Comparison between EFIL NCD Jan 2020 and Sakthi Fin NCD March 2020.
EFIL NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Fin NCD March 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Finance & Investments Ltd. | Sakthi 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  | DRHP |
| RHP (Base) | RHP | |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued by our Company have been rated by ICRA Limited ("ICRA"). ICRA has vide its letter no RTG/Chen/132/19-20 dated February 18, 2020, assigned a rating of "[ICRA] BBB (Stable)" for an amount up to ` 20,000 lakh for the NCDs. The rating of the NCDs by ICRA indicates moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk | |
| Registrar | MUFG Intime India Pvt.Ltd. | S.K.D.C.Consultants Ltd. |
| Lead Managers | IDBI Capital Markets & Securities Ltd. Edelweiss Financial Services Ltd. | Dalmia Securities Pvt.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. Sakthi Fin NCD March 2020 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Finance & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹250.00 Cr | ₹200.00 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 BBB/ Stable |
| Tenor | 18 months/ 36 months /60 months /120 months | 24 months/ 39 months/ 49 months/ 62 months |
| Series | Series 1 to Series 9 | Series 1 to Series 11 |
| Payment Frequency | Monthly, Annual and Cumulative | Annual, Cumulative and Monthly |
Offering period of EFIL NCD Jan 2020 and Sakthi Fin NCD March 2020 is mentioned.
| Edelweiss Finance & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 23, 2020 | Mar 13, 2020 |
| Bid/Offer Closes On | Jan 31, 2020 | Apr 30, 2020 |
In EFIL NCD Jan 2020 QIBs portion includes and offered are offered to retail investors. In Sakthi Fin NCD March 2020 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Finance & Investments Ltd. | Sakthi Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 12,50,000 shares | 10,00,000 shares |
