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Kosamattam Finance NCD Nov 2019 vs Tata Capital Housing NCD Jan 2020

Comparision between Kosamattam Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020.

NCD Details

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 Limited Tata Capital Housing Finance Ltd
Logo Kosamattam Finance NCD Nov 2019 Logo Tata Capital Housing NCD Jan 2020 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
up to 35,000 lakhs vide its letter dated September 30, 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.

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 Limited Kfin Technologies Limited
Lead Managers Karvy Investor Services Limited

Smc Capitals Limited
A.K. Capital Services Limited

Edelweiss Financial Services Ltd
Debenture Trusties
NRI Allowed No No
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. 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 Limited 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
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Finance NCD Nov 2019 and Tata Capital Housing NCD Jan 2020 is mentioned.

  Kosamattam Finance Limited 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

Shares Offered to Different Investor Category

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 Limited Tata Capital Housing Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 17,50,000 shares 50,00,000 shares

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