Comparison between Dhani Loans and Services NCD January 2022 and KLM Axiva Finvest NCD February 2022.
Dhani Loans and Services NCD January 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while KLM Axiva Finvest NCD February 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Dhani Loans & Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Logo | ![]() | ![]() |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | 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 | IVR AA/ Stable Outlook for an amount of ₹ 10,000 million by Infomerics Valuation and Rating Private Limited. These ratings signify a high degree of safety, regarding timely servicing of financial obligations and low credit risk. | The NCDs proposed to be issued under this Issue have been rated "CARE BB+; Positive (Double B Plus; Outlook: Positive)", by CARE Ratings Limited ("CARE Ratings") for an amount up to ₹ 200 crores. Instruments with such ratings are considered to have a moderate risk of default regarding timely servicing of financial obligations. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Trust Investment Advisors Pvt.Ltd. Edelweiss Financial Services Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Dhani Loans and Services NCD January 2022 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD February 2022 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Dhani Loans & Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹150.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹150.00 Cr | ₹100.00 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 | 5 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | IVR AA/ Stable Outlook by Infomerics Valuation and Rating Private Limited | Care BB+, Positive Outlook by Care Ratings |
| Tenor | 370 days, 24 and 36 Months | 366 & 400 days/ 18 & 80 months/ 2, 3, & 5 years |
| Series | Series I to Series VII | Series I to Series X |
| Payment Frequency | Monthly/Annual/Cumulative | Monthly and Annual |
Offering period of Dhani Loans and Services NCD January 2022 and KLM Axiva Finvest NCD February 2022 is mentioned.
| Dhani Loans & Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jan 04, 2022 | Feb 15, 2022 |
| Bid/Offer Closes On | Jan 27, 2022 | Mar 11, 2022 |
In Dhani Loans and Services NCD January 2022 QIBs portion includes 4,50,000 shares and 4,50,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2022 QIBs portion includes and offered are offered to retail investors.
| Dhani Loans & Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 4,50,000 shares | |
| Non Institutional | 1,50,000 shares | |
| HNI | 4,50,000 shares | |
| Retail | 4,50,000 shares | |
| Others | ||
| Total | 15,00,000 shares | 10,00,000 shares |