Edelweiss Broking NCD July 2022 vs KLM Axiva Finvest NCD September 2022

Comparison between Edelweiss Broking NCD July 2022 and KLM Axiva Finvest NCD September 2022.

NCD Details

Edelweiss Broking NCD July 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD September 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

 Edelweiss Broking Ltd.KLM Axiva Finvest Ltd.
LogoEdelweiss Broking NCD July 2022 LogoKLM Axiva Finvest NCD September 2022 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
RHP (Base)RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under the Issue have been rated CRISIL AA-/ Negative for an amount of Rs. 3,000 million by CRISIL Ratings Limited and "ACUITE AA" for an amount of Rs. 3,000 million by Acuité Ratings & Research Limited such ratings are considered to have a Negative outlook.

The NCDs proposed to be issued under this Issue have been rated IND BBB-/Stable", by India Ratings & Research Private Limited for an amount up to Rs. 20,000 crores. Instruments with such ratings are considered to have a moderate risk of default regarding timely servicing of financial obligations.

RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Lead ManagersEdelweiss Financial Services Ltd.

Equirus Capital Ltd.
Vivro Financial Services Pvt.Ltd.
Debenture Trustees
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. Edelweiss Broking NCD July 2022 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD September 2022 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

 Edelweiss Broking Ltd.KLM Axiva Finvest Ltd.
Issue Size (Base)₹150.00 Cr₹100.00 Cr
Issue Size (Shelf)₹150.00 Cr₹100.00 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 size10 NCD
Market Lot1 NCD1 NCD
Credit RatingCRISIL AA-/Negative

IND BBB-/Stable by India Ratings & Research Private Limited.

Tenor24, 36, 60 and 120 months400 days, 16, 82, 18 months, 2, 3, 5 years
Series

Series I to X

Series I to Series X

Payment FrequencyMonthly, Annual and CumulativeMonthly, Annual and Cumulative

NCD Timetable

Offering period of Edelweiss Broking NCD July 2022 and KLM Axiva Finvest NCD September 2022 is mentioned.

Shares Offered to Different Investor Category

In Edelweiss Broking NCD July 2022 QIBs portion includes 1,50,000 shares and 6,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD September 2022 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.

 Edelweiss Broking Ltd.KLM Axiva Finvest Ltd.
Institutional1,50,000 shares1,00,000 shares
Non Institutional1,50,000 shares4,00,000 shares
HNI6,00,000 shares
Retail6,00,000 shares5,00,000 shares
Others
Total15,00,000 shares10,00,000 shares

Compare with others

Compare:

Edelweiss Broking NCD July 2022 and KLM Axiva Finvest NCD September 2022