Muthoot Fincorp NCD February 2020 vs Muthoottu Mini NCD March 2021

Comparision between Muthoot Fincorp NCD February 2020 and Muthoottu Mini NCD March 2021.

NCD Details

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

	Muthoot Fincorp Limited	Muthoottu Mini Financiers Limited
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)
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	Integrated Registry Management Services Private Limited	Link Intime India Private Ltd
Lead Managers	Smc Capitals 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. Muthoot Fincorp NCD February 2020 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD March 2021 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.

	Muthoot Fincorp Limited	Muthoottu Mini Financiers Limited
Issue Size (Base)	₹150.00 Cr	₹125.00 Cr
Issue Size (Shelf)	₹150.00 Cr	₹125.00 Cr
Issue Price	₹1,000.00 per NCD	₹1,000.00 per NCD
Face Value	₹1,000.00 per NCD	₹10.00 per NCD
Minimum Lot size	10 NCD	10 NCD
Market Lot	10 NCD	1 NCD
Credit Rating	The NCDs have been rated 'A (Stable)' by CRISIL Limited	‘IND BBB’: Outlook Stable’ by India Ratings
Tenor	27, 38, 60 and 72 months	480 Days, 24, 42, 50, 61 and 84 Months
Series	Series I to Series IX
Payment Frequency	Monthly, Yearly or Cumulative	Monthly, Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Fincorp NCD February 2020 and Muthoottu Mini NCD March 2021 is mentioned.

	Muthoot Fincorp Limited	Muthoottu Mini Financiers Limited
Bid/Offer Opens On	Feb 18, 2021	Mar 30, 2021
Bid/Offer Closes On	Mar 09, 2021	Apr 23, 2021

Shares Offered to Different Investor Category

In Muthoot Fincorp NCD February 2020 QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD March 2021 QIBs portion includes and offered are offered to retail investors.

	Muthoot Fincorp Limited	Muthoottu Mini Financiers Limited
Institutional
Non Institutional
HNI
Retail
Others
Total	15,00,000 shares	12,50,000 shares

Compare with others

Muthoot Fincorp Limited	Muthoottu Mini Financiers Limited
Muthoot Finance Limited Tranche III NCD	India Grid Trust NCD April 2021
Edelweiss Financial NCD April 2021	Muthoot Fincorp Limited NCD April 2020
Kosamattam Finance NCD March 2021	Muthoot Finance Limited Tranche III NCD
Muthoottu Mini NCD March 2021	Edelweiss Financial NCD April 2021
IIFL Finance NCD	Kosamattam Finance NCD March 2021
Power Finance Corp NCD January 2021	IIFL Finance NCD
Muthoottu Mini NCD January 2021	Muthoot Fincorp NCD February 2020
Muthoot Fincorp NCD December 2020	Power Finance Corp NCD January 2021
Kosamattam Fin NCD December 2020	Muthoottu Mini NCD January 2021
Edelweiss Financial NCD December 2020	Muthoot Fincorp NCD December 2020

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