Comparison between Kosamattam Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020.
Kosamattam Finance NCD Nov 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Tata Capital Housing NCD Jan 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Kosamattam Finance Ltd. | Tata Capital Housing Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| 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 'IND BBB' Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount | The NCDs proposed to be issued pursuant to this Issue have been rated "CRISIL AAA/Stable" by CRISIL for an amount of up to Rs 5,00,000 lakh and have been rated "[ICRA] AAA (stable)" by ICRA for an amount of up to Rs 5,00,000 lakh. The rating of the NCDs by ICRA indicates highest degree of safety regarding timely servicing of financial obligations. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | SMC Capitals Ltd. Karvy Investor Services Ltd. | Edelweiss Financial Services Ltd. A.K.Capital 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. Kosamattam Finance NCD Nov 2019 issue size is ₹175.00 Cr at an issue price of ₹1,000.00 per NCD. Tata Capital Housing NCD Jan 2020 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Kosamattam Finance Ltd. | Tata Capital Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹175.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹175.00 Cr | ₹5,000.00 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 | CRISIL AAA/ Stable, ICRA AAA/ stable |
| Tenor | 18 /24 /36 /48 /66 / 84 months | 36 months/ 60 months/ 96 months/ 120 months |
| Series | Series I to Series VIII | Series I to Series VI |
| Payment Frequency | Monthly/ Cumulative | Monthly and Annual |
Offering period of Kosamattam Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020 is mentioned.
| Kosamattam Finance Ltd. | Tata Capital Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 11, 2019 | Jan 07, 2020 |
| Bid/Offer Closes On | Dec 04, 2019 | Jan 08, 2020 |
In Kosamattam Finance NCD Nov 2019 QIBs portion includes and offered are offered to retail investors. In Tata Capital Housing NCD Jan 2020 QIBs portion includes and offered are offered to retail investors.
| Kosamattam Finance Ltd. | Tata Capital Housing Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 17,50,000 shares | 50,00,000 shares |
