Comparison between India Grid Trust NCD April 2021 and Piramal Capital NCD July 2021.
India Grid Trust NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Piramal Capital NCD July 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| India Grid Trust | Piramal Capital & Housing Finance 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) | ||
| NCD Rating |
| |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. | Trust Investment Advisors Pvt.Ltd. JM Financial 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. India Grid Trust NCD April 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Piramal Capital NCD July 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| India Grid Trust | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹800.00 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 | 1 NCD | 10 NCD |
| Market Lot | 1 NCD | 10 NCD |
| Credit Rating | This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited. | CARE AA, ICRA AA with outlook (Negative) |
| Tenor | 3, 5, 7 & 10 year | 26, 36, 60 and 120 months |
| Series | ||
| Payment Frequency |
Offering period of India Grid Trust NCD April 2021 and Piramal Capital NCD July 2021 is mentioned.
| India Grid Trust | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 28, 2021 | Jul 12, 2021 |
| Bid/Offer Closes On | Apr 30, 2021 | Jul 19, 2021 |
In India Grid Trust NCD April 2021 QIBs portion includes and offered are offered to retail investors. In Piramal Capital NCD July 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors.
| India Grid Trust | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | |
| HNI | 8,00,000 shares | |
| Retail | 8,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
