Edelweiss Financial NCD August 2021 vs Piramal Capital NCD July 2021

Comparision 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 Limited
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 “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)
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers	Equirus Capital Private Limited	A.K. Capital Services Limited Edelweiss Financial Services Ltd Jm Financial Limited Trust Investment Advisors Private Limited
Debenture Trusties
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. 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 Limited
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 size	10 NCD	10 NCD
Market Lot	10 NCD	10 NCD
Credit Rating	Acuite AA (Outlook: Negative), [ICRA] A+ (Negative)	CARE AA, ICRA AA with outlook (Negative)
Tenor	36, 60 and 120 Months	26, 36, 60 and 120 months
Series
Payment Frequency	Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

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

	Edelweiss Financial Services Ltd	Piramal Capital & Housing Finance Limited
Bid/Offer Opens On	Aug 17, 2021	Jul 12, 2021
Bid/Offer Closes On	Sep 06, 2021	Jul 19, 2021

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 Limited
Institutional	2,00,000 shares	2,00,000 shares
Non Institutional	2,00,000 shares	2,00,000 shares
HNI	8,00,000 shares	8,00,000 shares
Retail	8,00,000 shares	8,00,000 shares
Others
Total	20,00,000 shares	20,00,000 shares

Compare with others

Edelweiss Financial Services Ltd	Piramal Capital & Housing Finance Limited
Indel Money NCD Sep 2021	JM Financial NCD Sep 2021
JM Financial NCD Sep 2021	Indiabulls Housing NCD September 2021
Indiabulls Housing NCD September 2021	Kosamattam Finance NCD August 2021
Kosamattam Finance NCD August 2021	Muthoottu Mini NCD August 2021
Muthoottu Mini NCD August 2021	Edelweiss Financial NCD August 2021
Piramal Capital NCD July 2021	IIFL Home Finance NCD
IIFL Home Finance NCD	KLM Axiva Finvest NCD
KLM Axiva Finvest NCD	Sakthi Finance NCD June 2021
Sakthi Finance NCD June 2021	India Grid Trust NCD April 2021
India Grid Trust NCD April 2021	Muthoot Fincorp Limited NCD April 2020

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