Comparison between Edelweiss Financial NCD August 2021 and Indel Money NCD Sep 2021.
Edelweiss Financial NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indel Money NCD Sep 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | Indel Money 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated “Acuite AA (Outlook: Negative)” by Acuite Ratings and Research Limited and “[ICRA]A+ (Negative)” by ICRA Limited. | The issue has been rated “CRISIL BBB/Stable” by CRISIL Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Equirus Capital Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Edelweiss Financial NCD August 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Indel Money NCD Sep 2021 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Indel Money Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹75.00 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 | 10 NCD | 1 NCD |
| Credit Rating | Acuite AA (Outlook: Negative), [ICRA] A+ (Negative) | ‘"CRISIL BBB/Stable" by CRISIL Ratings |
| Tenor | 36, 60 and 120 Months | 366 days, 18, 36, 54, 61 and 71 Months |
| Series | Series I to Series XI | |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD August 2021 and Indel Money NCD Sep 2021 is mentioned.
| Edelweiss Financial Services Ltd. | Indel Money Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 17, 2021 | Sep 23, 2021 |
| Bid/Offer Closes On | Sep 06, 2021 | Oct 18, 2021 |
In Edelweiss Financial NCD August 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Indel Money NCD Sep 2021 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Indel Money Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 75,000 shares |
| Non Institutional | 2,00,000 shares | 3,00,000 shares |
| HNI | 8,00,000 shares | |
| Retail | 8,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 7,50,000 shares |
