Comparison between Edelweiss Financial NCD April 2021 and India Grid Trust NCD April 2021.
Edelweiss Financial NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while India Grid Trust NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Edelweiss Financial Services Ltd. | India Grid Trust | |
|---|---|---|
| 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | JM Financial 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. Edelweiss Financial NCD April 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. India Grid Trust NCD April 2021 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | India Grid Trust | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹200.00 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 | 1 NCD |
| Market Lot | 10 NCD | 1 NCD |
| Credit Rating | ‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited | This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited. |
| Tenor | 3, 5, 7 & 10 year | |
| Series | ||
| Payment Frequency | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD April 2021 and India Grid Trust NCD April 2021 is mentioned.
| Edelweiss Financial Services Ltd. | India Grid Trust | |
|---|---|---|
| Bid/Offer Opens On | Apr 01, 2021 | Apr 28, 2021 |
| Bid/Offer Closes On | Apr 23, 2021 | Apr 30, 2021 |
In Edelweiss Financial NCD April 2021 QIBs portion includes and offered are offered to retail investors. In India Grid Trust NCD April 2021 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | India Grid Trust | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 20,00,000 shares | 10,00,000 shares |
