Edelweiss Financial NCD December 2020 vs Kosamattam Fin NCD Sep 2020

Comparision between Edelweiss Financial NCD December 2020 and Kosamattam Fin NCD Sep 2020.

NCD Details

Edelweiss Financial NCD December 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Fin NCD Sep 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Edelweiss Financial Services Limited	Kosamattam Finance Ltd
Logo
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured 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	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating		The NCDs proposed to be issued under this Issue have been rated 'IND BBB' / Outlook Stable, by India Ratings and Research Private Limited ("India Ratings") for an amount up to Rs 30,000 lakhs vide its letter dated August 28, 2020. The rating of NCDs by India Ratings indicates that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Lead Managers	Equirus Capital Private Limited	Karvy Investor Services Limited Smc Capitals Limited
Debenture Trusties
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. Edelweiss Financial NCD December 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Fin NCD Sep 2020 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

	Edelweiss Financial Services Limited	Kosamattam Finance Ltd
Issue Size (Base)	₹100.00 Cr	₹150.00 Cr
Issue Size (Shelf)	₹100.00 Cr	₹150.00 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 BBB/ Stable
Tenor	36 months, 60 months, 120 months	400 days/30 Mon/39 Mon/42 Mon/50 Mon/84 Months
Series		Series I to Series VIII
Payment Frequency	Monthly, Annual and Cumulative	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial NCD December 2020 and Kosamattam Fin NCD Sep 2020 is mentioned.

	Edelweiss Financial Services Limited	Kosamattam Finance Ltd
Bid/Offer Opens On	Dec 23, 2020	Sep 16, 2020
Bid/Offer Closes On	Jan 04, 2021	Oct 08, 2020

Shares Offered to Different Investor Category

In Edelweiss Financial NCD December 2020 QIBs portion includes and offered are offered to retail investors. In Kosamattam Fin NCD Sep 2020 QIBs portion includes and offered are offered to retail investors.

	Edelweiss Financial Services Limited	Kosamattam Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total	10,00,000 shares	15,00,000 shares

Compare with others

Edelweiss Financial Services Limited	Kosamattam Finance Ltd
Muthoot Fincorp NCD February 2020	Edelweiss Financial NCD December 2020
Power Finance Corp NCD January 2021	Muthoot Finance NCD Dec 2020
Muthoottu Mini NCD January 2021	Muthoottu Mini NCD November 2020
Muthoot Fincorp NCD December 2020	Muthoot Finance NCD Oct 2020
Kosamattam Fin NCD December 2020	Muthoot Fincorp NCD Sep 2020
Muthoot Finance NCD Dec 2020	Muthoottu Mini NCD September 2020
Muthoottu Mini NCD November 2020	Muthoot Fincorp NCD June 2020
Muthoot Finance NCD Oct 2020	Muthoottu Mini NCD June 2020
Muthoot Fincorp NCD Sep 2020	KLM Axiva NCD June 2020
Kosamattam Fin NCD Sep 2020	Kosamattam Fin NCD March 2020

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