Comparison between EFIL NCD Jan 2020 and JM Financial NCD Feb 2020.
EFIL NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while JM Financial NCD Feb 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Finance & Investments Ltd. | JM Financial Products 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) | ||
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated [ICRA]AA by ICRA for an amount of upto Rs 2,000 crores vide its letters dated January 09, 2019 and have been rated "CRISIL AA/STABLE" by CRISIL for an amount upto Rs 2,000 crores vide its letter dated January 03, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations | |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | IDBI Capital Markets & Securities Ltd. Edelweiss Financial Services Ltd. | Trust Investment Advisors Pvt.Ltd. JM Financial Ltd. A.K.Capital 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. EFIL NCD Jan 2020 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. JM Financial NCD Feb 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Finance & Investments Ltd. | JM Financial Products Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹250.00 Cr | ₹2,000.00 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; CARE AA-/ Stable | ICRA AA/Stable, CRISIL AA/Stable |
| Tenor | 18 months/ 36 months /60 months /120 months | 24 months/ 40 months/ 60 months/ 120 months |
| Series | Series 1 to Series 9 | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | Annual, Cumulative and Monthly |
Offering period of EFIL NCD Jan 2020 and JM Financial NCD Feb 2020 is mentioned.
| Edelweiss Finance & Investments Ltd. | JM Financial Products Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 23, 2020 | Feb 13, 2020 |
| Bid/Offer Closes On | Jan 31, 2020 | Mar 09, 2020 |
In EFIL NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In JM Financial NCD Feb 2020 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Finance & Investments Ltd. | JM Financial Products Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 12,50,000 shares | 10,00,000 shares |
