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Indiabulls Housing Fin. Tranche VI NCD May 2024 vs Nido Home Finance NCD June 2024

Comparision between Indiabulls Housing Fin. Tranche VI NCD May 2024 and Nido Home Finance NCD June 2024.

NCD Details

Indiabulls Housing Fin. Tranche VI NCD May 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while Nido Home Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indiabulls Housing Finance Limited Nido Home Finance Limited
Logo Indiabulls Housing Fin. Tranche VI NCD May 2024 Logo Nido Home Finance NCD June 2024 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 this Issue have been rated "CRISIL AA/Stable" by CRISIL Ratings Limited and "[ICRA]AA (Stable)" by ICRA Limited.

The NCDs proposed to be issued under the Issue have been rated "CRISIL A+/ Watch Negative (Placed on 'Rating Watch with Negative Implications)" for an amount of Rs 5,000 million by CRISIL Ratings Limited.

Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Nuvama Wealth Management Limited

Elara Capital (India) Private Limited

Trust Investment Advisors Private Limited
Tipsons Consultancy Services Private Limited

Nuvama Wealth Management Limited
Debenture Trusties Idbi Trusteeship Services Ltd. 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. Indiabulls Housing Fin. Tranche VI NCD May 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Nido Home Finance NCD June 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

  Indiabulls Housing Finance Limited Nido Home Finance Limited
Issue Size (Base) ₹100.00 Cr ₹50.00 Cr
Issue Size (Shelf) ₹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/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited. CRISIL A+/ Watch Negative
Tenor 24, 36, 60, 84 and 120 Months 24, 36, 60 and 120 months
Series Series I to XII

Series I to X

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

NCD Timetable

Offering period of Indiabulls Housing Fin. Tranche VI NCD May 2024 and Nido Home Finance NCD June 2024 is mentioned.

  Indiabulls Housing Finance Limited Nido Home Finance Limited
Bid/Offer Opens On May 13, 2024 Jun 13, 2024
Bid/Offer Closes On May 27, 2024 Jun 27, 2024

Shares Offered to Different Investor Category

In Indiabulls Housing Fin. Tranche VI NCD May 2024 QIBs portion includes 3,00,000 shares and 3,00,000 shares offered are offered to retail investors. In Nido Home Finance NCD June 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors.

  Indiabulls Housing Finance Limited Nido Home Finance Limited
Institutional 3,00,000 shares 50,000 shares
Non Institutional 1,00,000 shares 50,000 shares
HNI 3,00,000 shares 2,00,000 shares
Retail 3,00,000 shares 2,00,000 shares
Others
Total 10,00,000 shares 5,00,000 shares

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