Comparison between KLM Axiva Finvest NCD August 2023 and Kosamattam Finance NCD September 2023.
KLM Axiva Finvest NCD August 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD September 2023 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 | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | The company has received a rating of IND BBB-/Stable by India Ratings & Research Private Limited for the NCDs proposed to be issued pursuant to this Issue. | The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | SMC Capitals Ltd. |
| Debenture Trustees | Vistra ITCL India Ltd. | Vistra ITCL India Ltd. |
| NRI Allowed | No | No |
| Allotment Link | Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. KLM Axiva Finvest NCD August 2023 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD September 2023 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹75.00 Cr | ₹100.00 Cr |
| Issue Size (Shelf) | ₹200.00 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 | 1 NCD | 1 NCD |
| Credit Rating | IND BBB-/Stable by India Ratings & Research Private Limited | IND A-/Stable by India Ratings |
| Tenor | 400 days, 16, 18, 82 months, and 2, 3, 5 years | 20, 24, 30, 36, 39, 48, 54 and 88 Months |
| Series | Series I to X | Series I to VIII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of KLM Axiva Finvest NCD August 2023 and Kosamattam Finance NCD September 2023 is mentioned.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Aug 24, 2023 | Sep 08, 2023 |
| Bid/Offer Closes On | Sep 06, 2023 | Sep 22, 2023 |
In KLM Axiva Finvest NCD August 2023 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Kosamattam Finance NCD September 2023 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Kosamattam Finance Ltd. | |
|---|---|---|
| Institutional | 75,000 shares | 1,00,000 shares |
| Non Institutional | 3,00,000 shares | 1,00,000 shares |
| HNI | 3,00,000 shares | |
| Retail | 3,75,000 shares | 5,00,000 shares |
| Others | ||
| Total | 7,50,000 shares | 10,00,000 shares |
