Edelweiss Financial NCD August 2021 vs Piramal Capital NCD July 2021

Comparison between Edelweiss Financial NCD August 2021 and Piramal Capital NCD July 2021.

NCD Details

Edelweiss Financial NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Piramal Capital NCD July 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

 Edelweiss Financial Services Ltd.Piramal Capital & Housing Finance Ltd.
LogoEdelweiss Financial NCD August 2021 LogoPiramal Capital NCD July 2021 Logo
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing AtBSEBSE, NSE
Basis of AllotmentFirst Come First Serve BasisFirst 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 “Acuite AA (Outlook: Negative)” by Acuite Ratings and Research Limited and “[ICRA]A+ (Negative)” by ICRA Limited.

  • CARE AA (Under Credit Watch with Developing Implications)
  • ICRA AA with outlook (Negative)
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersEquirus Capital Ltd.Trust Investment Advisors Pvt.Ltd.

JM Financial Ltd.

Edelweiss Financial Services Ltd.

A.K.Capital Services Ltd.
Debenture Trustees
NRI AllowedNoNo
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. Edelweiss Financial NCD August 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Piramal Capital NCD July 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

 Edelweiss Financial Services Ltd.Piramal Capital & Housing Finance Ltd.
Issue Size (Base)₹200.00 Cr₹200.00 Cr
Issue Size (Shelf)₹200.00 Cr₹800.00 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 size10 NCD10 NCD
Market Lot10 NCD10 NCD
Credit RatingAcuite AA (Outlook: Negative), [ICRA] A+ (Negative)CARE AA, ICRA AA with outlook (Negative)
Tenor36, 60 and 120 Months26, 36, 60 and 120 months
Series
Payment FrequencyMonthly, Annual and Cumulative

NCD Timetable

Offering period of Edelweiss Financial NCD August 2021 and Piramal Capital NCD July 2021 is mentioned.

Shares Offered to Different Investor Category

In Edelweiss Financial NCD August 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Piramal Capital NCD July 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors.

 Edelweiss Financial Services Ltd.Piramal Capital & Housing Finance Ltd.
Institutional2,00,000 shares2,00,000 shares
Non Institutional2,00,000 shares2,00,000 shares
HNI8,00,000 shares8,00,000 shares
Retail8,00,000 shares8,00,000 shares
Others
Total20,00,000 shares20,00,000 shares

Compare with others

Compare:

Edelweiss Financial NCD August 2021 and Piramal Capital NCD July 2021