Comparison between Edelweiss Housing Finance NCD Apr 2022 and KLM Axiva Finvest NCD February 2022.
Edelweiss Housing Finance NCD Apr 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD February 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Housing Finance 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 | |
| DRHP (Shelf) | ||
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 5,000 million by CRISIL Ratings Limited and "ACUITE AA/Negative" for an amount of Rs. 5,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook. | 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 | Equirus Capital 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. Edelweiss Housing Finance NCD Apr 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.
| Edelweiss Housing Finance 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 | CRISIL AA-/ Negative and ACUITE AA/Negative | Care BB+, Positive Outlook by Care Ratings |
| Tenor | 24, 36, 60 and 120 months | 366 & 400 days/ 18 & 80 months/ 2, 3, & 5 years |
| Series | Series I to X | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annual |
Offering period of Edelweiss Housing Finance NCD Apr 2022 and KLM Axiva Finvest NCD February 2022 is mentioned.
| Edelweiss Housing Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 06, 2022 | Feb 15, 2022 |
| Bid/Offer Closes On | Apr 26, 2022 | Mar 11, 2022 |
In Edelweiss Housing Finance NCD Apr 2022 QIBs portion includes 1,50,000 shares and 6,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2022 QIBs portion includes and offered are offered to retail investors.
| Edelweiss Housing Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 1,50,000 shares | |
| Non Institutional | 1,50,000 shares | |
| HNI | 6,00,000 shares | |
| Retail | 6,00,000 shares | |
| Others | ||
| Total | 15,00,000 shares | 10,00,000 shares |
