Comparison between IIFL Home Finance NCD December 2021 and Indiabulls Housing NCD Dec 2021.
IIFL Home Finance NCD December 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Indiabulls Housing NCD Dec 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| IIFL Home Finance 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The Secured NCDs have been rated “CRISIL AA/Stable” (stable outlook) for an amount of ₹50,000 million by CRISIL Ratings Limited and “BWR AA+/ Negative (Assigned)” (Negative outlook”) for an amount of ₹ 50,000 million by Brickwork Ratings India Private Limited. | The issue have been rated “CRISIL AA/Stable” (double A rating with stable outlook) by CRISIL Ratings Limited and, “BWR AA+ /Stable” (“BWR double A plus with stable outlook) by Brickwork Ratings India Private Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. ICICI Securities Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. Edelweiss Financial 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. IIFL Home Finance NCD December 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Housing NCD Dec 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| IIFL Home Finance Ltd. | Indiabulls 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 | 10 NCD | 10 NCD |
| Market Lot | 10 NCD | 1 NCD |
| Credit Rating | CRISIL AA/Stable and BWR AA+/ Negative | CRISIL AA/Stable by Crisil and BWR AA+/Stable by Brickwork |
| Tenor | 36, 60, 84 Months | 24, 36, and 60Months |
| Series | Series 1 to 8 | Series 1 to 8 |
| Payment Frequency | Monthly, Cumulative and Annually |
Offering period of IIFL Home Finance NCD December 2021 and Indiabulls Housing NCD Dec 2021 is mentioned.
| IIFL Home Finance Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 08, 2021 | Dec 09, 2021 |
| Bid/Offer Closes On | Dec 28, 2021 | Dec 31, 2021 |
In IIFL Home Finance NCD December 2021 QIBs portion includes 2,00,000 shares and 3,50,000 shares offered are offered to retail investors. In Indiabulls Housing NCD Dec 2021 QIBs portion includes 6,00,000 shares and 6,00,000 shares offered are offered to retail investors.
| IIFL Home Finance Ltd. | Indiabulls Housing Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 6,00,000 shares |
| Non Institutional | 1,00,000 shares | 2,00,000 shares |
| HNI | 3,50,000 shares | 6,00,000 shares |
| Retail | 3,50,000 shares | 6,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
