Comparison between Edelweiss Financial NCD Tranche II Sep 2022 and National Highways Infra Trust NCD Oct 2022.
Edelweiss Financial NCD Tranche II Sep 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while National Highways Infra Trust NCD Oct 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Edelweiss Financial Services Ltd. | National Highways Infra Trust | |
|---|---|---|
| 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) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited. | The NCDs proposed to be issued under this Issue have been rated PROVISIONAL CARE AAA; Stable' by CARE Ratings Limited for an amount of up to Rs 15,000 million by way of their letter dated August 25, 2022 and further revalidated on September 23, 2022 and rated as 'PROVISIONAL IND AAA/Stable' by India Ratings and Research Private Limited for an amount of up to Rs 15,000 million. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | Trust Investment Advisors Pvt.Ltd. SBI Capital Markets Ltd. ICICI Securities Ltd. A.K.Capital Services Ltd. JM Financial 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. Edelweiss Financial NCD Tranche II Sep 2022 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. National Highways Infra Trust NCD Oct 2022 issue size is ₹750.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | National Highways Infra Trust | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹750.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹750.00 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 | CRISIL AA-/ Negative and ACUITE AA-/Negative | PROVISIONAL CARE AAA;Stable by CARE Ratings and PROVISIONAL IND AAA/Stable’ by India Ratings and Research Private Ltd |
| Tenor | 24, 36, 60, and 120 Months | 13 years, 18 years and 25 years |
| Series | Series I to Series X | Series I to III |
| Payment Frequency | Monthly, Annual and Cumulative | Semi-Annual |
Offering period of Edelweiss Financial NCD Tranche II Sep 2022 and National Highways Infra Trust NCD Oct 2022 is mentioned.
| Edelweiss Financial Services Ltd. | National Highways Infra Trust | |
|---|---|---|
| Bid/Offer Opens On | Oct 03, 2022 | Oct 17, 2022 |
| Bid/Offer Closes On | Oct 17, 2022 | Oct 18, 2022 |
In Edelweiss Financial NCD Tranche II Sep 2022 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In National Highways Infra Trust NCD Oct 2022 QIBs portion includes 18,75,000 shares and 18,75,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | National Highways Infra Trust | |
|---|---|---|
| Institutional | 2,00,000 shares | 18,75,000 shares |
| Non Institutional | 2,00,000 shares | 18,75,000 shares |
| HNI | 8,00,000 shares | 18,75,000 shares |
| Retail | 8,00,000 shares | 18,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 75,00,000 shares |
