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Nido Home Finance NCD February 2024 vs Sakthi Finance NCD February 2024

Comparision between Nido Home Finance NCD February 2024 and Sakthi Finance NCD February 2024.

NCD Details

Nido Home Finance NCD February 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD February 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Nido Home Finance Limited Sakthi Finance Limited
Logo Nido Home Finance NCD February 2024 Logo Sakthi Finance NCD February 2024 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 DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating
The NCDs proposed to be issued under this Issue have been rated "CRISIL A+/Stable" for an amount of ₹5,000 million by CRISIL Ratings Limited.

The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA).

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Tipsons Consultancy Services Private Limited

Nuvama Wealth Management Limited
Bonanza Portfolio Limited
Debenture Trusties Beacon Trusteeship Limited Catalyst Trusteeship Limited
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. Nido Home Finance NCD February 2024 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD February 2024 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Nido Home Finance Limited Sakthi Finance Limited
Issue Size (Base) ₹50.00 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 size 10 NCD 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating CRISIL A+/Stable by CRISIL Ratings Limited. [ICRA] BBB (Stable) by ICRA Limited (ICRA).
Tenor 24, 36, 60 and 120 Months 24, 36, 60 and 85 Months
Series Series I to X Series I to VII
Payment Frequency Monthly, Annual and Cumulative Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Nido Home Finance NCD February 2024 and Sakthi Finance NCD February 2024 is mentioned.

  Nido Home Finance Limited Sakthi Finance Limited
Bid/Offer Opens On Feb 13, 2024 Feb 08, 2024
Bid/Offer Closes On Feb 26, 2024 Feb 21, 2024

Shares Offered to Different Investor Category

In Nido Home Finance NCD February 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD February 2024 QIBs portion includes 50,000 shares and 4,00,000 shares offered are offered to retail investors.

  Nido Home Finance Limited Sakthi Finance Limited
Institutional 50,000 shares 50,000 shares
Non Institutional 50,000 shares 1,50,000 shares
HNI 2,00,000 shares 4,00,000 shares
Retail 2,00,000 shares 4,00,000 shares
Others
Total 5,00,000 shares 10,00,000 shares

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