Comparison between Edelweiss Financial NCD December 2020 and Kosamattam Fin NCD Sep 2020.
Edelweiss Financial NCD December 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Fin NCD Sep 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services 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) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated 'IND BBB' / Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount up to Rs 30,000 lakhs vide its letter dated August 28, 2020. The rating of NCDs by India Ratings indicates that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk. | |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | 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. Edelweiss Financial NCD December 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Fin NCD Sep 2020 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹100.00 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 | IND BBB/ Stable | |
| Tenor | 36 months, 60 months, 120 months | 400 days/30 Mon/39 Mon/42 Mon/50 Mon/84 Months |
| Series | Series I to Series VIII | |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of Edelweiss Financial NCD December 2020 and Kosamattam Fin NCD Sep 2020 is mentioned.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 23, 2020 | Sep 16, 2020 |
| Bid/Offer Closes On | Jan 04, 2021 | Oct 08, 2020 |
In Edelweiss Financial NCD December 2020 QIBs portion includes and offered are offered to retail investors. In Kosamattam Fin NCD Sep 2020 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 15,00,000 shares |
