Free Account Opening + AMC Free Demat
Loading...

Arka Fincap NCD Tranche I Nov 2023 vs Indiabulls Housing Fin. Tranche IV NCD Dec 2023

Comparision between Arka Fincap NCD Tranche I Nov 2023 and Indiabulls Housing Fin. Tranche IV NCD Dec 2023.

NCD Details

Arka Fincap NCD Tranche I Nov 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indiabulls Housing Fin. Tranche IV NCD Dec 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  Arka Fincap Limited Indiabulls Housing Finance Limited
Logo Arka Fincap NCD Tranche I Nov 2023 Logo Indiabulls Housing Fin. Tranche IV NCD Dec 2023 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)
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf) DRHP (Shelf)
RHP (Shelf) RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated CRISIL AA-/Positive by CRISIL Ratings Limited, with such ratings considered to have a stable outlook.

The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook.

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Jm Financial Limited

Nuvama Wealth Management Limited
Nuvama Wealth Management Limited

Elara Capital (India) Private Limited

Trust Investment Advisors Private Limited
Debenture Trusties Catalyst Trusteeship Limited Idbi Trusteeship Services Ltd.
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. Arka Fincap NCD Tranche I Nov 2023 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Housing Fin. Tranche IV NCD Dec 2023 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  Arka Fincap Limited Indiabulls Housing Finance Limited
Issue Size (Base) ₹300.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹500.00 Cr ₹2,000.00 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 “ CRISIL AA-/ Positive” by CRISIL Ratings Limited “CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited
Tenor 24, 36 and 60 Months 24, 36, 60, 84 and 120 Months
Series

Series I to VI

Series I to XII

Payment Frequency Quarterly and Annually Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Arka Fincap NCD Tranche I Nov 2023 and Indiabulls Housing Fin. Tranche IV NCD Dec 2023 is mentioned.

  Arka Fincap Limited Indiabulls Housing Finance Limited
Bid/Offer Opens On Dec 07, 2023 Dec 07, 2023
Bid/Offer Closes On Dec 20, 2023 Dec 20, 2023

Shares Offered to Different Investor Category

In Arka Fincap NCD Tranche I Nov 2023 QIBs portion includes 3,75,000 shares and 3,75,000 shares offered are offered to retail investors. In Indiabulls Housing Fin. Tranche IV NCD Dec 2023 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors.

  Arka Fincap Limited Indiabulls Housing Finance Limited
Institutional 3,75,000 shares 3,00,000 shares
Non Institutional 3,75,000 shares 1,00,000 shares
HNI 3,75,000 shares 3,00,000 shares
Retail 3,75,000 shares 3,00,000 shares
Others
Total 15,00,000 shares 10,00,000 shares

Comments

Add a public comment...