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 Edelweiss Financial NCD Tranche III July 2023 and Navi Finserv NCD July 2023.
Edelweiss Financial NCD Tranche III July 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Navi Finserv NCD July 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| Edelweiss Financial Services Limited | Navi Finserv Limited | |
|---|---|---|
| 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) | DRHP (Shelf) |
|
| RHP (Shelf) | RHP (Shelf) |
|
| NCD Rating | The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited. |
The NCDs proposed to be issued under the Issue have been rated as IND A/ Stable by India Ratings & CRISIL A/Stable by CRISIL Ratings Limited. The instrument with such a rating is expected to have an adequate degree of safety. |
| Registrar | Kfin Technologies Limited | Link Intime India Private Ltd |
| Lead Managers | Equirus Capital Private Limited | Jm Financial Limited |
| Debenture Trusties | Beacon Trusteeship Limited | Catalyst Trusteeship Limited |
| 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 Tranche III July 2023 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Navi Finserv NCD July 2023 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Limited | Navi Finserv Limited | |
|---|---|---|
| Issue Size (Base) | ₹300.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹1,000.00 Cr | ₹500.00 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 by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited | IND A/ Stable by India Ratings & CRISIL A/Stable by CRISIL |
| Tenor | 24, 36, 60 and 120 Months | 18, 27, and 36 months |
| Series | Series I to X |
Series I to V |
| Payment Frequency | Annual and Monthly | Monthly and Annually |
| Coupon Incentive |
Offering period of Edelweiss Financial NCD Tranche III July 2023 and Navi Finserv NCD July 2023 is mentioned.
| Edelweiss Financial Services Limited | Navi Finserv Limited | |
|---|---|---|
| Bid/Offer Opens On | Jul 04, 2023 | Jul 10, 2023 |
| Bid/Offer Closes On | Jul 17, 2023 | Jul 13, 2023 |
In Edelweiss Financial NCD Tranche III July 2023 QIBs portion includes 1,50,000 shares and 6,00,000 shares offered are offered to retail investors. In Navi Finserv NCD July 2023 QIBs portion includes 7,50,000 shares and 0 shares offered are offered to retail investors.
| Edelweiss Financial Services Limited | Navi Finserv Limited | |
|---|---|---|
| Institutional | 1,50,000 shares | 7,50,000 shares |
| Non Institutional | 1,50,000 shares | 0 shares |
| HNI | 6,00,000 shares | 0 shares |
| Retail | 6,00,000 shares | 0 shares |
| Others | ||
| Total | 15,00,000 shares | 25,00,000 shares |
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
