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Navi Finserv NCD February 2024 vs Nido Home Finance NCD February 2024

Comparision between Navi Finserv NCD February 2024 and Nido Home Finance NCD February 2024.

NCD Details

Navi Finserv NCD February 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Nido Home Finance NCD February 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Navi Finserv Limited Nido Home Finance Limited
Logo Navi Finserv NCD February 2024 Logo Nido Home Finance NCD February 2024 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE, NSE BSE
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 pursuant to this Issue have been rated CRISIL A/Stable by CRISIL.
The NCDs proposed to be issued under this Issue have been rated "CRISIL A+/Stable" for an amount of ₹5,000 million by CRISIL Ratings Limited.
Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Jm Financial Limited Tipsons Consultancy Services Private Limited

Nuvama Wealth Management Limited
Debenture Trusties Catalyst Trusteeship Limited Beacon Trusteeship Limited
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. Navi Finserv NCD February 2024 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD February 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Navi Finserv Limited Nido Home Finance Limited
Issue Size (Base) ₹300.00 Cr ₹50.00 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 CRISIL A/Stable by CRISIL. CRISIL A+/Stable by CRISIL Ratings Limited.
Tenor 18, 27 and 36 months 24, 36, 60 and 120 Months
Series Series I to V Series I to X
Payment Frequency Monthly and Annually Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Navi Finserv NCD February 2024 and Nido Home Finance NCD February 2024 is mentioned.

  Navi Finserv Limited Nido Home Finance Limited
Bid/Offer Opens On Feb 26, 2024 Feb 13, 2024
Bid/Offer Closes On Mar 07, 2024 Feb 26, 2024

Shares Offered to Different Investor Category

In Navi Finserv NCD February 2024 QIBs portion includes 6,00,000 shares and 9,00,000 shares offered are offered to retail investors. In Nido Home Finance NCD February 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors.

  Navi Finserv Limited Nido Home Finance Limited
Institutional 6,00,000 shares 50,000 shares
Non Institutional 7,50,000 shares 50,000 shares
HNI 7,50,000 shares 2,00,000 shares
Retail 9,00,000 shares 2,00,000 shares
Others
Total 30,00,000 shares 5,00,000 shares

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