Comparison between Arka Fincap NCD Tranche I Nov 2023 and Kosamattam Finance NCD January 2024.
Arka Fincap NCD Tranche I Nov 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD January 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Arka Fincap Ltd. | Kosamattam Finance 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) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | 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. | The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. JM Financial Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Vistra ITCL India Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Arka Fincap NCD Tranche I Nov 2023 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD January 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Arka Fincap Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹300.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹500.00 Cr | ₹200.00 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-/ Positive” by CRISIL Ratings Limited | IND A-/Stable by India Ratings |
| Tenor | 24, 36 and 60 Months | 18, 24, 30, 36, 39, 48, 54, and 88 months |
| Series | Series I to VI | Series I to VIII |
| Payment Frequency | Quarterly and Annually | Monthly and Cumulative |
Offering period of Arka Fincap NCD Tranche I Nov 2023 and Kosamattam Finance NCD January 2024 is mentioned.
| Arka Fincap Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 07, 2023 | Jan 01, 2024 |
| Bid/Offer Closes On | Dec 20, 2023 | Jan 12, 2024 |
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. In Kosamattam Finance NCD January 2024 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.
| Arka Fincap Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 3,75,000 shares | 1,00,000 shares |
| Non Institutional | 3,75,000 shares | 1,00,000 shares |
| HNI | 3,75,000 shares | 3,00,000 shares |
| Retail | 3,75,000 shares | 5,00,000 shares |
| Others | ||
| Total | 15,00,000 shares | 10,00,000 shares |
