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Kosamattam Finance NCD Dec 2018 vs Manappuram Home Finance NCD Sept 2019

Comparision between Kosamattam Finance NCD Dec 2018 and Manappuram Home Finance NCD Sept 2019.

NCD Details

Kosamattam Finance NCD Dec 2018 is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Manappuram Home Finance NCD Sept 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Kosamattam Finance Limited Manappuram Home Finance Limited
Logo Kosamattam Finance NCD Dec 2018 Logo Manappuram Home Finance NCD Sept 2019 Logo
Security Type Unsecured Subordinated Non-Convertible Debentures (Unsecured 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
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "CARE AA-; Stable" (AA minus; Outlook Stable) by CARE Ratings Limited ("CARE Ratings") for an amount up to Rs 20,000 lakhs, vide its letter dated August 26, 2019 and revalidated letter dated September 16, 2019 and the Rating Rationale letter dated August 28, 2019. The rating of NCDs by CARE Ratings indicates that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Vivro Financial Services Private Limited
Debenture Trusties
NRI Allowed No No
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. Kosamattam Finance NCD Dec 2018 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Manappuram Home Finance NCD Sept 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Kosamattam Finance Limited Manappuram Home Finance Limited
Issue Size (Base) ₹300.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹100.00 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-/Stable
Tenor 36 months/ 60 months/ 2500 days
Series

Series 1 to Series 7

Payment Frequency Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Kosamattam Finance NCD Dec 2018 and Manappuram Home Finance NCD Sept 2019 is mentioned.

  Kosamattam Finance Limited Manappuram Home Finance Limited
Bid/Offer Opens On Dec 27, 2018 Sep 30, 2019
Bid/Offer Closes On Jan 25, 2019 Oct 29, 2019

Shares Offered to Different Investor Category

In Kosamattam Finance NCD Dec 2018 QIBs portion includes and offered are offered to retail investors. In Manappuram Home Finance NCD Sept 2019 QIBs portion includes and offered are offered to retail investors.

  Kosamattam Finance Limited Manappuram Home Finance Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares

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