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JM Finacial NCD April 2019 vs Kosamattam Finance NCD july 2019

Comparision between JM Finacial NCD April 2019 and Kosamattam Finance NCD july 2019.

NCD Details

JM Finacial 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.

  JM Financial Products Limited Kosamattam Finance Ltd
Logo JM Finacial NCD April 2019 Logo Kosamattam Finance NCD july 2019 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 [ICRA]AA by ICRA for an amount of upto Rs 2,000 crores vide its letters dated January 09, 2019 and have been rated "CRISIL AA/STABLE" by CRISIL for an amount upto Rs 2,000 crores vide its letter dated January 03, 2019. The rating of the NCDs by ICRA and CRISIL indicates high degree of safety regarding timely servicing of financial obligations.

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
to Rs 30,000 lakhs vide its letter dated June 26, 2019. 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 Kfin Technologies Limited Kfin Technologies Limited
Lead Managers A.K. Capital Services Limited

Jm Financial Limited

Trust Investment Advisors Private Limited
Karvy Investor Services Limited

Smc Capitals Limited
Debenture Trusties
NRI Allowed No Yes
Allotment Link Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. JM Finacial NCD April 2019 issue size is ₹1,000.00 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.

  JM Financial Products Limited Kosamattam Finance Ltd
Issue Size (Base) ₹1,000.00 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 ICRA AA/Stable, CRISIL AA/Stable IND BBB/Stable
Tenor 24 months/ 36 months/ 60 months 400 days/24 months/48 months/60 months/84 months
Series

Series 1 to Series 6

Series I to Series VIII

Payment Frequency Monthly/ Annual/ Cumulative Cumulative and monthly.
Coupon Incentive

NCD Timetable

Offering period of JM Finacial NCD April 2019 and Kosamattam Finance NCD july 2019 is mentioned.

  JM Financial Products Limited Kosamattam Finance Ltd
Bid/Offer Opens On Apr 22, 2019 Jul 16, 2019
Bid/Offer Closes On May 15, 2019 Aug 14, 2019

Shares Offered to Different Investor Category

In JM Finacial 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.

  JM Financial Products Limited Kosamattam Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 20,00,000 shares 15,00,000 shares

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