Comparison between Chemmanur Credits and Investments NCD July 2024 and Sakthi Finance NCD June 2024.
Chemmanur Credits and Investments NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Chemmanur Credits & Investments Ltd. | Sakthi 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue has been rated IND BBB-/Stable by India Ratings and Research Private Limited. | The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA). |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Bonanza Portfolio Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services 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. Chemmanur Credits and Investments NCD July 2024 issue size is ₹40.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD June 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹40.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ||
| 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 | IND BBB-/Stable by India Ratings and Research Private Limited. | [ICRA] BBB (Stable) by ICRA Limited. |
| Tenor | 367 Days, 18, 24, 36, 60, and 70 Months | 24, 36, 60 and 85 months |
| Series | Series I to IX | Series I to VII |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Chemmanur Credits and Investments NCD July 2024 and Sakthi Finance NCD June 2024 is mentioned.
| Chemmanur Credits & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 26, 2024 | Jun 20, 2024 |
| Bid/Offer Closes On | Aug 08, 2024 | Jul 03, 2024 |
In Chemmanur Credits and Investments NCD July 2024 QIBs portion includes 40,000 shares and 2,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD June 2024 QIBs portion includes 37,500 shares and 3,00,000 shares offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Institutional | 40,000 shares | 37,500 shares |
| Non Institutional | 1,60,000 shares | 1,12,500 shares |
| HNI | 3,00,000 shares | |
| Retail | 2,00,000 shares | 3,00,000 shares |
| Others | ||
| Total | 4,00,000 shares | 7,50,000 shares |
