Comparison between Motilal Oswal Financial Services NCD April 2024 and Nido Home Finance NCD June 2024.
Motilal Oswal Financial Services NCD April 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Nido Home Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Motilal Oswal Financial Services Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| 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  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited | The NCDs proposed to be issued under the Issue have been rated "CRISIL A+/ Watch Negative (Placed on 'Rating Watch with Negative Implications)" for an amount of Rs 5,000 million by CRISIL Ratings Limited. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Motilal Oswal Investment Advisors Ltd. Trust Investment Advisors Pvt.Ltd. | Nuvama Wealth Management Ltd. Tipsons Consultancy Services Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Motilal Oswal Financial Services NCD April 2024 issue size is ₹500.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD June 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Motilal Oswal Financial Services Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹500.00 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 AA/Stable by CRISIL Ratings Limited | CRISIL A+/ Watch Negative |
| Tenor | 24, 36, 60 and 120 months | 24, 36, 60 and 120 months |
| Series | Series I to VIII | Series I to X |
| Payment Frequency | Monthly and Annually | Monthly and Annually |
Offering period of Motilal Oswal Financial Services NCD April 2024 and Nido Home Finance NCD June 2024 is mentioned.
| Motilal Oswal Financial Services Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 23, 2024 | Jun 13, 2024 |
| Bid/Offer Closes On | May 03, 2024 | Jun 27, 2024 |
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. In Nido Home Finance NCD June 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors.
| Motilal Oswal Financial Services Ltd. | Nido Home Finance Ltd. | |
|---|---|---|
| Institutional | 5,00,000 shares | 50,000 shares |
| Non Institutional | 0 shares | 50,000 shares |
| HNI | 20,00,000 shares | 2,00,000 shares |
| Retail | 20,00,000 shares | 2,00,000 shares |
| Others | ||
| Total | 50,00,000 shares | 5,00,000 shares |
