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Muthoot Fincorp NCD Tranche I August 2024 vs SMC Global Securities NCD 2024

Comparision between Muthoot Fincorp NCD Tranche I August 2024 and SMC Global Securities NCD 2024.

NCD Details

Muthoot Fincorp NCD Tranche I August 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SMC Global Securities NCD 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Muthoot Fincorp Limited SMC Global Securities Limited
Logo Muthoot Fincorp NCD Tranche I August 2024 Logo SMC Global Securities NCD 2024 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 RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

“CRISIL AA-/Stable” (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,90,000 lakhs of NCDs by CRISIL Ratings Limited vide letter dated June 29. June 2024, and 'CRISIL AA-/Stable' (pronounced as CRISIL double A minus rating with stable outlook) for an amount of Rs. 1,10,000 lakhs of NCDs (of which Rs. 10,900 lakhs are unutilized) by CRISIL Ratings Limited

The NCDs proposed to be issued under this Issue have been rated 'CRISILA/Stable' (pronounced as CRISIL A rating with Stable outlook) by CRISIL Ratings Limited for an amount of up to ₹17,500 Lakhs, and rated '[ICRA] (A Stable)' (pronounced as ICRA A rating with a stable outlook) by ICRA Limited for an amount of up to ₹40,000 Lakhs.

Registrar Integrated Registry Management Services Private Limited Link Intime India Private Ltd
Lead Managers Nuvama Wealth Management Limited Corporate Professionals Capital Private Ltd
Debenture Trusties Vardhman Trusteeship Private Limited Idbi Trusteeship Services Ltd.
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 Tranche I August 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SMC Global Securities NCD 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  Muthoot Fincorp Limited SMC Global Securities Limited
Issue Size (Base) ₹100.00 Cr ₹75.00 Cr
Issue Size (Shelf) ₹2,000.00 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
CRISIL AA-/Stable by CRISIL Ratings Limited.

CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited.

Tenor 24, 36, 60, 72, and 92 Months 24, 36, and 60 Months
Series

Series I to XIII

Series I to VI

Payment Frequency Monthly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Muthoot Fincorp NCD Tranche I August 2024 and SMC Global Securities NCD 2024 is mentioned.

  Muthoot Fincorp Limited SMC Global Securities Limited
Bid/Offer Opens On Aug 28, 2024 Jul 19, 2024
Bid/Offer Closes On Sep 10, 2024 Aug 01, 2024

Shares Offered to Different Investor Category

In Muthoot Fincorp NCD Tranche I August 2024 QIBs portion includes and offered are offered to retail investors. In SMC Global Securities NCD 2024 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.

  Muthoot Fincorp Limited SMC Global Securities Limited
Institutional 75,000 shares
Non Institutional 1,87,500 shares
HNI 1,87,500 shares
Retail 3,00,000 shares
Others
Total 7,50,000 shares

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