Comparison between IIFL Finance NCD September 2021 and Ugro Capital NCD October 2021.
IIFL Finance NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Ugro Capital NCD October 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| IIFL Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs have been rated CRISIL AA/Stable by CRISIL Limited BWR AA+/ Negative by Brickworks Ratings India Private Limited. | The issue has been rated f “Acuite A” by Acuite Ratings and Research Limited. This rating signifies adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. | Sundae Capital Advisors 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. IIFL Finance NCD September 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Ugro Capital NCD October 2021 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹900.00 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 & BWR AA+/ Negative | “Acuite A” by Acuite Ratings and Research Limited. |
| Tenor | 24, 36 and 60 Months | 9 and 27 Months |
| Series | ||
| Payment Frequency | Annual, Cumulative | Monthly |
Offering period of IIFL Finance NCD September 2021 and Ugro Capital NCD October 2021 is mentioned.
| IIFL Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 27, 2021 | Nov 08, 2021 |
| Bid/Offer Closes On | Oct 08, 2021 | Nov 10, 2021 |
In IIFL Finance NCD September 2021 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In Ugro Capital NCD October 2021 QIBs portion includes 2,00,000 shares and 50,000 shares offered are offered to retail investors.
| IIFL Finance Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 2,00,000 shares |
| Non Institutional | 1,00,000 shares | 2,00,000 shares |
| HNI | 4,00,000 shares | 50,000 shares |
| Retail | 4,00,000 shares | 50,000 shares |
| Others | ||
| Total | 10,00,000 shares | 5,00,000 shares |
