Comparison between JM Financial NCD Sep 2021 and Kosamattam Finance NCD August 2021.
JM Financial NCD Sep 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| JM Financial Products Ltd. | Kosamattam 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The issue has been rated [ICRA]AA/Stable by ICRA and CRISIL AA/STABLE by CRISIL | |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | JM Financial Ltd. Equirus Capital Ltd. | SMC Capitals Ltd. Karvy Investor 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. JM Financial NCD Sep 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD August 2021 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| JM Financial Products Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹400.00 Cr | ₹150.00 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 | ICRA AA/Stable and CRISIL AA/Stable | 'BWR BBB+' - Outlook Stable, by Brickwork Ratings |
| Tenor | 39, 60 and 100 months | 20, 24, 36, 42, 50, 72, 84 months |
| Series | Series I to Series IV | |
| Payment Frequency | Annual and Monthly |
Offering period of JM Financial NCD Sep 2021 and Kosamattam Finance NCD August 2021 is mentioned.
| JM Financial Products Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 23, 2021 | Aug 30, 2021 |
| Bid/Offer Closes On | Oct 01, 2021 | Sep 24, 2021 |
In JM Financial NCD Sep 2021 QIBs portion includes 1,50,000 shares and 4,00,000 shares offered are offered to retail investors. In Kosamattam Finance NCD August 2021 QIBs portion includes 1,50,000 shares and 7,50,000 shares offered are offered to retail investors.
| JM Financial Products Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 1,50,000 shares | 1,50,000 shares |
| Non Institutional | 1,50,000 shares | 1,50,000 shares |
| HNI | 3,00,000 shares | 4,50,000 shares |
| Retail | 4,00,000 shares | 7,50,000 shares |
| Others | ||
| Total | 10,00,000 shares | 15,00,000 shares |
