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Kosamattam Finance NCD Mar 2022 vs Sakthi Finance NCD April 2022

Comparision between Kosamattam Finance NCD Mar 2022 and Sakthi Finance NCD April 2022.

NCD Details

Kosamattam Finance NCD Mar 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.

  Kosamattam Finance Limited Sakthi Finance Limited
Logo Kosamattam 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 BSE
Basis of Allotment First Come First Serve Basis First Come First Serve Basis
DRHP (Base) DRHP
RHP (Base) RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "IND BBB+/Stable by Indian Ratings & Research Pvt Ltd for an amount of Rs. 400 crores. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk.

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 Smc Capitals 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. Kosamattam Finance NCD Mar 2022 issue size is ₹200.00 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.

  Kosamattam Finance Limited Sakthi Finance Limited
Issue Size (Base) ₹200.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹200.00 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 IND BBB+/ Stable by India Ratings ICRA BBB (Stable)
Tenor 18, 36, 42, 48, 54, 60 and 88 months 24, 36, 48, and 60 months
Series

Series I to VIII

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

NCD Timetable

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

  Kosamattam Finance Limited Sakthi Finance Limited
Bid/Offer Opens On Mar 14, 2022 Apr 11, 2022
Bid/Offer Closes On Apr 08, 2022 May 04, 2022

Shares Offered to Different Investor Category

In Kosamattam Finance NCD Mar 2022 QIBs portion includes and 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.

  Kosamattam Finance Limited Sakthi Finance Limited
Institutional 25,000 shares
Non Institutional 75,000 shares
HNI 2,00,000 shares
Retail 2,00,000 shares
Others
Total 20,00,000 shares 5,00,000 shares

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