ICL Fincorp Limited NCD November 2024 vs KLM Axiva Finvest NCD November 2024

Comparision between ICL Fincorp Limited NCD November 2024 and KLM Axiva Finvest NCD November 2024.

NCD Details

ICL Fincorp Limited NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD November 2024 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	ICL Fincorp Limited	KLM Axiva Finvest Limited
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	CRISIL BBB-/Stable (pronounced as CRISIL triple B minus rating with Stable outlook) for an amount of Rs. 40,00,000 thousand by CRISIL vide rating letter dated July 08, 2024, for the NCDs proposed to be issued under this Issue.	The NCDs proposed to be issued under this Issue have been rated "ACUITE BBB", by Acuité Ratings & Research Limited ("IRRPL") for an amount up to ₹ 10,000 lakhs.
Registrar	Cameo Corporate Services Limited	Kfin Technologies Limited
Lead Managers	Saffron Capital Advisors Private Limited	Vivro Financial Services Private Limited
Debenture Trusties	Mitcon Credentia Trusteeship Services 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. ICL Fincorp Limited NCD November 2024 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD November 2024 issue size is ₹50.00 Cr at a issue price of ₹1,000.00 per NCD.

	ICL Fincorp Limited	KLM Axiva Finvest Limited
Issue Size (Base)	₹75.00 Cr	₹50.00 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 BBB-/Stable by CRISIL.	ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB/Stable by India Ratings & Research Private Limited.
Tenor	13, 24, 36, 60 and 68 Months	400 days, 16, 18 and 79 Months, 2 , 3 and 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 ICL Fincorp Limited NCD November 2024 and KLM Axiva Finvest NCD November 2024 is mentioned.

	ICL Fincorp Limited	KLM Axiva Finvest Limited
Bid/Offer Opens On	Nov 11, 2024	Nov 14, 2024
Bid/Offer Closes On	Nov 25, 2024	Nov 28, 2024

Shares Offered to Different Investor Category

In ICL Fincorp Limited NCD November 2024 QIBs portion includes and offered are offered to retail investors. In KLM Axiva Finvest NCD November 2024 QIBs portion includes and offered are offered to retail investors.

	ICL Fincorp Limited	KLM Axiva Finvest Limited
Institutional
Non Institutional
HNI
Retail
Others
Total

Compare with others

ICL Fincorp Limited	KLM Axiva Finvest Limited
KLM Axiva Finvest NCD November 2024	ICL Fincorp Limited NCD November 2024
Muthoottu Mini Financiers NCD October 2024	Muthoottu Mini Financiers NCD October 2024
Indel Money NCD October 2024	Indel Money NCD October 2024
UGRO Capital NCD October 2024	UGRO Capital NCD October 2024
Muthoot Fincorp NCD Tranche II October 2024	Muthoot Fincorp NCD Tranche II October 2024
Edelweiss Financial Services NCD October 2024

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