Comparison between Edelweiss Financial Services NCD July 2024 and KLM Axiva Finvest NCD July 2024.
Edelweiss Financial Services NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Edelweiss Financial Services 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  | DRHP |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The NCDs proposed to be issued under the Issue have been rated "CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') for an amount of ₹ 1,500 million by CRISIL Limited. | The NCDs proposed to be issued under this Issue have been rated "ACUITE BBB", by Acuité Ratings & Research Limited ("IRRPL") & IND BBB-/Stable by India Ratings & Research Private Limited for an amount up to ₹ 15,000 lakhs. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. Trust Investment Advisors Pvt.Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Beacon Trusteeship 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. Edelweiss Financial Services NCD July 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD July 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ||
| 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 | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') by CRISIL Ratings Limited. | ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB-/Stable by India Ratings & Research Private Limited. |
| Tenor | 24, 36, 60 and 120 Months | 400 days, 16, 18 and 79 Months, 2 , 3 and 5 Years |
| Series | Series I to XII | Series I to X |
| Payment Frequency | Monthly and Annually | Monthly, Annual and Cumulative |
Offering period of Edelweiss Financial Services NCD July 2024 and KLM Axiva Finvest NCD July 2024 is mentioned.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 08, 2024 | Jul 22, 2024 |
| Bid/Offer Closes On | Jul 22, 2024 | Aug 02, 2024 |
In Edelweiss Financial Services NCD July 2024 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD July 2024 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| Edelweiss Financial Services Ltd. | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 75,000 shares |
| Non Institutional | 1,00,000 shares | 3,00,000 shares |
| HNI | 4,00,000 shares | |
| Retail | 4,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 10,00,000 shares | 7,50,000 shares |
