Comparison between KLM Axiva Finvest NCD and Muthoot Finance Limited Tranche III NCD.
KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance Limited Tranche III NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| KLM Axiva Finvest Ltd. | Muthoot Finance 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) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | Moderate risk of default regarding timely servicing of financial obligations. | |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | JM Financial Ltd. Equirus Capital Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services 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. KLM Axiva Finvest NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche III NCD issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹1,600.00 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 | 5 NCD | 1 NCD |
| Credit Rating | CARE BB+; Stable (Double BB plus; Outlook: Stable) | The NCDs have been rated ‘[ICRA] AA+/ “Stable” by ICRA and “CRISIL AA+/Stable” by CRISIL |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of KLM Axiva Finvest NCD and Muthoot Finance Limited Tranche III NCD is mentioned.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 05, 2021 | Apr 08, 2021 |
| Bid/Offer Closes On | Jul 26, 2021 | Apr 12, 2021 |
In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors. In Muthoot Finance Limited Tranche III NCD QIBs portion includes and offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 10,00,000 shares | 10,00,000 shares |
