Comparison between CreditAccess Grameen NCD 2022 and Indiabulls Housing Finance Tranche IV NCD Nov 2022.
CreditAccess Grameen NCD 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Indiabulls Housing Finance Tranche IV NCD Nov 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| CreditAccess Grameen 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, 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) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Tranche I Issue have been rated IND AA-/Stable for an amount of Rs. 1500 Crores by India Ratings & Research Private Limited. | 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 | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | A.K.Capital Services Ltd. | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. A.K.Capital Services Ltd. Edelweiss Financial Services Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | IDBI Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. CreditAccess Grameen NCD 2022 issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Housing Finance Tranche IV NCD Nov 2022 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| CreditAccess Grameen Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹250.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 Cr | ₹1,400.00 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 | IND AA-/Stable by India Ratings & Research Private Limited | CRISIL AA/Stable and ICRA AA |
| Tenor | 24, 36 and 60 months | 24, 36 and 60 months |
| Series | Series I to VI | Series I to VIII |
| Payment Frequency | Monthly and Cumulative | Monthly, Annual and Cumulative |
Offering period of CreditAccess Grameen NCD 2022 and Indiabulls Housing Finance Tranche IV NCD Nov 2022 is mentioned.
| CreditAccess Grameen Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 14, 2022 | Dec 01, 2022 |
| Bid/Offer Closes On | Nov 17, 2022 | Dec 22, 2022 |
In CreditAccess Grameen NCD 2022 QIBs portion includes 6,25,000 shares and 6,25,000 shares offered are offered to retail investors. In Indiabulls Housing Finance Tranche IV NCD Nov 2022 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors.
| CreditAccess Grameen Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Institutional | 6,25,000 shares | 3,00,000 shares |
| Non Institutional | 8,75,000 shares | 1,00,000 shares |
| HNI | 3,75,000 shares | 3,00,000 shares |
| Retail | 6,25,000 shares | 3,00,000 shares |
| Others | ||
| Total | 25,00,000 shares | 10,00,000 shares |
