Comparison between Edelweiss Financial NCD December 2021 and Ugro Capital NCD October 2021.
Edelweiss Financial NCD December 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Ugro Capital NCD October 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Edelweiss Financial Services Ltd. | UGRO Capital 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) | RHP (Shelf) | RHP (Shelf) |
| NCD Rating | The NCDs proposed to be issued under the issue have been rated “CRISIL AA-/” for an amount of Rs. 10,000 million by CRISIL dated October 22, 2021 and “ACUITE AA” for an amount of Rs. 15,000 million by Acuite dated October 20, 2021. | The issue has been rated f “Acuite A” by Acuite Ratings and Research Limited. This rating signifies adequate degree of safety regarding timely servicing of financial obligations and carry low credit risk. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Equirus Capital Ltd. | Sundae Capital Advisors Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Edelweiss Financial NCD December 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Ugro Capital NCD October 2021 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹300.00 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 | CRISIL AA-/Negative and ACUITEE AA/Negative | “Acuite A” by Acuite Ratings and Research Limited. |
| Tenor | 24, 36, 60, and 120 Months | 9 and 27 Months |
| Series | Series I to Series X | |
| Payment Frequency | Monthly | Monthly |
Offering period of Edelweiss Financial NCD December 2021 and Ugro Capital NCD October 2021 is mentioned.
| Edelweiss Financial Services Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2021 | Nov 08, 2021 |
| Bid/Offer Closes On | Dec 22, 2021 | Nov 10, 2021 |
In Edelweiss Financial NCD December 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Ugro Capital NCD October 2021 QIBs portion includes 2,00,000 shares and 50,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | UGRO Capital Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 2,00,000 shares |
| Non Institutional | 2,00,000 shares | 2,00,000 shares |
| HNI | 8,00,000 shares | 50,000 shares |
| Retail | 8,00,000 shares | 50,000 shares |
| Others | ||
| Total | 20,00,000 shares | 5,00,000 shares |
