Comparison between 360 ONE Prime Tranche II NCD May 2024 and Edelweiss Financial Services NCD July 2024.
360 ONE Prime Tranche II NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Edelweiss Financial Services NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| 360 ONE Prime Ltd. | Edelweiss Financial Services 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook. | The NCDs proposed to be issued under the Issue have been rated "CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') for an amount of ₹ 1,500 million by CRISIL Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | IIFL Capital Services Ltd. A.K.Capital Services Ltd. Trust Investment Advisors Pvt.Ltd. | Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. 360 ONE Prime Tranche II NCD May 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Edelweiss Financial Services NCD July 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| 360 ONE Prime Ltd. | Edelweiss Financial Services Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 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/Stable by CRISIL Ratings Limited and [ICRA] AA (stable) by ICRA Limited. | CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') by CRISIL Ratings Limited. |
| Tenor | 18, 24, 36, 60 and 120 months | 24, 36, 60 and 120 Months |
| Series | Series I to X | Series I to XII |
| Payment Frequency | Monthly and Annually | Monthly and Annually |
Offering period of 360 ONE Prime Tranche II NCD May 2024 and Edelweiss Financial Services NCD July 2024 is mentioned.
| 360 ONE Prime Ltd. | Edelweiss Financial Services Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 24, 2024 | Jul 08, 2024 |
| Bid/Offer Closes On | Jun 06, 2024 | Jul 22, 2024 |
In 360 ONE Prime Tranche II NCD May 2024 QIBs portion includes 2,50,000 shares and 2,50,000 shares offered are offered to retail investors. In Edelweiss Financial Services NCD July 2024 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors.
| 360 ONE Prime Ltd. | Edelweiss Financial Services Ltd. | |
|---|---|---|
| Institutional | 2,50,000 shares | 1,00,000 shares |
| Non Institutional | 2,50,000 shares | 1,00,000 shares |
| HNI | 2,50,000 shares | 4,00,000 shares |
| Retail | 2,50,000 shares | 4,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
