Free Account Opening + AMC Free Demat
Loading...

IIFL Finance NCD January 2023 vs KLM Axiva Finvest NCD February 2023

Comparision between IIFL Finance NCD January 2023 and KLM Axiva Finvest NCD February 2023.

NCD Details

IIFL Finance NCD January 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE, NSE while KLM Axiva Finvest NCD February 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  IIFL Finance Limited KLM Axiva Finvest Limited
Logo IIFL Finance NCD January 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, NSE 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 this Issue have been rated CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA (stable) by ICRA Limited. Such ratings indicated that the instruments are considered to have a high degree of safety regarding timely servicing of financial obligations and carry very low credit risk.

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 Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Edelweiss Financial Services Ltd

Iifl Securities Ltd

Equirus Capital Private Limited

Trust Investment Advisors Private Limited
Vivro Financial Services Private Limited
Debenture Trusties Vardhman Trusteeship Private 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. IIFL Finance NCD January 2023 issue size is ₹1,000.00 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.

  IIFL Finance Limited KLM Axiva Finvest Limited
Issue Size (Base) ₹1,000.00 Cr ₹125.00 Cr
Issue Size (Shelf) ₹5,000.00 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/Stable by CRISIL Limited and ICRA AA (stable) by ICRA Limited. IND BBB-/Stable by India Ratings & Research Private Limited
Tenor 24, 36, and 60 Months 400 days, 16, 82, 18 months, 2, 3, 5 years
Series

Series I to VII

Series I to X

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

NCD Timetable

Offering period of IIFL Finance NCD January 2023 and KLM Axiva Finvest NCD February 2023 is mentioned.

  IIFL Finance Limited KLM Axiva Finvest Limited
Bid/Offer Opens On Jan 06, 2023 Feb 20, 2023
Bid/Offer Closes On Jan 18, 2023 Mar 03, 2023

Shares Offered to Different Investor Category

In IIFL Finance NCD January 2023 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD February 2023 QIBs portion includes and offered are offered to retail investors.

  IIFL Finance Limited KLM Axiva Finvest Limited
Institutional 1,00,000 shares
Non Institutional 1,00,000 shares
HNI 4,00,000 shares
Retail 4,00,000 shares
Others
Total 10,00,000 shares

Comments

Add a public comment...