Comparison between Indiabulls Consumer NCD July 2019 and Shriram Transport Finance NCD July 2019.
Indiabulls Consumer NCD July 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Shriram Transport Finance NCD July 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Indiabulls Consumer Finance Ltd. | Shriram Transport Finance Co.Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Tranche III Issue have been rated CARE AA; Stable (pronounced as Double A; Outlook: Stable), for an amount of Rs 30,000 million by CARE Ratings Limited. Further, they have been rated BWR AA+ (pronounced as BWR Double A Plus) (Outlook: Stable), for an amount of Rs 30,000 million by Brickwork Ratings India Private Limited | The NCDs proposed to be issued under this Issue have been rated 'CARE AA+; Stable' by CARE Ratings Limited ("CARE") for an amount of up to Rs. 10,00,000 lacs vide its letter dated June |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Edelweiss Financial Services Ltd. Axis Bank Ltd. A.K.Capital Services Ltd. | SMC Capitals Ltd. JM Financial Ltd. A.K.Capital Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | Yes | Yes |
| Allotment Link | Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Indiabulls Consumer NCD July 2019 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Shriram Transport Finance NCD July 2019 issue size is ₹300.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indiabulls Consumer Finance Ltd. | Shriram Transport Finance Co.Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹300.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹10,000.00 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 | CARE AA/Stable, BWR AA+/Stable | CARE AA+/Stable, CRISIL AA+/Stable |
| Tenor | 400 days/ 24 months/ 36 months/ 60 months | Annual, Cumulative, and Monthly |
| Series | Series I to Series IX | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | 30 months/42 months/60 months/84 months |
Offering period of Indiabulls Consumer NCD July 2019 and Shriram Transport Finance NCD July 2019 is mentioned.
| Indiabulls Consumer Finance Ltd. | Shriram Transport Finance Co.Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 31, 2019 | Jul 17, 2019 |
| Bid/Offer Closes On | Aug 30, 2019 | Aug 16, 2019 |
In Indiabulls Consumer NCD July 2019 QIBs portion includes and offered are offered to retail investors. In Shriram Transport Finance NCD July 2019 QIBs portion includes and offered are offered to retail investors.
| Indiabulls Consumer Finance Ltd. | Shriram Transport Finance Co.Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 30,00,000 shares |
