Comparison between Indel Money NCD May 2022 and Kosamattam Finance NCD July 2022.
Indel Money NCD May 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD July 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indel Money 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  | DRHP |
| RHP (Base) | RHP | |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The issue has been rated Acuite BBB+/Stable by Acuite Ratings & Research Limited. Instruments with this rating are considered to have a moderate degree of safety and moderate credit risk. | The NCDs proposed to be issued under this Issue have been rated "BWR BBB+/Positive" by Brickwork Ratings India Private Limited for an amount of Rs.35,000 lakhs. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | SMC Capitals 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. Indel Money NCD May 2022 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD July 2022 issue size is ₹175.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹175.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹175.00 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 | Acuite BBB+/Stable by Acuite Ratings & Research Limited | BWR BBB+/Positive by Brickwork Ratings India Private Limited. |
| Tenor | 366 days, 18, 24, 61 and 77 Months | 400 days, 36, 42, 48, 54, 60, 88 months |
| Series | Series I to Series VIII | Series I to VIII |
| Payment Frequency | Monthly and Cumulative | Monthly and Cumulative |
Offering period of Indel Money NCD May 2022 and Kosamattam Finance NCD July 2022 is mentioned.
| Indel Money Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | May 27, 2022 | Jul 13, 2022 |
| Bid/Offer Closes On | Jun 22, 2022 | Aug 04, 2022 |
In Indel Money NCD May 2022 QIBs portion includes and offered are offered to retail investors. In Kosamattam Finance NCD July 2022 QIBs portion includes 1,75,000 shares and 8,75,000 shares offered are offered to retail investors.
| Indel Money Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 1,75,000 shares | |
| Non Institutional | 1,75,000 shares | |
| HNI | 5,25,000 shares | |
| Retail | 8,75,000 shares | |
| Others | ||
| Total | 5,00,000 shares | 17,50,000 shares |
