Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Comparision between CreditAccess Grameen Tranche II NCD 2023 and Power Finance Corporation NCD July 2023.
CreditAccess Grameen Tranche II NCD 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Power Finance Corporation NCD July 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| CreditAccess Grameen Limited | Power Finance Corporation Limited | |
|---|---|---|
| Logo |  |
 |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing at | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | ||
| RHP (Base) | RHP  |
RHP |
| DRHP (Shelf) | DRHP (Shelf) |
|
| RHP (Shelf) | RHP (Shelf) |
|
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated IND AA-/Stable for an amount of Rs 1500 Crores by India Ratings & Research Private Limited. |
The NCDs proposed to be issued under the issue have been rated "CARE AAA, Stable" by CARE Ratings Limited, "CRISIL AAA/Stable" by CRISIL Limited, and "ICRA AAA, Stable" by ICRA Limited. |
| Registrar | Kfin Technologies Limited | Kfin Technologies Limited |
| Lead Managers | A.K. Capital Services Limited | Jm Financial Limited A.K. Capital Services Limited Smc Capitals Limited Trust Investment Advisors Private Limited Nuvama Wealth Management Limited |
| Debenture Trusties | Catalyst Trusteeship Limited | Beacon Trusteeship Limited |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. CreditAccess Grameen Tranche II NCD 2023 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Power Finance Corporation NCD July 2023 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| CreditAccess Grameen Limited | Power Finance Corporation Limited | |
|---|---|---|
| Issue Size (Base) | ₹1,000.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹1,500.00 Cr | ₹5,000.00 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 | IND AA-/Stable | CARE AAA, Stable by CARE Ratings Limited, CRISIL AAA/Stable by CRISIL Limited and ICRA AAA, Stable by ICRA Limited |
| Tenor | 24, 33 and 60 months | 3, 10, and 15 years |
| Series | Series I to VIII |
Series I to III |
| Payment Frequency | Monthly and Cumulative | Annually |
| Coupon Incentive |
Offering period of CreditAccess Grameen Tranche II NCD 2023 and Power Finance Corporation NCD July 2023 is mentioned.
| CreditAccess Grameen Limited | Power Finance Corporation Limited | |
|---|---|---|
| Bid/Offer Opens On | Aug 24, 2023 | Jul 21, 2023 |
| Bid/Offer Closes On | Sep 01, 2023 | Jul 26, 2023 |
In CreditAccess Grameen Tranche II NCD 2023 QIBs portion includes 10,00,000 shares and 10,00,000 shares offered are offered to retail investors. In Power Finance Corporation NCD July 2023 QIBs portion includes 5,00,000 shares and 20,00,000 shares offered are offered to retail investors.
| CreditAccess Grameen Limited | Power Finance Corporation Limited | |
|---|---|---|
| Institutional | 10,00,000 shares | 5,00,000 shares |
| Non Institutional | 12,00,000 shares | 5,00,000 shares |
| HNI | 8,00,000 shares | 20,00,000 shares |
| Retail | 10,00,000 shares | 20,00,000 shares |
| Others | ||
| Total | 40,00,000 shares | 50,00,000 shares |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
