Comparison between Chemmanur Credits and Investments NCD Feb. 2024 and Cholamandalam Investment NCD Tranche IV Jan. 2024.
Chemmanur Credits and Investments NCD Feb. 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Cholamandalam Investment NCD Tranche IV Jan. 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Chemmanur Credits & Investments Ltd. | Cholamandalam Investment & Finance Co.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) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (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 company has received a rating of ICRA AA+ (Stable) by ICRA Limited and IND AA+ (Stable) by India Ratings & Research Private Limited for the NCDs proposed to be issued pursuant to this Issue. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | IDBI Trusteeship Services 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 Feb. 2024 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Cholamandalam Investment NCD Tranche IV Jan. 2024 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Cholamandalam Investment & Finance Co.Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹5,000.00 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 | IND BBB-/Stable by India Ratings and Research Private Limited. | IND AA+/Stable by India Ratings & Research Private Limited and ICRA AA+ (Stable) by ICRA Limited |
| Tenor | 366 Days, 12, 18, 24, 36, 60, and 72 Months | 24, 36 and 60 Months |
| Series | Series I to VIII | Series I to VI |
| Payment Frequency | Monthly and Cumulative | Annually and Cumulative |
Offering period of Chemmanur Credits and Investments NCD Feb. 2024 and Cholamandalam Investment NCD Tranche IV Jan. 2024 is mentioned.
| Chemmanur Credits & Investments Ltd. | Cholamandalam Investment & Finance Co.Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 20, 2024 | Jan 19, 2024 |
| Bid/Offer Closes On | Mar 04, 2024 | Jan 25, 2024 |
In Chemmanur Credits and Investments NCD Feb. 2024 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors. In Cholamandalam Investment NCD Tranche IV Jan. 2024 QIBs portion includes 15,00,000 shares and 10,00,000 shares offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Cholamandalam Investment & Finance Co.Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 15,00,000 shares |
| Non Institutional | 2,00,000 shares | 12,50,000 shares |
| HNI | 12,50,000 shares | |
| Retail | 2,50,000 shares | 10,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 50,00,000 shares |
