Edelweiss Financial NCD August 2021 vs KLM Axiva Finvest NCD

Comparision between Edelweiss Financial NCD August 2021 and KLM Axiva Finvest NCD.

NCD Details

Edelweiss Financial NCD August 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while KLM Axiva Finvest NCD is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	Edelweiss Financial Services Ltd	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)
RHP (Base)	RHP	RHP
DRHP (Shelf)
RHP (Shelf)
NCD Rating	The NCDs proposed to be issued under the Issue have been rated “Acuite AA (Outlook: Negative)” by Acuite Ratings and Research Limited and “[ICRA]A+ (Negative)” by ICRA Limited.	Moderate risk of default regarding timely servicing of financial obligations.
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Lead Managers	Equirus Capital Private Limited	Vivro Financial Services Private Limited
Debenture Trusties
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 August 2021 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. KLM Axiva Finvest NCD issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	Edelweiss Financial Services Ltd	KLM Axiva Finvest Limited
Issue Size (Base)	₹200.00 Cr	₹100.00 Cr
Issue Size (Shelf)	₹200.00 Cr	₹50.00 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	10 NCD	5 NCD
Credit Rating	Acuite AA (Outlook: Negative), [ICRA] A+ (Negative)	CARE BB+; Stable (Double BB plus; Outlook: Stable)
Tenor	36, 60 and 120 Months
Series
Payment Frequency	Monthly, Annual and Cumulative
Coupon Incentive

NCD Timetable

Offering period of Edelweiss Financial NCD August 2021 and KLM Axiva Finvest NCD is mentioned.

	Edelweiss Financial Services Ltd	KLM Axiva Finvest Limited
Bid/Offer Opens On	Aug 17, 2021	Jul 05, 2021
Bid/Offer Closes On	Sep 06, 2021	Jul 26, 2021

Shares Offered to Different Investor Category

In Edelweiss Financial NCD August 2021 QIBs portion includes 2,00,000 shares and 8,00,000 shares offered are offered to retail investors. In KLM Axiva Finvest NCD QIBs portion includes and offered are offered to retail investors.

	Edelweiss Financial Services Ltd	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	10,00,000 shares

Compare with others

Edelweiss Financial Services Ltd	KLM Axiva Finvest Limited
Indel Money NCD Sep 2021	Kosamattam Finance NCD August 2021
JM Financial NCD Sep 2021	Muthoottu Mini NCD August 2021
Indiabulls Housing NCD September 2021	Edelweiss Financial NCD August 2021
Kosamattam Finance NCD August 2021	Piramal Capital NCD July 2021
Muthoottu Mini NCD August 2021	IIFL Home Finance NCD
Piramal Capital NCD July 2021	Sakthi Finance NCD June 2021
IIFL Home Finance NCD	India Grid Trust NCD April 2021
KLM Axiva Finvest NCD	Muthoot Fincorp Limited NCD April 2020
Sakthi Finance NCD June 2021	Muthoot Finance Limited Tranche III NCD
India Grid Trust NCD April 2021	Edelweiss Financial NCD April 2021

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