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Indiabulls Housing Finance NCD Mar 2022 vs Sakthi Finance NCD April 2022

Comparision between Indiabulls Housing Finance NCD Mar 2022 and Sakthi Finance NCD April 2022.

NCD Details

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

  Indiabulls Housing Finance Limited Sakthi Finance Limited
Logo Indiabulls Housing Finance NCD Mar 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, NSE BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base)
RHP (Base) RHP
DRHP (Shelf) DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable" by CRISIL Ratings Limited and BWR AA+/Stable by Brickwork Ratings Private Limited with such ratings are considered to have a stable 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 A.K. Capital Services Limited

Edelweiss Financial Services Ltd

Iifl Securities Ltd

Trust Investment Advisors 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. Indiabulls Housing Finance NCD Mar 2022 issue size is ₹100.00 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.

  Indiabulls Housing Finance Limited Sakthi Finance Limited
Issue Size (Base) ₹100.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹900.00 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/Stable and BWR AA+/Stable ICRA BBB (Stable)
Tenor 24, 36 and 60 months 24, 36, 48, and 60 months
Series

Series I to VIII

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

NCD Timetable

Offering period of Indiabulls Housing Finance NCD Mar 2022 and Sakthi Finance NCD April 2022 is mentioned.

  Indiabulls Housing Finance Limited Sakthi Finance Limited
Bid/Offer Opens On Mar 30, 2022 Apr 11, 2022
Bid/Offer Closes On Apr 22, 2022 May 04, 2022

Shares Offered to Different Investor Category

In Indiabulls Housing Finance NCD Mar 2022 QIBs portion includes 3,00,000 shares and 3,00,000 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.

  Indiabulls Housing Finance Limited Sakthi Finance Limited
Institutional 3,00,000 shares 25,000 shares
Non Institutional 1,00,000 shares 75,000 shares
HNI 3,00,000 shares 2,00,000 shares
Retail 3,00,000 shares 2,00,000 shares
Others
Total 10,00,000 shares 5,00,000 shares

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