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Muthoot Mercantile NCD August 2024 vs SMC Global Securities NCD 2024

Comparision between Muthoot Mercantile NCD August 2024 and SMC Global Securities NCD 2024.

NCD Details

Muthoot Mercantile NCD 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 Mercantile Limited SMC Global Securities Limited
Logo Muthoot Mercantile NCD 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 DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated IND BBB/Stable by India Ratings & Research Private 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 Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Corporate Professionals Capital Private Ltd
Debenture Trusties Mitcon Credentia Trusteeship Services 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 Mercantile NCD August 2024 issue size is ₹75.00 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 Mercantile Limited SMC Global Securities Limited
Issue Size (Base) ₹75.00 Cr ₹75.00 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 IND BBB/Stable by by India Ratings & Research Private Limited

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

Tenor 400 days, 20, 36,60 and 73 Months 24, 36, and 60 Months
Series

Series I to IX

Series I to VI

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

NCD Timetable

Offering period of Muthoot Mercantile NCD August 2024 and SMC Global Securities NCD 2024 is mentioned.

  Muthoot Mercantile Limited SMC Global Securities Limited
Bid/Offer Opens On Aug 23, 2024 Jul 19, 2024
Bid/Offer Closes On Sep 05, 2024 Aug 01, 2024

Shares Offered to Different Investor Category

In Muthoot Mercantile NCD August 2024 QIBs portion includes 75,000 shares and 3,75,000 shares 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 Mercantile Limited SMC Global Securities Limited
Institutional 75,000 shares 75,000 shares
Non Institutional 3,00,000 shares 1,87,500 shares
HNI 1,87,500 shares
Retail 3,75,000 shares 3,00,000 shares
Others
Total 7,50,000 shares 7,50,000 shares

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