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Nido Home Finance NCD June 2024 vs Sakthi Finance NCD June 2024

Comparision between Nido Home Finance NCD June 2024 and Sakthi Finance NCD June 2024.

NCD Details

Nido Home Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Sakthi Finance NCD June 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Nido Home Finance Limited Sakthi Finance Limited
Logo Nido Home Finance NCD June 2024 Logo Sakthi Finance NCD June 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
RHP (Base) RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

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.

The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA).

Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Tipsons Consultancy Services Private Limited

Nuvama Wealth Management Limited
Bonanza Portfolio Limited
Debenture Trusties Beacon Trusteeship Limited Catalyst 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. Nido Home Finance NCD June 2024 issue size is ₹50.00 Cr at an issue price of ₹1,000.00 per NCD. Sakthi Finance NCD June 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  Nido Home Finance Limited Sakthi Finance Limited
Issue Size (Base) ₹50.00 Cr ₹75.00 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 CRISIL A+/ Watch Negative
[ICRA] BBB (Stable) by ICRA Limited.
Tenor 24, 36, 60 and 120 months 24, 36, 60 and 85 months
Series

Series I to X

Series I to VII

Payment Frequency Monthly and Annually Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Nido Home Finance NCD June 2024 and Sakthi Finance NCD June 2024 is mentioned.

  Nido Home Finance Limited Sakthi Finance Limited
Bid/Offer Opens On Jun 13, 2024 Jun 20, 2024
Bid/Offer Closes On Jun 27, 2024 Jul 03, 2024

Shares Offered to Different Investor Category

In Nido Home Finance NCD June 2024 QIBs portion includes 50,000 shares and 2,00,000 shares offered are offered to retail investors. In Sakthi Finance NCD June 2024 QIBs portion includes 37,500 shares and 3,00,000 shares offered are offered to retail investors.

  Nido Home Finance Limited Sakthi Finance Limited
Institutional 50,000 shares 37,500 shares
Non Institutional 50,000 shares 1,12,500 shares
HNI 2,00,000 shares 3,00,000 shares
Retail 2,00,000 shares 3,00,000 shares
Others
Total 5,00,000 shares 7,50,000 shares

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