Comparison between Indiabulls Housing Finance Tranche V NCD Mar 2023 and KLM Axiva Finvest NCD February 2023.
Indiabulls Housing Finance Tranche V NCD Mar 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while KLM Axiva Finvest NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indiabulls 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, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (Stable) by ICRA Limited with such ratings considered to have a stable outlook. | 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 | Trust Investment Advisors Pvt.Ltd. IIFL Capital Services Ltd. A.K.Capital Services Ltd. Edelweiss Financial Services Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | IDBI 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. Indiabulls Housing Finance Tranche V NCD Mar 2023 issue size is ₹100.00 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.
| Indiabulls Housing Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹900.00 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/Stable by CRISIL Ratings Limited and [ICRA]AA (Stable) by ICRA Limited. | IND BBB-/Stable by India Ratings & Research Private Limited |
| Tenor | 24, 36, and 60 Months | 400 days, 16, 82, 18 months, 2, 3, 5 years |
| Series | Series I to VIII | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Annual and Cumulative |
Offering period of Indiabulls Housing Finance Tranche V NCD Mar 2023 and KLM Axiva Finvest NCD February 2023 is mentioned.
| Indiabulls Housing Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 03, 2023 | Feb 20, 2023 |
| Bid/Offer Closes On | Mar 17, 2023 | Mar 03, 2023 |
In Indiabulls Housing Finance Tranche V NCD Mar 2023 QIBs portion includes 3,00,000 shares and 0 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors.
| Indiabulls Housing Finance Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 3,00,000 shares | |
| Non Institutional | 0 shares | |
| HNI | 0 shares | |
| Retail | 0 shares | |
| Others | ||
| Total | 10,00,000 shares |
