Comparison between Edelweiss Financial Services NCD October 2023 and Incred Financial Services October 2023 NCD.
Edelweiss Financial Services NCD October 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Incred Financial Services October 2023 NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services Ltd. | Incred 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL AA- /Negative (pronounced as CRISIL double A minus rating with a Negative outlook). | The NCDs proposed to be issued have been rated 'CRISIL A+/Stable' by CRISIL Ratings Limited. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | InCred Capital Wealth Portfolio Managers Pvt.Ltd. JM Financial Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Catalyst Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Edelweiss Financial Services NCD October 2023 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Incred Financial Services October 2023 NCD issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Incred Financial Services Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹300.00 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-/Negative by CRISIL. | CRISIL A+/Stable by CRISIL Ratings Limited. |
| Tenor | 24, 36, 60 and 120 Months | 18, 24 and 36 months |
| Series | Series I to X | Series I to V |
| Payment Frequency | Monthly and Annually | Monthly, Quarterly and Annually |
Offering period of Edelweiss Financial Services NCD October 2023 and Incred Financial Services October 2023 NCD is mentioned.
| Edelweiss Financial Services Ltd. | Incred Financial Services Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Oct 06, 2023 | Oct 25, 2023 |
| Bid/Offer Closes On | Oct 19, 2023 | Nov 07, 2023 |
In Edelweiss Financial Services NCD October 2023 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In Incred Financial Services October 2023 NCD QIBs portion includes 75,000 shares and 6,75,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Incred Financial Services Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 75,000 shares |
| Non Institutional | 1,00,000 shares | 1,50,000 shares |
| HNI | 4,00,000 shares | 6,00,000 shares |
| Retail | 4,00,000 shares | 6,75,000 shares |
| Others | ||
| Total | 10,00,000 shares | 15,00,000 shares |
