Comparison between KLM Axiva Finvest NCD and Piramal Capital NCD July 2021.
KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Piramal Capital NCD July 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE, NSE.
| KLM Axiva Finvest Ltd. | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| 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. | Trust Investment Advisors Pvt.Ltd. JM Financial 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. Piramal Capital NCD July 2021 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹200.00 Cr |
| Issue Size (Shelf) | ₹50.00 Cr | ₹800.00 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 | 10 NCD |
| Credit Rating | CARE BB+; Stable (Double BB plus; Outlook: Stable) | CARE AA, ICRA AA with outlook (Negative) |
| Tenor | 26, 36, 60 and 120 months | |
| Series | ||
| Payment Frequency |
Offering period of KLM Axiva Finvest NCD and Piramal Capital NCD July 2021 is mentioned.
| KLM Axiva Finvest Ltd. | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 05, 2021 | Jul 12, 2021 |
| Bid/Offer Closes On | Jul 26, 2021 | Jul 19, 2021 |
In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors. In Piramal Capital NCD July 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Piramal Capital & Housing Finance Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | |
| Non Institutional | 2,00,000 shares | |
| HNI | 8,00,000 shares | |
| Retail | 8,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares | 20,00,000 shares |
