Comparison between Indel Money NCD Sep 2021 and Ugro Capital NCD October 2021.
Indel Money NCD Sep 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Ugro Capital NCD October 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Indel Money Ltd. | UGRO Capital 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The issue has been rated “CRISIL BBB/Stable” by CRISIL Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. | 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 | Vivro Financial Services Pvt.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. Indel Money NCD Sep 2021 issue size is ₹75.00 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.
| Indel Money Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹75.00 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 BBB/Stable" by CRISIL Ratings | “Acuite A” by Acuite Ratings and Research Limited. |
| Tenor | 366 days, 18, 36, 54, 61 and 71 Months | 9 and 27 Months |
| Series | Series I to Series XI | |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly |
Offering period of Indel Money NCD Sep 2021 and Ugro Capital NCD October 2021 is mentioned.
| Indel Money Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 23, 2021 | Nov 08, 2021 |
| Bid/Offer Closes On | Oct 18, 2021 | Nov 10, 2021 |
In Indel Money NCD Sep 2021 QIBs portion includes 75,000 shares and 3,75,000 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.
| Indel Money Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | 2,00,000 shares |
| Non Institutional | 3,00,000 shares | 2,00,000 shares |
| HNI | 50,000 shares | |
| Retail | 3,75,000 shares | 50,000 shares |
| Others | ||
| Total | 7,50,000 shares | 5,00,000 shares |
