Comparison of Secured NCD of Shriram City Union, Religare Finvest and 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