Comparison between Edelweiss Financial NCD April 2021 and KLM Axiva Finvest NCD.
Edelweiss Financial NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial 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 | 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 | Moderate risk of default regarding timely servicing of financial obligations. | |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital 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. Edelweiss Financial NCD April 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹200.00 Cr | ₹50.00 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 | 10 NCD | 5 NCD |
| Credit Rating | ‘Acuite AA’: (Outlook: Negative) by Acuite Ratings & Research Limited and “BWR AA-/Stable (Assigned)" by Brickwork Ratings India Private Limited | CARE BB+; Stable (Double BB plus; Outlook: Stable) |
| Tenor | ||
| Series | ||
| Payment Frequency | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD April 2021 and KLM Axiva Finvest NCD is mentioned.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 01, 2021 | Jul 05, 2021 |
| Bid/Offer Closes On | Apr 23, 2021 | Jul 26, 2021 |
In Edelweiss Financial NCD April 2021 QIBs portion includes and offered are offered to retail investors. In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 20,00,000 shares | 10,00,000 shares |
