JM Financial NCD Sep 2021 vs Kosamattam Finance NCD August 2021

Comparision between JM Financial NCD Sep 2021 and Kosamattam Finance NCD August 2021.

NCD Details

JM Financial NCD Sep 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	JM Financial Products Limited	Kosamattam Finance Limited
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)
RHP (Base)	RHP	RHP
DRHP (Shelf)
RHP (Shelf)	RHP (Shelf)
NCD Rating	The issue has been rated [ICRA]AA/Stable by ICRA and CRISIL AA/STABLE by CRISIL
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Lead Managers	Equirus Capital Private Limited Jm Financial 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. JM Financial NCD Sep 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD August 2021 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

	JM Financial Products Limited	Kosamattam Finance Limited
Issue Size (Base)	₹100.00 Cr	₹150.00 Cr
Issue Size (Shelf)	₹400.00 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	ICRA AA/Stable and CRISIL AA/Stable	'BWR BBB+' - Outlook Stable, by Brickwork Ratings
Tenor	39, 60 and 100 months	20, 24, 36, 42, 50, 72, 84 months
Series	Series I to Series IV
Payment Frequency	Annual and Monthly
Coupon Incentive

NCD Timetable

Offering period of JM Financial NCD Sep 2021 and Kosamattam Finance NCD August 2021 is mentioned.

	JM Financial Products Limited	Kosamattam Finance Limited
Bid/Offer Opens On	Sep 23, 2021	Aug 30, 2021
Bid/Offer Closes On	Oct 01, 2021	Sep 24, 2021

Shares Offered to Different Investor Category

In JM Financial NCD Sep 2021 QIBs portion includes 1,50,000 shares and 4,00,000 shares offered are offered to retail investors. In Kosamattam Finance NCD August 2021 QIBs portion includes 1,50,000 shares and 7,50,000 shares offered are offered to retail investors.

	JM Financial Products Limited	Kosamattam Finance Limited
Institutional	1,50,000 shares	1,50,000 shares
Non Institutional	1,50,000 shares	1,50,000 shares
HNI	3,00,000 shares	4,50,000 shares
Retail	4,00,000 shares	7,50,000 shares
Others
Total	10,00,000 shares	15,00,000 shares

Compare with others

JM Financial Products Limited	Kosamattam Finance Limited
Ugro Capital NCD October 2021	Muthoot Fincorp NCD September 2021
Klm Axiva Finvest Limited NCD September 2021	IIFL Finance NCD September 2021
Muthoot Fincorp NCD September 2021	Indel Money NCD Sep 2021
IIFL Finance NCD September 2021	JM Financial NCD Sep 2021
Indel Money NCD Sep 2021	Indiabulls Housing NCD September 2021
Indiabulls Housing NCD September 2021	Muthoottu Mini NCD August 2021
Kosamattam Finance NCD August 2021	Edelweiss Financial NCD August 2021
Muthoottu Mini NCD August 2021	Piramal Capital NCD July 2021
Edelweiss Financial NCD August 2021	IIFL Home Finance NCD
Piramal Capital NCD July 2021	KLM Axiva Finvest NCD

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