FREE Account Opening + No Clearing Fees
Loading...

Sakthi Finance NCD April 2022 vs Ugro Capital NCD April 2022

Comparision between Sakthi Finance NCD April 2022 and Ugro Capital NCD April 2022.

NCD Details

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

  Sakthi Finance Limited Ugro Capital Limited
Logo Sakthi Finance NCD April 2022 Logo Ugro Capital NCD April 2022 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
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

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.

The NCDs proposed to be issued under the Issue have been rated ACUITE A+ for an amount of Rs. 20,000 lakhs by Acuite Ratings and Research Limited such ratings are considered to have a stable outlook.

Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Dalmia Securities Private Limited Sundae Capital Advisors

Tipsons Consultancy Services Private 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. Sakthi Finance NCD April 2022 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Ugro Capital NCD April 2022 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Sakthi Finance Limited Ugro Capital Limited
Issue Size (Base) ₹50.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹50.00 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 ICRA BBB (Stable) ACUITE A+ by Acuite Ratings and Research Limited.
Tenor 24, 36, 48, and 60 months 18, 27 and 36 Months
Series Series I to VIII

Series I to III

Payment Frequency Monthly and Cumulative Monthly and Quarterly
Coupon Incentive

NCD Timetable

Offering period of Sakthi Finance NCD April 2022 and Ugro Capital NCD April 2022 is mentioned.

  Sakthi Finance Limited Ugro Capital Limited
Bid/Offer Opens On Apr 11, 2022 Apr 07, 2022
Bid/Offer Closes On May 04, 2022 Apr 28, 2022

Shares Offered to Different Investor Category

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

  Sakthi Finance Limited Ugro Capital Limited
Institutional 25,000 shares 1,00,000 shares
Non Institutional 75,000 shares 1,00,000 shares
HNI 2,00,000 shares 1,50,000 shares
Retail 2,00,000 shares 1,50,000 shares
Others
Total 5,00,000 shares 5,00,000 shares

Comments

Add a public comment...