M & M Financial NCD vs Shriram Transport Finance stfc NCD Jan 2019

Comparision between M & M Financial NCD and Shriram Transport Finance stfc NCD Jan 2019.

NCD Details

M & M Financial NCD is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Shriram Transport Finance stfc NCD Jan 2019 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) proposed to list at BSE, NSE.

	Mahindra & Mahindra Financial Services Ltd	Shriram Transport Finance Company Ltd
Logo
Security Type	Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)	Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs)
Listing at	BSE	BSE, NSE
Basis of Allotment	First Come First Serve Basis	First Come First Serve Basis
DRHP (Base)
RHP (Base)
DRHP (Shelf)
RHP (Shelf)
NCD Rating
Registrar	Kfin Technologies Limited	Integrated Registry Management Services Private Limited
Lead Managers	A.K. Capital Services Limited Axis Bank Limited Axis Capital Limited Edelweiss Financial Services Ltd ICICI Securities Limited SBI Capital Markets Limited Trust Investment Advisors Private Limited Yes Bank Limited	A.K. Capital Services Limited Axis Bank Limited Catalyst Trusteeship Limited Edelweiss Financial Services Ltd Jm Financial Limited Trust Investment Advisors 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. M & M Financial NCD issue size is ₹3,500.00 Cr at an issue price of ₹1,000.00 per NCD. Shriram Transport Finance stfc NCD Jan 2019 issue size is ₹700.00 Cr at a issue price of ₹1,000.00 per NCD.

	Mahindra & Mahindra Financial Services Ltd	Shriram Transport Finance Company Ltd
Issue Size (Base)	₹3,500.00 Cr	₹700.00 Cr
Issue Size (Shelf)
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
Tenor
Series
Payment Frequency
Coupon Incentive

NCD Timetable

Offering period of M & M Financial NCD and Shriram Transport Finance stfc NCD Jan 2019 is mentioned.

	Mahindra & Mahindra Financial Services Ltd	Shriram Transport Finance Company Ltd
Bid/Offer Opens On	Jan 04, 2019	Jan 07, 2019
Bid/Offer Closes On	Jan 14, 2019	Jan 31, 2019

Shares Offered to Different Investor Category

In M & M Financial NCD QIBs portion includes and offered are offered to retail investors. In Shriram Transport Finance stfc NCD Jan 2019 QIBs portion includes and offered are offered to retail investors.

	Mahindra & Mahindra Financial Services Ltd	Shriram Transport Finance Company Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total

Compare with others

Mahindra & Mahindra Financial Services Ltd	Shriram Transport Finance Company Ltd
Muthoot Finance NCD (Feb 2019)	L&T Finance NCD March 2019
Manappuram Finance NCD Jan 2019	Muthoot Finance NCD (Feb 2019)
India Infoline Finance NCD Jan 2019	Manappuram Finance NCD Jan 2019
Indiabulls NCD Feb 2019	India Infoline Finance NCD Jan 2019
Shriram Transport Finance stfc NCD Jan 2019	Indiabulls NCD Feb 2019
Kosamattam Finance NCD Dec 2018	M & M Financial NCD
SREI Equipment Finance NCD Dec 2018	Kosamattam Finance NCD Dec 2018
ECL Finance NCD Dec 2018	SREI Equipment Finance NCD Dec 2018
Manappuram Home Finance NCD Sept 2019	ECL Finance NCD Dec 2018
JM Financial NCD Nov 2018	Manappuram Home Finance NCD Sept 2019

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