Comparison between India Grid Trust NCD April 2021 and KLM Axiva Finvest NCD.
India Grid Trust NCD April 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| India Grid Trust | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE, NSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | Moderate risk of default regarding timely servicing of financial obligations. | |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | JM Financial Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. India Grid Trust NCD April 2021 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| India Grid Trust | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹900.00 Cr | ₹50.00 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 | 1 NCD | 5 NCD |
| Market Lot | 1 NCD | 5 NCD |
| Credit Rating | This Issue have been rated ‘CRISIL AAA/Stable’ by CRISIL Ratings Limited and ‘IND AAA/Stable’ by India Ratings and Research Private Limited. | CARE BB+; Stable (Double BB plus; Outlook: Stable) |
| Tenor | 3, 5, 7 & 10 year | |
| Series | ||
| Payment Frequency |
Offering period of India Grid Trust NCD April 2021 and KLM Axiva Finvest NCD is mentioned.
| India Grid Trust | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Apr 28, 2021 | Jul 05, 2021 |
| Bid/Offer Closes On | Apr 30, 2021 | Jul 26, 2021 |
In India Grid Trust NCD April 2021 QIBs portion includes and offered are offered to retail investors. In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors.
| India Grid Trust | KLM Axiva Finvest Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
