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Indiabulls Housing NCD Dec 2021 vs Kosamattam Finance NCD Mar 2022

Comparision between Indiabulls Housing NCD Dec 2021 and Kosamattam Finance NCD Mar 2022.

NCD Details

Indiabulls Housing NCD Dec 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Kosamattam Finance NCD Mar 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indiabulls Housing Finance Limited Kosamattam Finance Limited
Logo Indiabulls Housing NCD Dec 2021 Logo Kosamattam Finance NCD Mar 2022 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE, NSE BSE
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 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.

The NCDs proposed to be issued under this Issue have been rated "IND BBB+/Stable by Indian Ratings & Research Pvt Ltd for an amount of Rs. 400 crores. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk.

Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Edelweiss Financial Services Ltd

Iifl Securities Ltd

Trust Investment Advisors Private Limited
Smc Capitals Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Housing NCD Dec 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD Mar 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indiabulls Housing Finance Limited Kosamattam Finance Limited
Issue Size (Base) ₹200.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹800.00 Cr ₹200.00 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 and BWR AA+/Stable by Brickwork IND BBB+/ Stable by India Ratings
Tenor 24, 36, and 60Months 18, 36, 42, 48, 54, 60 and 88 months
Series Series 1 to 8

Series I to VIII

Payment Frequency Monthly, Cumulative and Annually Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indiabulls Housing NCD Dec 2021 and Kosamattam Finance NCD Mar 2022 is mentioned.

  Indiabulls Housing Finance Limited Kosamattam Finance Limited
Bid/Offer Opens On Dec 09, 2021 Mar 14, 2022
Bid/Offer Closes On Dec 31, 2021 Apr 08, 2022

Shares Offered to Different Investor Category

In Indiabulls Housing NCD Dec 2021 QIBs portion includes 6,00,000 shares and 6,00,000 shares offered are offered to retail investors. In Kosamattam Finance NCD Mar 2022 QIBs portion includes and offered are offered to retail investors.

  Indiabulls Housing Finance Limited Kosamattam Finance Limited
Institutional 6,00,000 shares
Non Institutional 2,00,000 shares
HNI 6,00,000 shares
Retail 6,00,000 shares
Others
Total 20,00,000 shares 20,00,000 shares

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