Comparison between Edelweiss Financial NCD Tranche II April 2023 and KLM Axiva Finvest NCD February 2023.
Edelweiss Financial NCD Tranche II April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD February 2023 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) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited. | The NCDs proposed to be issued under this Issue have been rated "IND BBB-/Stable", by India Ratings & Research Private Limited ("India Ratings") for an amount up to ₹ 25,000 lakhs. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Equirus Capital Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship Ltd. | Vistra ITCL India Ltd. |
| 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 Tranche II April 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD February 2023 issue size is ₹125.00 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 | ₹125.00 Cr |
| Issue Size (Shelf) | ₹400.00 Cr | ₹125.00 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 by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited | IND BBB-/Stable by India Ratings & Research Private Limited |
| Tenor | 24, 36, 60 and 120 Months | 400 days, 16, 82, 18 months, 2, 3, 5 years |
| Series | Series I to X | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial NCD Tranche II April 2023 and KLM Axiva Finvest NCD February 2023 is mentioned.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 06, 2023 | Feb 20, 2023 |
| Bid/Offer Closes On | Apr 21, 2023 | Mar 03, 2023 |
In Edelweiss Financial NCD Tranche II April 2023 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2023 QIBs portion includes and 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 | |
| HNI | 8,00,000 shares | |
| Retail | 8,00,000 shares | |
| Others | ||
| Total | 20,00,000 shares |
