Indel Money NCD October 2025 vs KLM Axiva Finvest NCD November 2025

Comparison between Indel Money NCD October 2025 and KLM Axiva Finvest NCD November 2025.

NCD Details

Indel Money NCD October 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD November 2025 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

 Indel Money Ltd.KLM Axiva Finvest Ltd.
LogoIndel Money NCD October 2025 LogoKLM Axiva Finvest NCD November 2025 Logo
Security TypeSecured, Redeemable, Non-Convertible Debentures (Secured NCDs)Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Listing AtBSEBSE
Basis of AllotmentFirst Come First Serve BasisFirst Come First Serve Basis
DRHP (Base)DRHP DRHP
RHP (Base)RHP RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersTrust Investment Advisors Pvt.Ltd.

Incred Capital Financial Services Pvt.Ltd.
Vivro Financial Services Pvt.Ltd.
Debenture TrusteesCatalyst Trusteeship Ltd.Vistra ITCL India Ltd.
NRI AllowedNoNo
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. Indel Money NCD October 2025 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD November 2025 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

 Indel Money Ltd.KLM Axiva Finvest Ltd.
Issue Size (Base)₹150.00 Cr₹50.00 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 size10 NCD5 NCD
Market Lot1 NCD1 NCD
Credit Rating

Infomerics Valuation and Rating Private Limited : A-

Acuité Ratings & Research Limited : ACUITE BBB

Tenor
Series
Payment Frequency

NCD Timetable

Offering period of Indel Money NCD October 2025 and KLM Axiva Finvest NCD November 2025 is mentioned.

 Indel Money Ltd.KLM Axiva Finvest Ltd.
Bid/Offer Opens OnOct 13, 2025Dec 01, 2025
Bid/Offer Closes OnOct 24, 2025Dec 12, 2025

Shares Offered to Different Investor Category

In Indel Money NCD October 2025 QIBs portion includes 3,00,000 shares and 4,50,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD November 2025 QIBs portion includes 50,000 shares and 2,50,000 shares offered are offered to retail investors.

 Indel Money Ltd.KLM Axiva Finvest Ltd.
Institutional3,00,000 shares50,000 shares
Non Institutional3,00,000 shares2,00,000 shares
HNI4,50,000 shares
Retail4,50,000 shares2,50,000 shares
Others
Total15,00,000 shares5,00,000 shares

Compare with others

Compare:

Indel Money NCD October 2025 and KLM Axiva Finvest NCD November 2025