Comparison between Edelweiss Financial NCD December 2021 and Indiabulls Housing NCD Dec 2021.
Edelweiss Financial NCD December 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indiabulls Housing NCD Dec 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under the issue have been rated “CRISIL AA-/” for an amount of Rs. 10,000 million by CRISIL dated October 22, 2021 and “ACUITE AA” for an amount of Rs. 15,000 million by Acuite dated October 20, 2021. | The issue have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Stable” (“BWR double A plus with stable outlook) by Brickwork Ratings India Private Limited. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. Edelweiss Financial Services 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 December 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Housing NCD Dec 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) | ₹300.00 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 | 1 NCD | 1 NCD |
| Credit Rating | CRISIL AA-/Negative and ACUITEE AA/Negative | CRISIL AA/Stable by Crisil and BWR AA+/Stable by Brickwork |
| Tenor | 24, 36, 60, and 120 Months | 24, 36, and 60Months |
| Series | Series I to Series X | Series 1 to 8 |
| Payment Frequency | Monthly | Monthly, Cumulative and Annually |
Offering period of Edelweiss Financial NCD December 2021 and Indiabulls Housing NCD Dec 2021 is mentioned.
| Edelweiss Financial Services Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2021 | Dec 09, 2021 |
| Bid/Offer Closes On | Dec 22, 2021 | Dec 31, 2021 |
In Edelweiss Financial NCD December 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Indiabulls Housing NCD Dec 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 |
