Comparison between KLM Axiva Finvest NCD September 2022 and Muthoot Fincorp NCD August 2022.
KLM Axiva Finvest NCD September 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD August 2022 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| KLM Axiva Finvest Ltd. | Muthoot Fincorp 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 | |
| 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 issue has been rated "CRISIL A+/Stable" by CRISIL. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. |
| Registrar | Kfin Technologies Ltd. | Integrated Registry Management Services Pvt.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. Muthoot Fincorp NCD August 2022 issue size is ₹250.00 Cr at a issue price of ₹1,000.00 per NCD.
| KLM Axiva Finvest Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹100.00 Cr | ₹250.00 Cr |
| Issue Size (Shelf) | ₹100.00 Cr | ₹250.00 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. | CRISIL A+/Stable by CRISIL Ratings Limited |
| Tenor | 400 days, 16, 82, 18 months, 2, 3, 5 years | 27, 38, 48 and 96 Months |
| Series | Series I to Series X | Series I to Series VII |
| Payment Frequency | Monthly, Annual and Cumulative | Monthly and Cumulative |
Offering period of KLM Axiva Finvest NCD September 2022 and Muthoot Fincorp NCD August 2022 is mentioned.
| KLM Axiva Finvest Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Sep 15, 2022 | Aug 05, 2022 |
| Bid/Offer Closes On | Oct 12, 2022 | Sep 01, 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 Muthoot Fincorp NCD August 2022 QIBs portion includes 1,25,000 shares and 15,00,000 shares offered are offered to retail investors.
| KLM Axiva Finvest Ltd. | Muthoot Fincorp Ltd. | |
|---|---|---|
| Institutional | 1,00,000 shares | 1,25,000 shares |
| Non Institutional | 4,00,000 shares | 8,75,000 shares |
| HNI | ||
| Retail | 5,00,000 shares | 15,00,000 shares |
| Others | ||
| Total | 10,00,000 shares | 25,00,000 shares |
