Comparison between ECL Finance NCD April 2019 and Kosamattam Finance NCD july 2019.
ECL Finance NCD April 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD july 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ECL Finance 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) | DRHP (Shelf) | |
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated "CARE AA; Positive" (pronounced as CARE AA with Positive outlook) for an amount of Rs 20,000 million, by CARE Ratings Limited vide their letter dated April 10, 2019 and "CRISIL AA/Stable" (pronounced as CRISIL double A rating with Stable outlook) for an amount of Rs 20,000 million, by CRISIL Limited vide their letter dated April 18, 2019. | The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Rating and Research Private Limited ("India Rating") for an amount up |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Edelweiss Financial Services Ltd. Axis Bank Ltd. | SMC Capitals Ltd. Karvy Investor Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | Yes |
| Allotment Link | Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. ECL Finance NCD April 2019 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD july 2019 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.
| ECL Finance Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹300.00 Cr | ₹150.00 Cr |
| Issue Size (Shelf) | ₹2,000.00 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 | CARE AA/Positive, CRISIL AA/Stable | IND BBB/Stable |
| Tenor | 39 Months/ 2 Years/ 5 Years/ 10 Years | 400 days/24 months/48 months/60 months/84 months |
| Series | Series I to Series IX | Series I to Series VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Cumulative and monthly. |
Offering period of ECL Finance NCD April 2019 and Kosamattam Finance NCD july 2019 is mentioned.
| ECL Finance Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 10, 2019 | Jul 16, 2019 |
| Bid/Offer Closes On | May 17, 2019 | Aug 14, 2019 |
In ECL Finance NCD April 2019 QIBs portion includes and offered are offered to retail investors. In Kosamattam Finance NCD july 2019 QIBs portion includes and offered are offered to retail investors.
| ECL Finance Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 15,00,000 shares | 15,00,000 shares |
