Comparison between IIFL Home Finance NCD Tranche I December 2024 and KLM Axiva Finvest NCD November 2024.
IIFL Home Finance NCD Tranche I December 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while KLM Axiva Finvest NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| IIFL Home 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, NSE | 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 | CRISIL Ratings Limited has rated the Secured NCDs CRISIL AA/Stable (stable outlook) for Rs 3000 crores. | 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 | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | IIFL Capital Services Ltd. Trust Investment Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Catalyst 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. IIFL Home Finance NCD Tranche I December 2024 issue size is ₹100.00 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.
| IIFL Home Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹50.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 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 | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CRISIL AA/Stable | ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB/Stable by India Ratings & Research Private Limited. |
| Tenor | 24, 36, 60 and 84 Months | 400 days, 16, 18 and 79 Months, 2 , 3 and 5 Years |
| Series | Series I to IX | Series I to X |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of IIFL Home Finance NCD Tranche I December 2024 and KLM Axiva Finvest NCD November 2024 is mentioned.
| IIFL Home Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Dec 06, 2024 | Nov 14, 2024 |
| Bid/Offer Closes On | Dec 19, 2024 | Nov 28, 2024 |
In IIFL Home Finance NCD Tranche I December 2024 QIBs portion includes 2,00,000 shares and 3,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD November 2024 QIBs portion includes and offered are offered to retail investors.
| IIFL Home Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | |
| HNI | 3,00,000 shares | |
| Retail | 3,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares |
