Comparison between CreditAccess Grameen Tranche II NCD 2023 and Vivriti Capital NCD August 2023.
CreditAccess Grameen Tranche II NCD 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Vivriti Capital NCD August 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| CreditAccess Grameen Ltd. | Vivriti Capital Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated IND AA-/Stable for an amount of Rs 1500 Crores by India Ratings & Research Private Limited. | The company has received a rating of ICRA A (Stable) by ICRA Limited and CARE A+ by CARE Ratings Limited for the NCDs proposed to be issued pursuant to this Issue. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | JM Financial Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | Catalyst Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. CreditAccess Grameen Tranche II NCD 2023 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Vivriti Capital NCD August 2023 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| CreditAccess Grameen Ltd. | Vivriti Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹1,000.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 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 | IND AA-/Stable | ICRA A (Stable) by ICRA Limited and CARE A+ by CARE Ratings Limited |
| Tenor | 24, 33 and 60 months | 18 and 24 Months |
| Series | Series I to VIII | Series I to V |
| Payment Frequency | Monthly and Cumulative | Monthly, Quarterly and Annually |
Offering period of CreditAccess Grameen Tranche II NCD 2023 and Vivriti Capital NCD August 2023 is mentioned.
| CreditAccess Grameen Ltd. | Vivriti Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 24, 2023 | Aug 18, 2023 |
| Bid/Offer Closes On | Sep 01, 2023 | Aug 31, 2023 |
In CreditAccess Grameen Tranche II NCD 2023 QIBs portion includes 10,00,000 shares and 10,00,000 shares offered are offered to retail investors. In Vivriti Capital NCD August 2023 QIBs portion includes 5,00,000 shares and 7,50,000 shares offered are offered to retail investors.
| CreditAccess Grameen Ltd. | Vivriti Capital Ltd. | |
|---|---|---|
| Institutional | 10,00,000 shares | 5,00,000 shares |
| Non Institutional | 12,00,000 shares | 5,00,000 shares |
| HNI | 8,00,000 shares | 7,50,000 shares |
| Retail | 10,00,000 shares | 7,50,000 shares |
| Others | ||
| Total | 40,00,000 shares | 25,00,000 shares |
