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ECL Finance NCD April 2019 vs Kosamattam Finance NCD july 2019

Comparision between ECL Finance NCD April 2019 and Kosamattam Finance NCD july 2019.

NCD Details

ECL Finance NCD April 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD july 2019 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  ECL Finance Limited Kosamattam Finance Ltd
Logo ECL Finance NCD April 2019 Logo Kosamattam Finance NCD july 2019 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
RHP (Base) RHP RHP
DRHP (Shelf) DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "CARE AA; Positive" (pronounced as CARE AA with Positive outlook) for an amount of Rs 20,000 million, by CARE Ratings Limited vide their letter dated April 10, 2019 and "CRISIL AA/Stable" (pronounced as CRISIL double A rating with Stable outlook) for an amount of Rs 20,000 million, by CRISIL Limited vide their letter dated April 18, 2019.

The NCDs proposed to be issued under this Issue have been rated 'IND BBB' Outlook Stable, by India Rating and Research Private Limited ("India Rating") for an amount up
to Rs 30,000 lakhs vide its letter dated June 26, 2019. The rating of NCDs by India Ratings indicates that instruments with this rating are considered to have moderate degree of
safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Axis Bank Limited

Edelweiss Financial Services Ltd
Karvy Investor Services Limited

Smc Capitals Limited
Debenture Trusties
NRI Allowed No Yes
Allotment Link Allotment Link 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. ECL Finance NCD April 2019 issue size is ₹300.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD july 2019 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

  ECL Finance Limited Kosamattam Finance Ltd
Issue Size (Base) ₹300.00 Cr ₹150.00 Cr
Issue Size (Shelf) ₹2,000.00 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 CARE AA/Positive, CRISIL AA/Stable IND BBB/Stable
Tenor 39 Months/ 2 Years/ 5 Years/ 10 Years 400 days/24 months/48 months/60 months/84 months
Series

Series I to Series IX

Series I to Series VIII

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

NCD Timetable

Offering period of ECL Finance NCD April 2019 and Kosamattam Finance NCD july 2019 is mentioned.

  ECL Finance Limited Kosamattam Finance Ltd
Bid/Offer Opens On May 10, 2019 Jul 16, 2019
Bid/Offer Closes On May 17, 2019 Aug 14, 2019

Shares Offered to Different Investor Category

In ECL Finance NCD April 2019 QIBs portion includes and offered are offered to retail investors. In Kosamattam Finance NCD july 2019 QIBs portion includes and offered are offered to retail investors.

  ECL Finance Limited Kosamattam Finance Ltd
Institutional
Non Institutional
HNI
Retail
Others
Total 15,00,000 shares 15,00,000 shares

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