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Dhani Loans and Services NCD April 2022 vs Indel Money NCD May 2022

Comparision between Dhani Loans and Services NCD April 2022 and Indel Money NCD May 2022.

NCD Details

Dhani Loans and Services NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Dhani Loans and Services Limited Indel Money Limited
Logo Dhani Loans and Services NCD April 2022 Logo Indel Money NCD May 2022 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 DRHP
RHP (Base) RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCD worth Rs. 10000 million has been rated as IVR AA/ Stable Outlook by Infomerics Valuation and Rating Private Limited. The instrument with such a rating is expected to have a Stable Outlook.

The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Edelweiss Financial Services Ltd

Trust Investment Advisors Private Limited
Vivro Financial Services Private Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Dhani Loans and Services NCD April 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Indel Money NCD May 2022 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Dhani Loans and Services Limited Indel Money Limited
Issue Size (Base) ₹100.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹100.00 Cr ₹50.00 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 IVR AA/ Stable Outlook Acuite BBB+/Stable by Acuite Ratings & Research Limited
Tenor 370 days, 24 months and 36 months 366 days, 18, 24, 61 and 77 Months
Series Series I to VII

Series I to Series VIII

Payment Frequency Monthly, Annual and Cumulative Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Dhani Loans and Services NCD April 2022 and Indel Money NCD May 2022 is mentioned.

  Dhani Loans and Services Limited Indel Money Limited
Bid/Offer Opens On Apr 19, 2022 May 27, 2022
Bid/Offer Closes On May 10, 2022 Jun 22, 2022

Shares Offered to Different Investor Category

In Dhani Loans and Services NCD April 2022 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors.

  Dhani Loans and Services Limited Indel Money Limited
Institutional 3,00,000 shares
Non Institutional 1,00,000 shares
HNI 3,00,000 shares
Retail 3,00,000 shares
Others
Total 10,00,000 shares 5,00,000 shares

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