Comparison between Indiabulls Housing Fin. Tranche VI NCD May 2024 and Motilal Oswal Financial Services NCD April 2024.
Indiabulls Housing Fin. Tranche VI NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Motilal Oswal Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Indiabulls Housing Finance Ltd. | Motilal Oswal Financial Services 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited and "[ICRA]AA (Stable)" by ICRA Limited. | The NCDs proposed to be issued have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Elara Capital (India) Pvt.Ltd. Nuvama Wealth Management Ltd. | Nuvama Wealth Management Ltd. Motilal Oswal Investment Advisors Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | IDBI Trusteeship Services Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Housing Fin. Tranche VI NCD May 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Housing Finance Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 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/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited. | CRISIL AA/Stable by CRISIL Ratings Limited |
| Tenor | 24, 36, 60, 84 and 120 Months | 24, 36, 60 and 120 months |
| Series | Series I to XII | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of Indiabulls Housing Fin. Tranche VI NCD May 2024 and Motilal Oswal Financial Services NCD April 2024 is mentioned.
| Indiabulls Housing Finance Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 13, 2024 | Apr 23, 2024 |
| Bid/Offer Closes On | May 27, 2024 | May 03, 2024 |
In Indiabulls Housing Fin. Tranche VI NCD May 2024 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Motilal Oswal Financial Services NCD April 2024 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 5,00,000 shares |
| Non Institutional | 1,00,000 shares | 0 shares |
| HNI | 3,00,000 shares | 20,00,000 shares |
| Retail | 3,00,000 shares | 20,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 50,00,000 shares |
