Comparison between KLM Axiva Finvest NCD February 2023 and Muthoot Finance Limited Tranche V NCD Feb 2023.
KLM Axiva Finvest NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Finance Limited Tranche V NCD Feb 2023 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) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | ||
| RHP (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 ("India Ratings") for an amount up to ₹ 25,000 lakhs. | The NCDs proposed to be issued under this Issue have been rated [ICRA] AA+/Stable (pronounced as ICRA Double A plus rating with stable outlook) by ICRA. |
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. | A.K.Capital Services Ltd. |
| Debenture Trustees | Vistra ITCL India Ltd. | IDBI Trusteeship Services Ltd. |
| 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 February 2023 issue size is ₹125.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Finance Limited Tranche V NCD Feb 2023 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹125.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹125.00 Cr | ₹3,000.00 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 | AA+/Stable by ICRA. |
| Tenor | 400 days, 16, 82, 18 months, 2, 3, 5 years | 25, 37 and 61 months |
| Series | Series I to X | Series I to VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Annually |
Offering period of KLM Axiva Finvest NCD February 2023 and Muthoot Finance Limited Tranche V NCD Feb 2023 is mentioned.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 20, 2023 | Feb 08, 2023 |
| Bid/Offer Closes On | Mar 03, 2023 | Mar 03, 2023 |
In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors. In Muthoot Finance Limited Tranche V NCD Feb 2023 QIBs portion includes 50,000 shares and 5,00,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Muthoot Finance Ltd. | |
|---|---|---|
| Institutional | 50,000 shares | |
| Non Institutional | 50,000 shares | |
| HNI | 4,00,000 shares | |
| Retail | 5,00,000 shares | |
| Others | ||
| Total | 10,00,000 shares |
