Comparison between Edelweiss Financial NCD Tranche II Sep 2022 and Kosamattam Finance NCD July 2022.
Edelweiss Financial NCD Tranche II Sep 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD July 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | Kosamattam Finance 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 "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited. | The NCDs proposed to be issued under this Issue have been rated "BWR BBB+/Positive" by Brickwork Ratings India Private Limited for an amount of Rs.35,000 lakhs. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | SMC Capitals 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 Tranche II Sep 2022 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD July 2022 issue size is ₹175.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹175.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹175.00 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 ACUITE AA-/Negative | BWR BBB+/Positive by Brickwork Ratings India Private Limited. |
| Tenor | 24, 36, 60, and 120 Months | 400 days, 36, 42, 48, 54, 60, 88 months |
| Series | Series I to Series X | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of Edelweiss Financial NCD Tranche II Sep 2022 and Kosamattam Finance NCD July 2022 is mentioned.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 03, 2022 | Jul 13, 2022 |
| Bid/Offer Closes On | Oct 17, 2022 | Aug 04, 2022 |
In Edelweiss Financial NCD Tranche II Sep 2022 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Kosamattam Finance NCD July 2022 QIBs portion includes 1,75,000 shares and 8,75,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 1,75,000 shares |
| Non Institutional | 2,00,000 shares | 1,75,000 shares |
| HNI | 8,00,000 shares | 5,25,000 shares |
| Retail | 8,00,000 shares | 8,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 17,50,000 shares |
