KLM Axiva Finvest NCD February 2023 vs Muthoot Fincorp NCD April 2023

Comparision between KLM Axiva Finvest NCD February 2023 and Muthoot Fincorp NCD April 2023.

NCD Details

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

	KLM Axiva Finvest Limited	Muthoot Fincorp Limited
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 "IND BBB-/Stable", by India Ratings & Research Private Limited ("India Ratings") for an amount up to ₹ 25,000 lakhs.	The company has received rating of CRISIL AA-/Stable by CRISIL Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.
Registrar	Kfin Technologies Limited	Integrated Registry Management Services Private Limited
Lead Managers	Vivro Financial Services Private Limited	Smc Capitals Limited
Debenture Trusties	Vistra Itcl India Limited	Vardhman Trusteeship Private 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. KLM Axiva Finvest NCD February 2023 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD April 2023 issue size is ₹150.00 Cr at a issue price of ₹1,000.00 per NCD.

	KLM Axiva Finvest Limited	Muthoot Fincorp Limited
Issue Size (Base)	₹125.00 Cr	₹150.00 Cr
Issue Size (Shelf)	₹125.00 Cr	₹300.00 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	IND BBB-/Stable by India Ratings & Research Private Limited	CRISIL AA-/Stable by CRISIL Ratings Limited
Tenor	400 days, 16, 82, 18 months, 2, 3, 5 years	27, 42, 60 and 84 Months
Series	Series I to X	Series I to VIII
Payment Frequency	Monthly, Annual and Cumulative	Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of KLM Axiva Finvest NCD February 2023 and Muthoot Fincorp NCD April 2023 is mentioned.

	KLM Axiva Finvest Limited	Muthoot Fincorp Limited
Bid/Offer Opens On	Feb 20, 2023	Apr 12, 2023
Bid/Offer Closes On	Mar 03, 2023	Apr 26, 2023

Shares Offered to Different Investor Category

In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD April 2023 QIBs portion includes 75,000 shares and 9,00,000 shares offered are offered to retail investors.

	KLM Axiva Finvest Limited	Muthoot Fincorp Limited
Institutional		75,000 shares
Non Institutional		5,25,000 shares
HNI
Retail		9,00,000 shares
Others
Total		15,00,000 shares

Compare with others

KLM Axiva Finvest Limited	Muthoot Fincorp Limited
Muthoot Fincorp NCD April 2023	IIFL Finance NCD Tranche II June 2023
Edelweiss Financial NCD Tranche II April 2023	Indel Money NCD June 2023
Kosamattam Finance NCD April 2023	Cholamandalam Investment NCD Tranche I April 2023
Indiabulls Commercial Credit NCD April 2023	Sakthi Finance NCD April 2023
Indiabulls Housing Finance Tranche V NCD Mar 2023	Muthoot Finance Limited Tranche I NCD April 2023
Muthoot Finance Limited Tranche V NCD Feb 2023	Edelweiss Financial NCD Tranche II April 2023
Indore Municipal NCD February 2023	Kosamattam Finance NCD April 2023
Indiabulls Commercial Credit NCD January 2023	Indiabulls Commercial Credit NCD April 2023
IIFL Finance NCD January 2023	Indiabulls Housing Finance Tranche V NCD Mar 2023
Incred Financial Services NCD Tranche I Jan 2023	KLM Axiva Finvest NCD February 2023

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