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Edelweiss Financial NCD Tranche II April 2023 vs KLM Axiva Finvest NCD February 2023

Comparision between Edelweiss Financial NCD Tranche II April 2023 and KLM Axiva Finvest NCD February 2023.

NCD Details

Edelweiss Financial NCD Tranche II April 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Logo Edelweiss Financial NCD Tranche II April 2023 Logo KLM Axiva Finvest NCD February 2023 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) DRHP (Shelf)
RHP (Shelf) RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under the issue have been rated "CRISIL AA-/" Negative by CRISIL Ratings Limited and "ACUITE AA-/" Negative Acuite Ratings & Research Limited.

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.

Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Equirus Capital Private Limited Vivro Financial Services Private Limited
Debenture Trusties Beacon Trusteeship Limited Vistra Itcl India Limited
NRI Allowed No No
Allotment Link

Issue Size and Price and Other Details

Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Edelweiss Financial NCD Tranche II April 2023 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD February 2023 issue size is ₹125.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Issue Size (Base) ₹200.00 Cr ₹125.00 Cr
Issue Size (Shelf) ₹400.00 Cr ₹125.00 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 5 NCD
Market Lot 1 NCD 1 NCD
Credit Rating CRISIL AA-/Negative by CRISIL Ratings Limited and ACUITE AA-/ Negative by Acuité Ratings & Research Limited IND BBB-/Stable by India Ratings & Research Private Limited
Tenor 24, 36, 60 and 120 Months 400 days, 16, 82, 18 months, 2, 3, 5 years
Series

Series I to X

Series I to X

Payment Frequency Monthly, Annual and Cumulative Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial NCD Tranche II April 2023 and KLM Axiva Finvest NCD February 2023 is mentioned.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Bid/Offer Opens On Apr 06, 2023 Feb 20, 2023
Bid/Offer Closes On Apr 21, 2023 Mar 03, 2023

Shares Offered to Different Investor Category

In Edelweiss Financial NCD Tranche II April 2023 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Institutional 2,00,000 shares
Non Institutional 2,00,000 shares
HNI 8,00,000 shares
Retail 8,00,000 shares
Others
Total 20,00,000 shares

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