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Manappuram Home Finance NCD Sept 2019 vs SREI Equipment Finance NCD Dec 2018

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

NCD Details

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

  Manappuram Home Finance Limited SREI Equipment Finance Ltd
Logo Manappuram Home Finance NCD Sept 2019 Logo SREI Equipment Finance NCD Dec 2018 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Unsecured Subordinated Non-Convertible Debentures (Unsecured 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
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 Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Vivro Financial Services Private Limited Edelweiss Financial Services Ltd

Iifl Securities Ltd

Srei Capital Markets Ltd

Tipsons Consultancy Services Private Limited

Trust Investment Advisors 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. Manappuram Home Finance NCD Sept 2019 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. SREI Equipment Finance NCD Dec 2018 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.

  Manappuram Home Finance Limited SREI Equipment Finance Ltd
Issue Size (Base) ₹100.00 Cr ₹300.00 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 Manappuram Home Finance NCD Sept 2019 and SREI Equipment Finance NCD Dec 2018 is mentioned.

  Manappuram Home Finance Limited SREI Equipment Finance Ltd
Bid/Offer Opens On Sep 30, 2019 Dec 19, 2018
Bid/Offer Closes On Oct 29, 2019 Jan 18, 2019

Shares Offered to Different Investor Category

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

  Manappuram Home Finance Limited SREI Equipment Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares

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