Comparison between Indiabulls Commercial Credit NCD January 2023 and Kosamattam Finance NCD Dec 2022.
Indiabulls Commercial Credit NCD January 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Kosamattam Finance NCD Dec 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indiabulls Commercial Credit Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| 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) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated "CRISIL AA/Stable" (pronounced as CRISIL double A rating with stable outlook) by CRISIL Ratings and "[ICRA]AA (Stable)" (pronounced as ICRA double A rating with a stable outlook) by ICRA Limited. Instruments with this rating are considered to have high degree of safety. | The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited ("India Ratings"). |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Elara Capital (India) Pvt.Ltd. Edelweiss Financial Services Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Vistra ITCL India Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Commercial Credit NCD January 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD Dec 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Commercial Credit Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹1,000.00 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 Ratings Limited and ICRA AA/ Stable by ICRA Limited. | IND A-/Stable |
| Tenor | 24, 36, and 60 Months | 18, 24, 30, 36, 39, 48, 54 and 88 Months |
| Series | Series I to VIII | Series I to VIII |
| Payment Frequency | Annual, Cumulative and Monthly | Monthly and Cumulative |
Offering period of Indiabulls Commercial Credit NCD January 2023 and Kosamattam Finance NCD Dec 2022 is mentioned.
| Indiabulls Commercial Credit Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 05, 2023 | Dec 14, 2022 |
| Bid/Offer Closes On | Jan 27, 2023 | Jan 13, 2023 |
In Indiabulls Commercial Credit NCD January 2023 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Kosamattam Finance NCD Dec 2022 QIBs portion includes 2,00,000 shares and 10,00,000 shares offered are offered to retail investors.
| Indiabulls Commercial Credit Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | 2,00,000 shares |
| Non Institutional | 1,00,000 shares | 2,00,000 shares |
| HNI | 3,00,000 shares | 6,00,000 shares |
| Retail | 3,00,000 shares | 10,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
