Comparison between Chemmanur Credits and Investments NCD July 2024 and Indostar Capital Finance NCD September 2024.
Chemmanur Credits and Investments NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indostar Capital Finance NCD September 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Chemmanur Credits & Investments Ltd. | Indostar Capital Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue has been rated IND BBB-/Stable by India Ratings and Research Private Limited. | The NCDs to be issued under the Issue have been rated “CARE AA-/Stable” (pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of Rs. 50,000 Lakh. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | IDBI Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Chemmanur Credits and Investments NCD July 2024 issue size is ₹40.00 Cr at an issue price of ₹1,000.00 per NCD. Indostar Capital Finance NCD September 2024 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Indostar Capital Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹40.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ||
| 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 BBB-/Stable by India Ratings and Research Private Limited. | CARE AA-/Stable by CARE Ratings Limited. |
| Tenor | 367 Days, 18, 24, 36, 60, and 70 Months | 24, 36, and 60 Months |
| Series | Series I to IX | Series I to V |
| Payment Frequency | Monthly and Cumulative | Quarterly, Annual and Cumulative |
Offering period of Chemmanur Credits and Investments NCD July 2024 and Indostar Capital Finance NCD September 2024 is mentioned.
| Chemmanur Credits & Investments Ltd. | Indostar Capital Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 26, 2024 | Sep 06, 2024 |
| Bid/Offer Closes On | Aug 08, 2024 | Sep 19, 2024 |
In Chemmanur Credits and Investments NCD July 2024 QIBs portion includes 40,000 shares and 2,00,000 shares offered are offered to retail investors. In Indostar Capital Finance NCD September 2024 QIBs portion includes and offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Indostar Capital Finance Ltd. | |
|---|---|---|
| Institutional | 40,000 shares | |
| Non Institutional | 1,60,000 shares | |
| HNI | ||
| Retail | 2,00,000 shares | |
| Others | ||
| Total | 4,00,000 shares |
