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Chemmanur Credits and Investments NCD July 2024 vs Indostar Capital Finance NCD September 2024

Comparision between Chemmanur Credits and Investments NCD July 2024 and Indostar Capital Finance NCD September 2024.

NCD Details

Chemmanur Credits and Investments NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Indostar Capital Finance NCD September 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Chemmanur Credits and Investments Limited Indostar Capital Finance Limited
Logo Chemmanur Credits and Investments NCD July 2024 Logo Indostar Capital Finance NCD September 2024 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 DRHP
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating
The NCDs proposed to be issued under the Issue has been rated IND BBB-/Stable by India Ratings and Research Private Limited.

The NCDs to be issued under the Issue have been rated “CARE AA-/Stable” (pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of Rs. 50,000 Lakh.

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Nuvama Wealth Management Limited
Debenture Trusties Mitcon Credentia Trusteeship Services Limited Idbi Trusteeship Services Ltd.
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. Chemmanur Credits and Investments NCD July 2024 issue size is ₹40.00 Cr at an issue price of ₹1,000.00 per NCD. Indostar Capital Finance NCD September 2024 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

  Chemmanur Credits and Investments Limited Indostar Capital Finance Limited
Issue Size (Base) ₹40.00 Cr ₹150.00 Cr
Issue Size (Shelf)
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 by India Ratings and Research Private Limited.

CARE AA-/Stable by CARE Ratings Limited.

Tenor 367 Days, 18, 24, 36, 60, and 70 Months 24, 36, and 60 Months
Series Series I to IX

Series I to V

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

NCD Timetable

Offering period of Chemmanur Credits and Investments NCD July 2024 and Indostar Capital Finance NCD September 2024 is mentioned.

  Chemmanur Credits and Investments Limited Indostar Capital Finance Limited
Bid/Offer Opens On Jul 26, 2024 Sep 06, 2024
Bid/Offer Closes On Aug 08, 2024 Sep 19, 2024

Shares Offered to Different Investor Category

In Chemmanur Credits and Investments NCD July 2024 QIBs portion includes 40,000 shares and 2,00,000 shares offered are offered to retail investors. In Indostar Capital Finance NCD September 2024 QIBs portion includes and offered are offered to retail investors.

  Chemmanur Credits and Investments Limited Indostar Capital Finance Limited
Institutional 40,000 shares
Non Institutional 1,60,000 shares
HNI
Retail 2,00,000 shares
Others
Total 4,00,000 shares

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