Comparison between Chemmanur Credits and Investments NCD Feb. 2024 and Motilal Oswal Financial Services NCD April 2024.
Chemmanur Credits and Investments NCD Feb. 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Motilal Oswal Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Chemmanur Credits & Investments Ltd. | Motilal Oswal Financial Services 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue has been rated IND BBB-/Stable by India Ratings and Research Private Limited. | The NCDs proposed to be issued have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Nuvama Wealth Management Ltd. Motilal Oswal Investment Advisors Ltd. Trust Investment Advisors Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services Ltd. | Beacon Trusteeship Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Chemmanur Credits and Investments NCD Feb. 2024 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Chemmanur Credits & Investments Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ||
| 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 by India Ratings and Research Private Limited. | CRISIL AA/Stable by CRISIL Ratings Limited |
| Tenor | 366 Days, 12, 18, 24, 36, 60, and 72 Months | 24, 36, 60 and 120 months |
| Series | Series I to VIII | Series I to VIII |
| Payment Frequency | Monthly and Cumulative | Monthly and Annually |
Offering period of Chemmanur Credits and Investments NCD Feb. 2024 and Motilal Oswal Financial Services NCD April 2024 is mentioned.
| Chemmanur Credits & Investments Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 20, 2024 | Apr 23, 2024 |
| Bid/Offer Closes On | Mar 04, 2024 | May 03, 2024 |
In Chemmanur Credits and Investments NCD Feb. 2024 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors. In Motilal Oswal Financial Services NCD April 2024 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors.
| Chemmanur Credits & Investments Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 5,00,000 shares |
| Non Institutional | 2,00,000 shares | 0 shares |
| HNI | 20,00,000 shares | |
| Retail | 2,50,000 shares | 20,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 50,00,000 shares |
