[Gujarati Club] Comparison of Secured NCD of Shriram City Union, Religare Finvest & Muthoot Finance

 



Comparison of Non convertible debentures offerings from Shriram City Union, Religare Finvest & Muthoot Finance
Issuer Name Shriram City Union Finance Ltd
NCD in nature of Secured Redeemable NCD
Opening Date 12-Sept-12
Closing Date 26-Sept-12
Rating CRISIL AA-/stable, CARE AA
Mim Appl Rs10,000 & in multiple of Rs1,000
Tenor 36M 36M 60M 60M 36M 36M 60M 60M
Interest Frequency Yly Yly Annual Annual Cumu Cumu Cumu Cumu
Investor Category Retail Non Retail Retail Non Retail Retail Non Retail Retail Non Retail
Coupon Rate 10.60% 10.60% 10.75% 10.75% NA NA NA NA
Additional Incentive 0.90% NIL 1.00% NIL NA NA NA NA
Effective Yield 11.50% 10.60% 11.75% 10.75% 11.50% 10.60% 11.75% 10.75%
Listing at BSE & NSE

Issuer Name Religare Finvest Ltd
NCD in nature of Secured Redeemable NCD
Opening Date 14-Sept-12
Closing Date 27-Sept-12
Rating ICRA & CARE: AA-
Mim Appl Rs10,000 and in multiple of Rs1,000
Tenor 36M & 1Day 36M & 1Day 60Months 60Months 70M 72M
Interest Frequency Yly Cumu Yearly Cumulative Cumu Cumu
Investor Category     Retail Non Retail Retail Non Retail Retail Non Retail
Coupon Rate 12.25% NA 12.50% 12.25% NA   NA NA
Additioanl Incentive - - - - - - - -
Effective Yield 12.25% 12.25% 12.50% 12.25% 12.50% 12.25% 12.62% 12.25%
Listing at BSE & NSE

Issuer Name Muthoot Finance Ltd
NCD in nature of Secured Redeemable NCD
Opening Date 17-Sept-12
Closing Date 05-Oct-12
Rating AA- from CRISIL & ICRA
Mim Appl Rs10,000 & in multiple of Rs1,000
Tenor 24Months 36Months 60Months 60Months 72Months  
Interest Frequency Annual Annual Monthly Annual Cumulative  
Investor Category            
Coupon Rate 11.50% 11.75% 11.75% 12.00% 12.25%  
Additioanl Incentive - - - - -  
Effective Yield 11.50% 11.75% 12.40% 12.00% 12.25%  
Listing at BSE & NSE


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