Comparison between KLM Axiva Finvest NCD September 2022 and Kosamattam Finance NCD July 2022.
KLM Axiva Finvest NCD September 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD July 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| KLM Axiva Finvest Ltd. | Kosamattam 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) | DRHP  | DRHP |
| RHP (Base) | RHP | |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | 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. | The NCDs proposed to be issued under this Issue have been rated "BWR BBB+/Positive" by Brickwork Ratings India Private Limited for an amount of Rs.35,000 lakhs. Instruments with such ratings are considered to have a moderate degree of safety regarding timely servicing of financial obligations therefore, carry moderate credit risk. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | SMC Capitals 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 September 2022 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD July 2022 issue size is ₹175.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹175.00 Cr |
| Issue Size (Shelf) | ₹100.00 Cr | ₹175.00 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 | 10 NCD | |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | IND BBB-/Stable by India Ratings & Research Private Limited. | BWR BBB+/Positive by Brickwork Ratings India Private Limited. |
| Tenor | 400 days, 16, 82, 18 months, 2, 3, 5 years | 400 days, 36, 42, 48, 54, 60, 88 months |
| Series | Series I to Series X | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of KLM Axiva Finvest NCD September 2022 and Kosamattam Finance NCD July 2022 is mentioned.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 15, 2022 | Jul 13, 2022 |
| Bid/Offer Closes On | Oct 12, 2022 | Aug 04, 2022 |
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. In Kosamattam Finance NCD July 2022 QIBs portion includes 1,75,000 shares and 8,75,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 1,75,000 shares |
| Non Institutional | 4,00,000 shares | 1,75,000 shares |
| HNI | 5,25,000 shares | |
| Retail | 5,00,000 shares | 8,75,000 shares |
| Others | ||
| Total | 10,00,000 shares | 17,50,000 shares |
