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Edelweiss Financial Services NCD July 2024 vs KLM Axiva Finvest NCD July 2024

Comparision between Edelweiss Financial Services NCD July 2024 and KLM Axiva Finvest NCD July 2024.

NCD Details

Edelweiss Financial Services NCD July 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD July 2024 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 Services NCD July 2024 Logo KLM Axiva Finvest NCD July 2024 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 NCDs proposed to be issued under the Issue have been rated "CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') for an amount of ₹ 1,500 million by CRISIL Limited.

The NCDs proposed to be issued under this Issue have been rated "ACUITE BBB", by Acuité Ratings & Research Limited ("IRRPL") & IND BBB-/Stable by India Ratings & Research Private Limited for an amount up to ₹ 15,000 lakhs.

Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Trust Investment Advisors Private Limited

Nuvama Wealth Management 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 Services NCD July 2024 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD July 2024 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Issue Size (Base) ₹100.00 Cr ₹75.00 Cr
Issue Size (Shelf)
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 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating CRISIL A+/Watch Negative (placed on 'Rating Watch with Negative Implications') by CRISIL Ratings Limited.

ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB-/Stable by India Ratings & Research Private Limited.

Tenor 24, 36, 60 and 120 Months 400 days, 16, 18 and 79 Months, 2 , 3 and 5 Years
Series Series I to XII Series I to X
Payment Frequency Monthly and Annually Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial Services NCD July 2024 and KLM Axiva Finvest NCD July 2024 is mentioned.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Bid/Offer Opens On Jul 08, 2024 Jul 22, 2024
Bid/Offer Closes On Jul 22, 2024 Aug 02, 2024

Shares Offered to Different Investor Category

In Edelweiss Financial Services NCD July 2024 QIBs portion includes 1,00,000 shares and 4,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD July 2024 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.

  Edelweiss Financial Services Limited KLM Axiva Finvest Limited
Institutional 1,00,000 shares 75,000 shares
Non Institutional 1,00,000 shares 3,00,000 shares
HNI 4,00,000 shares
Retail 4,00,000 shares 3,75,000 shares
Others
Total 10,00,000 shares 7,50,000 shares

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