Free Account Opening + AMC Free Demat
Loading...

IIFL Finance NCD January 2023 vs Indiabulls Commercial Credit NCD January 2023

Comparision between IIFL Finance NCD January 2023 and Indiabulls Commercial Credit NCD January 2023.

NCD Details

IIFL Finance NCD January 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Indiabulls Commercial Credit NCD January 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.

  IIFL Finance Limited Indiabulls Commercial Credit Limited
Logo IIFL Finance NCD January 2023 Logo Indiabulls Commercial Credit NCD January 2023 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at BSE, NSE 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/Stable by CRISIL Ratings Limited and ICRA AA (stable) by ICRA Limited. Such ratings indicated that the instruments are considered to have a high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

The NCDs proposed to be issued under this Issue have been rated "CRISIL AA/Stable" (pronounced as CRISIL double A rating with stable outlook) by CRISIL Ratings and "[ICRA]AA (Stable)" (pronounced as ICRA double A rating with a stable outlook) by ICRA Limited. Instruments with this rating are considered to have high degree of safety.

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

Iifl Securities Ltd

Equirus Capital Private Limited

Trust Investment Advisors Private Limited
Edelweiss Financial Services Ltd

Elara Capital (India) Private Limited

Trust Investment Advisors Private Limited
Debenture Trusties Vardhman Trusteeship Private Limited Beacon Trusteeship Limited
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. IIFL Finance NCD January 2023 issue size is ₹1,000.00 Cr at an issue price of ₹1,000.00 per NCD. Indiabulls Commercial Credit NCD January 2023 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  IIFL Finance Limited Indiabulls Commercial Credit Limited
Issue Size (Base) ₹1,000.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹5,000.00 Cr ₹1,000.00 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/Stable by CRISIL Limited and ICRA AA (stable) by ICRA Limited. CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA/ Stable by ICRA Limited.
Tenor 24, 36, and 60 Months 24, 36, and 60 Months
Series

Series I to VII

Series I to VIII

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

NCD Timetable

Offering period of IIFL Finance NCD January 2023 and Indiabulls Commercial Credit NCD January 2023 is mentioned.

  IIFL Finance Limited Indiabulls Commercial Credit Limited
Bid/Offer Opens On Jan 06, 2023 Jan 05, 2023
Bid/Offer Closes On Jan 18, 2023 Jan 27, 2023

Shares Offered to Different Investor Category

In IIFL Finance NCD January 2023 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In Indiabulls Commercial Credit NCD January 2023 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors.

  IIFL Finance Limited Indiabulls Commercial Credit Limited
Institutional 1,00,000 shares 3,00,000 shares
Non Institutional 1,00,000 shares 1,00,000 shares
HNI 4,00,000 shares 3,00,000 shares
Retail 4,00,000 shares 3,00,000 shares
Others
Total 10,00,000 shares 10,00,000 shares

Comments

Add a public comment...