Comparison between KLM Axiva Finvest NCD and Muthoottu Mini NCD August 2021.
KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoottu Mini NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| KLM Axiva Finvest Ltd. | Muthoottu Mini Financiers 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. | The Company has received rating of ‘CARE BBB+’: Stable (Triple B Plus; Outlook: Stable’) by CARE Ratings Limited (“CARE Ratings”) |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.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. KLM Axiva Finvest NCD issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoottu Mini NCD August 2021 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹125.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹125.00 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) | CARE BBB+ Stable (Triple B Plus; Outlook: Stable) |
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of KLM Axiva Finvest NCD and Muthoottu Mini NCD August 2021 is mentioned.
| KLM Axiva Finvest Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 05, 2021 | Aug 18, 2021 |
| Bid/Offer Closes On | Jul 26, 2021 | Sep 09, 2021 |
In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors. In Muthoottu Mini NCD August 2021 QIBs portion includes 1,25,000 shares and 6,25,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Muthoottu Mini Financiers Ltd. | |
|---|---|---|
| Institutional | 1,25,000 shares | |
| Non Institutional | ||
| HNI | 5,00,000 shares | |
| Retail | 6,25,000 shares | |
| Others | ||
| Total | 10,00,000 shares | 12,50,000 shares |
