Edelweiss Financial NCD April 2021 vs Power Finance Corp NCD January 2021

Comparision between Edelweiss Financial NCD April 2021 and Power Finance Corp NCD January 2021.

NCD Details

Edelweiss Financial NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Power Finance Corp NCD January 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Edelweiss Financial Services Limited	Power Finance Corporation 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)
NCD Rating
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Lead Managers	Equirus Capital Private Limited	A.K. Capital Services Limited Edelweiss Financial Services Ltd Jm Financial Limited Trust Investment Advisors Private 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. Edelweiss Financial NCD April 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Power Finance Corp NCD January 2021 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.

	Edelweiss Financial Services Limited	Power Finance Corporation Limited
Issue Size (Base)	₹200.00 Cr	₹500.00 Cr
Issue Size (Shelf)	₹200.00 Cr	₹4,500.00 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	10 NCD	1 NCD
Credit Rating	‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited	‘CARE AAA; Stable’ by CARE; ‘CRISIL AAA / Stable’ by CRISIL; and ‘[ICRA]AAA(Stable)’ by ICRA.
Tenor		3. 5, 10 and 15 years
Series
Payment Frequency	Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial NCD April 2021 and Power Finance Corp NCD January 2021 is mentioned.

	Edelweiss Financial Services Limited	Power Finance Corporation Limited
Bid/Offer Opens On	Apr 01, 2021	Jan 15, 2021
Bid/Offer Closes On	Apr 23, 2021	Jan 18, 2021

Shares Offered to Different Investor Category

In Edelweiss Financial NCD April 2021 QIBs portion includes and offered are offered to retail investors. In Power Finance Corp NCD January 2021 QIBs portion includes and offered are offered to retail investors.

	Edelweiss Financial Services Limited	Power Finance Corporation Limited
Institutional
Non Institutional
HNI
Retail
Others
Total	20,00,000 shares	50,00,000 shares

Compare with others

Edelweiss Financial Services Limited	Power Finance Corporation Limited
KLM Axiva Finvest NCD	Edelweiss Financial NCD April 2021
Sakthi Finance NCD June 2021	Kosamattam Finance NCD March 2021
India Grid Trust NCD April 2021	Muthoottu Mini NCD March 2021
Muthoot Fincorp Limited NCD April 2020	IIFL Finance NCD
Muthoot Finance Limited Tranche III NCD	Muthoot Fincorp NCD February 2020
Kosamattam Finance NCD March 2021	Muthoottu Mini NCD January 2021
Muthoottu Mini NCD March 2021	Muthoot Fincorp NCD December 2020
IIFL Finance NCD	Kosamattam Fin NCD December 2020
Muthoot Fincorp NCD February 2020	Edelweiss Financial NCD December 2020
Power Finance Corp NCD January 2021	Muthoot Finance NCD Dec 2020

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