Comparison between ICL Fincorp Limited NCD November 2024 and KLM Axiva Finvest NCD November 2024.
ICL Fincorp Limited NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| ICL Fincorp 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | CRISIL BBB-/Stable (pronounced as CRISIL triple B minus rating with Stable outlook) for an amount of Rs. 40,00,000 thousand by CRISIL vide rating letter dated July 08, 2024, for the NCDs proposed to be issued under this Issue. | The NCDs proposed to be issued under this Issue have been rated "ACUITE BBB", by Acuité Ratings & Research Limited ("IRRPL") for an amount up to ₹ 10,000 lakhs. |
| Registrar | Cameo Corporate Services Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Mitcon Credentia Trusteeship Services 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. ICL Fincorp Limited NCD November 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD November 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.
| ICL Fincorp Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ||
| 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 | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CRISIL BBB-/Stable by CRISIL. | ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB/Stable by India Ratings & Research Private Limited. |
| Tenor | 13, 24, 36, 60 and 68 Months | 400 days, 16, 18 and 79 Months, 2 , 3 and 5 Years |
| Series | Series I to X | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of ICL Fincorp Limited NCD November 2024 and KLM Axiva Finvest NCD November 2024 is mentioned.
| ICL Fincorp Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Nov 11, 2024 | Nov 14, 2024 |
| Bid/Offer Closes On | Nov 25, 2024 | Nov 28, 2024 |
In ICL Fincorp Limited NCD November 2024 QIBs portion includes and offered are offered to retail investors. In KLM Axiva Finvest NCD November 2024 QIBs portion includes and offered are offered to retail investors.
