Comparison between 360 ONE Prime Tranche I NCD January 2024 and Arka Fincap NCD Tranche I Nov 2023.
360 ONE Prime Tranche I NCD January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Arka Fincap NCD Tranche I Nov 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| 360 ONE Prime Ltd. | Arka Fincap Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| 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 NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Positive by CRISIL Ratings Limited, with such ratings considered to have a stable outlook. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. A.K.Capital Services Ltd. JM Financial Ltd. | Nuvama Wealth Management Ltd. JM Financial Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Catalyst 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 I NCD January 2024 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Arka Fincap NCD Tranche I Nov 2023 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.
| 360 ONE Prime Ltd. | Arka Fincap Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹1,000.00 Cr | ₹300.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 Cr | ₹500.00 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-/ Positive” by CRISIL Ratings Limited |
| Tenor | 18, 24, 36 and 60 months | 24, 36 and 60 Months |
| Series | Series I to VIII | Series I to VI |
| Payment Frequency | Monthly and Annually | Quarterly and Annually |
Offering period of 360 ONE Prime Tranche I NCD January 2024 and Arka Fincap NCD Tranche I Nov 2023 is mentioned.
| 360 ONE Prime Ltd. | Arka Fincap Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 11, 2024 | Dec 07, 2023 |
| Bid/Offer Closes On | Jan 15, 2024 | Dec 20, 2023 |
In 360 ONE Prime Tranche I NCD January 2024 QIBs portion includes 4,00,000 shares and 6,00,000 shares offered are offered to retail investors. In Arka Fincap NCD Tranche I Nov 2023 QIBs portion includes 3,75,000 shares and 3,75,000 shares offered are offered to retail investors.
| 360 ONE Prime Ltd. | Arka Fincap Ltd. | |
|---|---|---|
| Institutional | 4,00,000 shares | 3,75,000 shares |
| Non Institutional | 4,00,000 shares | 3,75,000 shares |
| HNI | 6,00,000 shares | 3,75,000 shares |
| Retail | 6,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 15,00,000 shares |
