Comparison between Edelweiss Financial NCD August 2021 and Indiabulls Housing NCD September 2021.
Edelweiss Financial NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indiabulls Housing NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Edelweiss Financial Services Ltd. | Indiabulls Housing Finance 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 | |
| DRHP (Shelf) | 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 have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Negative” (“BWR double A plus with negative outlook) by Brickwork Ratings India Private Limited. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | Trust Investment Advisors Pvt.Ltd. Edelweiss Financial Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link | 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. Indiabulls Housing NCD September 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹800.00 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 AA/Stable” by CRISIL Ratings and “BWR AA+ /Negative” by Brickwork Ratings |
| Tenor | 36, 60 and 120 Months | 24, 36, 60 and 87 Months |
| Series | ||
| Payment Frequency | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD August 2021 and Indiabulls Housing NCD September 2021 is mentioned.
| Edelweiss Financial Services Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 17, 2021 | Sep 06, 2021 |
| Bid/Offer Closes On | Sep 06, 2021 | Sep 20, 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 Indiabulls Housing NCD September 2021 QIBs portion includes 6,00,000 shares and 6,00,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 6,00,000 shares |
| Non Institutional | 2,00,000 shares | 2,00,000 shares |
| HNI | 8,00,000 shares | 6,00,000 shares |
| Retail | 8,00,000 shares | 6,00,000 shares |
| Others | ||
| Total | 20,00,000 shares | 20,00,000 shares |
