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Edelweiss Housing Finance NCD Apr 2022 vs Sakthi Finance NCD April 2022

Comparision between Edelweiss Housing Finance NCD Apr 2022 and Sakthi Finance NCD April 2022.

NCD Details

Edelweiss Housing Finance NCD Apr 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD April 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Edelweiss Housing Finance Limited Sakthi Finance Limited
Logo Edelweiss Housing Finance NCD Apr 2022 Logo Sakthi Finance NCD April 2022 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base)
RHP (Base)
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 5,000 million by CRISIL Ratings Limited and "ACUITE AA/Negative" for an amount of Rs. 5,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.

The NCD worth Rs. 100 Cr has been rated as BBB with a stable outlook by ICRA Credit Rating Agency. Instrument with such rating are expected to have a moderate degree of safety regarding timely servicing of debt financial obligations.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Edelweiss Financial Services Ltd

Equirus Capital Private Limited
Dalmia Securities 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 Housing Finance NCD Apr 2022 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD April 2022 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Housing Finance Limited Sakthi Finance Limited
Issue Size (Base) ₹150.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹150.00 Cr ₹50.00 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 ICRA BBB (Stable)
Tenor 24, 36, 60 and 120 months 24, 36, 48, and 60 months
Series

Series I to X

Series I to VIII
Payment Frequency Monthly, Annual and Cumulative Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Housing Finance NCD Apr 2022 and Sakthi Finance NCD April 2022 is mentioned.

  Edelweiss Housing Finance Limited Sakthi Finance Limited
Bid/Offer Opens On Apr 06, 2022 Apr 11, 2022
Bid/Offer Closes On Apr 26, 2022 May 04, 2022

Shares Offered to Different Investor Category

In Edelweiss Housing Finance NCD Apr 2022 QIBs portion includes 1,50,000 shares and 6,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD April 2022 QIBs portion includes 25,000 shares and 2,00,000 shares offered are offered to retail investors.

  Edelweiss Housing Finance Limited Sakthi Finance Limited
Institutional 1,50,000 shares 25,000 shares
Non Institutional 1,50,000 shares 75,000 shares
HNI 6,00,000 shares 2,00,000 shares
Retail 6,00,000 shares 2,00,000 shares
Others
Total 15,00,000 shares 5,00,000 shares

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