Comparison between Prachay Capital NCD February 2025 and SMC Global Securities NCD March 2025.
Prachay Capital NCD February 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while SMC Global Securities NCD March 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Prachay Capital Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| 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 | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL BBB-/stable by CRISIL Ratings Limited. | The NCDs proposed to be issued under this Issue have been rated 'CRISILA/Stable' (pronounced as CRISIL A rating with Stable outlook) by CRISIL Ratings Limited for an amount of up to ₹17,500 Lakhs, and rated '[ICRA] (A Stable)' (pronounced as ICRA A rating with a stable outlook) by ICRA Limited for an amount of up to ₹40,000 Lakhs. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Galactico Corporate Services Ltd. | Corporate Professionals Capital Pvt.Ltd. |
| Debenture Trustees | Catalyst Trusteeship Ltd. | IDBI Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Prachay Capital NCD February 2025 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. SMC Global Securities NCD March 2025 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Prachay Capital Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹50.00 Cr | ₹75.00 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 | BBB-/stable by CRISIL Ratings Limited. | CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited. |
| Tenor | 5 Years | 24, 36, and 60 Months |
| Series | Not Applicale | Series VII to XII |
| Payment Frequency | Monthly | Monthly, Annual and Cumulative |
Offering period of Prachay Capital NCD February 2025 and SMC Global Securities NCD March 2025 is mentioned.
| Prachay Capital Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 28, 2025 | Apr 02, 2025 |
| Bid/Offer Closes On | Mar 13, 2025 | Apr 17, 2025 |
In Prachay Capital NCD February 2025 QIBs portion includes 50,000 shares and 1,50,000 shares offered are offered to retail investors. In SMC Global Securities NCD March 2025 QIBs portion includes 75,000 shares and 3,00,000 shares offered are offered to retail investors.
| Prachay Capital Ltd. | SMC Global Securities Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | 75,000 shares |
| Non Institutional | 1,00,000 shares | 1,50,000 shares |
| HNI | 2,00,000 shares | 2,25,000 shares |
| Retail | 1,50,000 shares | 3,00,000 shares |
| Others | ||
| Total | 5,00,000 shares | 7,50,000 shares |
