Comparison between 360 ONE Prime Tranche II NCD May 2024 and IIFL Samasta Finance NCD Tranche II May 2024.
360 ONE Prime Tranche II NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while IIFL Samasta Finance NCD Tranche II May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| 360 ONE Prime Ltd. | IIFL Samasta Finance Ltd. | |
|---|---|---|
| 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | DRHP (Shelf) | DRHP (Shelf) |
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook. | The ratings of NCDs proposed to be issued under the terms of this Tranche II Prospectus have been revalidated to CRISIL AA-/Watch Developing (Continues on 'Rating Watch with Developing Implications') for an amount of ₹ 2,000 crore by CRISIL Ratings Limited vide their rating letter dated May 8, 2024 and 'ACUITE AA | Rating Watch Negative Implications' for an amount of ₹ 2,000 crore by Acuite Ratings & Research Limited vide their rating revalidation letter dated May 10, 2024. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. A.K.Capital Services Ltd. Trust Investment Advisors Pvt.Ltd. | IIFL Capital Services Ltd. Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. 360 ONE Prime Tranche II NCD May 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. IIFL Samasta Finance NCD Tranche II May 2024 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| 360 ONE Prime Ltd. | IIFL Samasta Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 Cr | ₹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 and [ICRA] AA (stable) by ICRA Limited. | CRISIL AA-/Watch Developing by CRISIL Ratings Limited and 'ACUITE AA | Rating Watch Negative Implications' by Acuite Ratings & Rese |
| Tenor | 18, 24, 36, 60 and 120 months | 24, 36 and 60 Months |
| Series | Series I to X | Series I to VI |
| Payment Frequency | Monthly and Annually | Monthly and Annually |
Offering period of 360 ONE Prime Tranche II NCD May 2024 and IIFL Samasta Finance NCD Tranche II May 2024 is mentioned.
| 360 ONE Prime Ltd. | IIFL Samasta Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 24, 2024 | Jun 03, 2024 |
| Bid/Offer Closes On | Jun 06, 2024 | Jun 14, 2024 |
In 360 ONE Prime Tranche II NCD May 2024 QIBs portion includes 2,50,000 shares and 2,50,000 shares offered are offered to retail investors. In IIFL Samasta Finance NCD Tranche II May 2024 QIBs portion includes 2,00,000 shares and 6,00,000 shares offered are offered to retail investors.
| 360 ONE Prime Ltd. | IIFL Samasta Finance Ltd. | |
|---|---|---|
| Institutional | 2,50,000 shares | 2,00,000 shares |
| Non Institutional | 2,50,000 shares | 6,00,000 shares |
| HNI | 2,50,000 shares | 6,00,000 shares |
| Retail | 2,50,000 shares | 6,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
