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KLM Axiva NCD June 2020 vs Muthoot Fincorp NCD Sep 2020

Comparision between KLM Axiva NCD June 2020 and Muthoot Fincorp NCD Sep 2020.

NCD Details

KLM Axiva NCD June 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Fincorp NCD Sep 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

  KLM Axiva Finvest Ltd Muthoot Fincorp Limited
Logo KLM Axiva NCD June 2020 Logo Muthoot Fincorp NCD Sep 2020 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)
RHP (Shelf)
NCD Rating

The NCDs proposed to be issued under this Issue have been rated "CARE BB+; Stable", by CARE Ratings Limited ("CARE Ratings") for an amount up to Rs 12,500 lakhs, vide its letter dated March 16, 2020 and revalidation letter dated May 22, 2020. The rating of NCDs by CARE Ratings indicates that instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

Registrar Kfin Technologies Limited Integrated Registry Management Services Private Limited
Lead Managers Vivro Financial Services Private Limited Smc Capitals 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. KLM Axiva NCD June 2020 issue size is ₹100.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Fincorp NCD Sep 2020 issue size is ₹200.00 Cr at a issue price of ₹1,000.00 per NCD.

  KLM Axiva Finvest Ltd Muthoot Fincorp Limited
Issue Size (Base) ₹100.00 Cr ₹200.00 Cr
Issue Size (Shelf) ₹125.00 Cr ₹200.00 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 5 NCD 10 NCD
Market Lot 1 NCD 1 NCD
Credit Rating CARE BB+/ Stable CRISIL A/ Stable
Tenor 400days/ 18month/ 2year/ 3year/ 5year/ 75month 27 months/ 38 months/ 60 months
Series

Series I to Series X

Series I to Series IX

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

NCD Timetable

Offering period of KLM Axiva NCD June 2020 and Muthoot Fincorp NCD Sep 2020 is mentioned.

  KLM Axiva Finvest Ltd Muthoot Fincorp Limited
Bid/Offer Opens On Jun 02, 2020 Sep 28, 2020
Bid/Offer Closes On Jun 26, 2020 Oct 23, 2020

Shares Offered to Different Investor Category

In KLM Axiva NCD June 2020 QIBs portion includes and offered are offered to retail investors. In Muthoot Fincorp NCD Sep 2020 QIBs portion includes and offered are offered to retail investors.

  KLM Axiva Finvest Ltd Muthoot Fincorp Limited
Institutional
Non Institutional
HNI
Retail
Others
Total 10,00,000 shares 20,00,000 shares

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