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Edelweiss Broking NCD July 2022 vs Navi Finserv NCD May 2022

Comparision between Edelweiss Broking NCD July 2022 and Navi Finserv NCD May 2022.

NCD Details

Edelweiss Broking NCD July 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Navi Finserv NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Edelweiss Broking Limited Navi Finserv Limited
Logo Edelweiss Broking NCD July 2022 Logo Navi Finserv NCD May 2022 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)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 3,000 million by CRISIL Ratings Limited and "ACUITE AA" for an amount of Rs. 3,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.

The NCDs proposed to be issued under the Issue have been rated as IND A/ Stable by India Ratings & Research Pvt Ltd. The instrument with such a rating is expected to have an adequate degree of safety.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Equirus Capital Private Limited

Edelweiss Financial Services Ltd
A.K. Capital Services Limited

Jm Financial 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. Edelweiss Broking NCD July 2022 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Navi Finserv NCD May 2022 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Broking Limited Navi Finserv Limited
Issue Size (Base) ₹150.00 Cr ₹300.00 Cr
Issue Size (Shelf) ₹150.00 Cr ₹300.00 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-/Negative IND A/ Stable by India Ratings & Research Pvt Ltd
Tenor 24, 36, 60 and 120 months 18 and 27 Months
Series

Series I to X

Series I to IV

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

NCD Timetable

Offering period of Edelweiss Broking NCD July 2022 and Navi Finserv NCD May 2022 is mentioned.

  Edelweiss Broking Limited Navi Finserv Limited
Bid/Offer Opens On Jul 05, 2022 May 23, 2022
Bid/Offer Closes On Jul 12, 2022 Jun 02, 2022

Shares Offered to Different Investor Category

In Edelweiss Broking NCD July 2022 QIBs portion includes 1,50,000 shares and 6,00,000 shares offered are offered to retail investors. In Navi Finserv NCD May 2022 QIBs portion includes 6,00,000 shares and 9,00,000 shares offered are offered to retail investors.

  Edelweiss Broking Limited Navi Finserv Limited
Institutional 1,50,000 shares 6,00,000 shares
Non Institutional 1,50,000 shares 6,00,000 shares
HNI 6,00,000 shares 9,00,000 shares
Retail 6,00,000 shares 9,00,000 shares
Others
Total 15,00,000 shares 30,00,000 shares

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