Comparison between Indel Money NCD May 2022 and Indiabulls Housing Finance Tranche II NCD Sep 2022.
Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indiabulls Housing Finance Tranche II NCD Sep 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Indel Money Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk. | The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable" by CRISIL Ratings Limited and ICRA AA by ICRA Limited with such ratings considered to have a stable outlook. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. Edelweiss Financial Services 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. Indel Money NCD May 2022 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Housing Finance Tranche II NCD Sep 2022 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹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 | Acuite BBB+/Stable by Acuite Ratings & Research Limited | CRISIL AA/Stable and ICRA AA |
| Tenor | 366 days, 18, 24, 61 and 77 Months | 24, 36 and 60 months |
| Series | Series I to Series VIII | Series I to VIII |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indel Money NCD May 2022 and Indiabulls Housing Finance Tranche II NCD Sep 2022 is mentioned.
| Indel Money Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 27, 2022 | Sep 05, 2022 |
| Bid/Offer Closes On | Jun 22, 2022 | Sep 22, 2022 |
In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors. In Indiabulls Housing Finance Tranche II NCD Sep 2022 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors.
| Indel Money Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | |
| Non Institutional | 1,00,000 shares | |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | |
| Others | ||
| Total | 5,00,000 shares | 10,00,000 shares |
