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KLM Axiva Finvest NCD February 2022 vs Muthoot Fincorp NCD January 2022

Comparision between KLM Axiva Finvest NCD February 2022 and Muthoot Fincorp NCD January 2022 .

NCD Details

KLM Axiva Finvest NCD February 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD January 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  KLM Axiva Finvest Limited Muthoot Fincorp Limited
Logo KLM Axiva Finvest NCD February 2022 Logo Muthoot Fincorp NCD January 2022	 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

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.

The issue has been rated “CRISIL A+/Stable” by CRISIL for an amount of ₹ 400 crores. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

Registrar Kfin Technologies Limited Integrated Registry Management Services Private Limited
Lead Managers Vivro Financial Services Private Limited Smc Capitals Limited
Debenture Trusties
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. KLM Axiva Finvest NCD February 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD January 2022 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  KLM Axiva Finvest Limited Muthoot Fincorp Limited
Issue Size (Base) ₹100.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹100.00 Cr ₹200.00 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 5 NCD 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating

Care BB+, Positive Outlook by Care Ratings

CRISIL A+/Stable for an amount of Rs 400 crores by CRISIL
Tenor 366 & 400 days/ 18 & 80 months/ 2, 3, & 5 years 27/38/60/72/96/ Months
Series

Series I to Series X

Series I to Series X

Payment Frequency Monthly and Annual Monthly
Coupon Incentive

NCD Timetable

Offering period of KLM Axiva Finvest NCD February 2022 and Muthoot Fincorp NCD January 2022 is mentioned.

  KLM Axiva Finvest Limited Muthoot Fincorp Limited
Bid/Offer Opens On Feb 15, 2022 Jan 05, 2022
Bid/Offer Closes On Mar 11, 2022 Jan 28, 2022

Shares Offered to Different Investor Category

In KLM Axiva Finvest NCD February 2022 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD January 2022 QIBs portion includes 1,00,000 shares and 11,00,000 shares offered are offered to retail investors.

  KLM Axiva Finvest Limited Muthoot Fincorp Limited
Institutional 1,00,000 shares
Non Institutional 8,00,000 shares
HNI
Retail 11,00,000 shares
Others
Total 10,00,000 shares 20,00,000 shares

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