Comparison between Indel Money NCD Sep 2021 and Klm Axiva Finvest Limited NCD September 2021.
Indel Money NCD Sep 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Klm Axiva Finvest Limited NCD September 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Indel Money 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) | ||
| RHP (Shelf) | ||
| NCD Rating | The issue has been rated “CRISIL BBB/Stable” by CRISIL Ratings Limited. Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. | The issue has been rated “CARE BB+; Stable” by CARE Ratings Limited. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.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. Indel Money NCD Sep 2021 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Klm Axiva Finvest Limited NCD September 2021 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| Indel Money Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹75.00 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 BBB/Stable" by CRISIL Ratings | ‘"CARE BB+; Stable" by CARE Ratings Limited. |
| Tenor | 366 days, 18, 36, 54, 61 and 71 Months | 366 & 400 days,18 & 80 months, 2,3,and 5 years |
| Series | Series I to Series XI | Series I to Series X |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly, Cumulative and Annual |
Offering period of Indel Money NCD Sep 2021 and Klm Axiva Finvest Limited NCD September 2021 is mentioned.
| Indel Money Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 23, 2021 | Sep 30, 2021 |
| Bid/Offer Closes On | Oct 18, 2021 | Oct 26, 2021 |
In Indel Money NCD Sep 2021 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Klm Axiva Finvest Limited NCD September 2021 QIBs portion includes and 5,00,000 shares offered are offered to retail investors.
| Indel Money Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | |
| Non Institutional | 3,00,000 shares | 4,00,000 shares |
| HNI | ||
| Retail | 3,75,000 shares | 5,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 10,00,000 shares |
