Sakthi Finance NCD August 2025 vs Surat Municipal Corporation NCD October 2025

Comparison between Sakthi Finance NCD August 2025 and Surat Municipal Corporation NCD October 2025.

NCD Details

Sakthi Finance NCD August 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Surat Municipal Corporation NCD October 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at NSE, BSE.

 Sakthi Finance Ltd.Surat Municipal Corporation
LogoSakthi Finance NCD August 2025 LogoSurat Municipal Corporation NCD October 2025 Logo
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing AtBSENSE, BSE
Basis of AllotmentFirst Come First Serve BasisFirst Come First Serve Basis
DRHP (Base)DRHP
RHP (Base)RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersBonanza Portfolio Ltd.A.K.Capital Services Ltd.
Debenture TrusteesCatalyst Trusteeship Ltd.SBICAP Trustee Co.Ltd.
NRI AllowedNoNo
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 August 2025 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Surat Municipal Corporation NCD October 2025 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

 Sakthi Finance Ltd.Surat Municipal Corporation
Issue Size (Base)₹75.00 Cr₹100.00 Cr
Issue Size (Shelf)
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 size10 NCD10 NCD
Market Lot1 NCD1 NCD
Credit Rating

ICRA Limited : BBB

India Ratings & Research Private Limited : IND AA+/Stable

Crisil Ratings Limited : CRISIL AA+ Stable

Tenor
Series
Payment Frequency

NCD Timetable

Offering period of Sakthi Finance NCD August 2025 and Surat Municipal Corporation NCD October 2025 is mentioned.

Shares Offered to Different Investor Category

In Sakthi Finance NCD August 2025 QIBs portion includes 37,500 shares and 3,00,000 shares offered are offered to retail investors. In Surat Municipal Corporation NCD October 2025 QIBs portion includes and offered are offered to retail investors.

 Sakthi Finance Ltd.Surat Municipal Corporation
Institutional37,500 shares
Non Institutional1,12,500 shares
HNI3,00,000 shares
Retail3,00,000 shares
Others
Total7,50,000 shares

Compare with others

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Sakthi Finance NCD August 2025 and Surat Municipal Corporation NCD October 2025