Comparison between Edelweiss Financial NCD December 2021 and Klm Axiva Finvest Limited NCD September 2021.
Edelweiss Financial NCD December 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Klm Axiva Finvest Limited NCD September 2021 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) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under the issue have been rated “CRISIL AA-/” for an amount of Rs. 10,000 million by CRISIL dated October 22, 2021 and “ACUITE AA” for an amount of Rs. 15,000 million by Acuite dated October 20, 2021. | The issue has been rated “CARE BB+; Stable” by CARE Ratings Limited. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| Registrar | Kfin Technologies 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 December 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Klm Axiva Finvest Limited NCD September 2021 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) | ₹300.00 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 | CRISIL AA-/Negative and ACUITEE AA/Negative | ‘"CARE BB+; Stable" by CARE Ratings Limited. |
| Tenor | 24, 36, 60, and 120 Months | 366 & 400 days,18 & 80 months, 2,3,and 5 years |
| Series | Series I to Series X | Series I to Series X |
| Payment Frequency | Monthly | Monthly, Cumulative and Annual |
Offering period of Edelweiss Financial NCD December 2021 and Klm Axiva Finvest Limited NCD September 2021 is mentioned.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2021 | Sep 30, 2021 |
| Bid/Offer Closes On | Dec 22, 2021 | Oct 26, 2021 |
In Edelweiss Financial NCD December 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In Klm Axiva Finvest Limited NCD September 2021 QIBs portion includes and 5,00,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | 4,00,000 shares |
| HNI | 8,00,000 shares | |
| Retail | 8,00,000 shares | 5,00,000 shares |
| Others | ||
| Total | 20,00,000 shares | 10,00,000 shares |
