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Tata Capital NCD Aug 2019 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoottu Mini Financiers Ltd Tata Capital Financial Services Ltd
Issue Size (Base) ₹1,000.00 Cr ₹500.00 Cr
Issue Size (Shelf) ₹500.00 Cr ₹3,626.00 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 BBB/Stable CRISIL AAA/Stable, CARE AAA/Stable
Tenor 480 days/24 months/36 months/60 months 3 years/ 5 years/ 8 years/ 10 years
Series

Series I to Series VIII

Series I to Series IV

Payment Frequency Monthly, Annual and Cumulative Annual
Coupon Incentive

NCD Timetable

Offering period of Muthoottu Mini NCD July 2019 and Tata Capital NCD Aug 2019 is mentioned.

  Muthoottu Mini Financiers Ltd Tata Capital Financial Services Ltd
Bid/Offer Opens On Aug 07, 2019 Aug 13, 2019
Bid/Offer Closes On Sep 05, 2019 Aug 20, 2019

Shares Offered to Different Investor Category

In Muthoottu Mini NCD July 2019 QIBs portion includes and offered are offered to retail investors. In Tata Capital NCD Aug 2019 QIBs portion includes and offered are offered to retail investors.

  Muthoottu Mini Financiers Ltd Tata Capital Financial Services Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 50,00,000 shares

Comments

Add a public comment...