FREE Account Opening + No Clearing Fees
Loading...

Indore Municipal NCD February 2023 vs KLM Axiva Finvest NCD February 2023

Comparision between Indore Municipal NCD February 2023 and KLM Axiva Finvest NCD February 2023.

NCD Details

Indore Municipal NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at NSE while KLM Axiva Finvest NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Indore Municipal Corporation KLM Axiva Finvest Limited
Logo Indore Municipal NCD February 2023 Logo KLM Axiva Finvest NCD February 2023 Logo
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing at NSE 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 company has received rating of IND AA+/Stable by India Ratings and CARE AA; Stable by CARE Ratings Limited for the bonds proposed to be issued pursuant to this Issue.

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 Limited Kfin Technologies Limited
Lead Managers A.K. Capital Services Limited

SBI Capital Markets Limited
Vivro Financial Services Private Limited
Debenture Trusties Vistra Itcl India Limited Vistra Itcl India Limited
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. Indore Municipal NCD February 2023 issue size is ₹122.00 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.

  Indore Municipal Corporation KLM Axiva Finvest Limited
Issue Size (Base) ₹122.00 Cr ₹125.00 Cr
Issue Size (Shelf) ₹244.00 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 IND AA+/Stable by India Ratings and CARE AA; Stable by CARE Ratings Limited. IND BBB-/Stable by India Ratings & Research Private Limited
Tenor 3, 5, 7, and 9 years 400 days, 16, 82, 18 months, 2, 3, 5 years
Series

Series I

Series I to X

Payment Frequency Half yearly Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Indore Municipal NCD February 2023 and KLM Axiva Finvest NCD February 2023 is mentioned.

  Indore Municipal Corporation KLM Axiva Finvest Limited
Bid/Offer Opens On Feb 10, 2023 Feb 20, 2023
Bid/Offer Closes On Feb 14, 2023 Mar 03, 2023

Shares Offered to Different Investor Category

In Indore Municipal NCD February 2023 QIBs portion includes 3,05,000 shares and 3,05,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors.

  Indore Municipal Corporation KLM Axiva Finvest Limited
Institutional 3,05,000 shares
Non Institutional 3,05,000 shares
HNI 3,05,000 shares
Retail 3,05,000 shares
Others
Total 12,20,000 shares

Comments

Add a public comment...