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Aadhar Housing Finance NCD vs Manappuram Home Finance NCD Sept 2019

Comparision between Aadhar Housing Finance NCD and Manappuram Home Finance NCD Sept 2019.

NCD Details

Aadhar Housing Finance NCD is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Manappuram Home Finance NCD Sept 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Aadhar Housing Finance Ltd Manappuram Home Finance Limited
Logo Aadhar Housing Finance NCD Logo Manappuram Home Finance NCD Sept 2019 Logo
Security Type Unsecured Subordinated Non-Convertible Debentures (Unsecured 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
RHP (Base) RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "CARE AA-; Stable" (AA minus; Outlook Stable) by CARE Ratings Limited ("CARE Ratings") for an amount up to Rs 20,000 lakhs, vide its letter dated August 26, 2019 and revalidated letter dated September 16, 2019 and the Rating Rationale letter dated August 28, 2019. The rating of NCDs by CARE Ratings indicates that instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers A.K. Capital Services Limited

Axis Bank Limited

Edelweiss Financial Services Ltd

Trust Investment Advisors Private Limited

Yes Bank Limited

Yes Securities (India) Limited
Vivro Financial Services Private Limited
Debenture Trusties
NRI Allowed No No
Allotment Link 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. Aadhar Housing Finance NCD issue size is ₹3,000.00 Cr at an issue price of . Manappuram Home Finance NCD Sept 2019 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

  Aadhar Housing Finance Ltd Manappuram Home Finance Limited
Issue Size (Base) ₹3,000.00 Cr ₹100.00 Cr
Issue Size (Shelf) ₹100.00 Cr
Issue Price ₹1,000.00 per NCD
Face Value ₹1,000.00 per NCD ₹1,000.00 per NCD
Minimum Lot size 1 NCD 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating CARE AA-/Stable
Tenor 36 months/ 60 months/ 2500 days
Series

Series 1 to Series 7

Payment Frequency Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Aadhar Housing Finance NCD and Manappuram Home Finance NCD Sept 2019 is mentioned.

  Aadhar Housing Finance Ltd Manappuram Home Finance Limited
Bid/Offer Opens On Sep 14, 2018 Sep 30, 2019
Bid/Offer Closes On Sep 28, 2018 Oct 29, 2019

Shares Offered to Different Investor Category

In Aadhar Housing Finance NCD QIBs portion includes and offered are offered to retail investors. In Manappuram Home Finance NCD Sept 2019 QIBs portion includes and offered are offered to retail investors.

  Aadhar Housing Finance Ltd Manappuram Home Finance Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares

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