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Edelweiss Financial Services NCD April 2024 vs Navi Finserv NCD February 2024

Comparision between Edelweiss Financial Services NCD April 2024 and Navi Finserv NCD February 2024.

NCD Details

Edelweiss Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Navi Finserv NCD February 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Edelweiss Financial Services Limited Navi Finserv Limited
Logo Edelweiss Financial Services NCD April 2024 Logo Navi Finserv NCD February 2024 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 DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL A+/Stable for an amount of Rs 10,000 million by CRISIL Ratings Limited.

The NCDs proposed to be issued pursuant to this Issue have been rated CRISIL A/Stable by CRISIL.
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Trust Investment Advisors Private Limited

Nuvama Wealth Management Limited
Jm Financial Limited
Debenture Trusties Beacon Trusteeship Limited Catalyst Trusteeship Limited
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 Financial Services NCD April 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Navi Finserv NCD February 2024 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Financial Services Limited Navi Finserv Limited
Issue Size (Base) ₹100.00 Cr ₹300.00 Cr
Issue Size (Shelf)
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 A+/Stable by CRISIL Ratings Limited. CRISIL A/Stable by CRISIL.
Tenor 24, 36, 60 and 120 months 18, 27 and 36 months
Series

Series I to XII

Series I to V
Payment Frequency Monthly and Annually Monthly and Annually
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial Services NCD April 2024 and Navi Finserv NCD February 2024 is mentioned.

  Edelweiss Financial Services Limited Navi Finserv Limited
Bid/Offer Opens On Apr 08, 2024 Feb 26, 2024
Bid/Offer Closes On Apr 23, 2024 Mar 07, 2024

Shares Offered to Different Investor Category

In Edelweiss Financial Services NCD April 2024 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In Navi Finserv NCD February 2024 QIBs portion includes 6,00,000 shares and 9,00,000 shares offered are offered to retail investors.

  Edelweiss Financial Services Limited Navi Finserv Limited
Institutional 1,00,000 shares 6,00,000 shares
Non Institutional 1,00,000 shares 7,50,000 shares
HNI 4,00,000 shares 7,50,000 shares
Retail 4,00,000 shares 9,00,000 shares
Others
Total 10,00,000 shares 30,00,000 shares

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