KLM Axiva Finvest NCD August 2023 vs Kosamattam Finance NCD September 2023

Comparision between KLM Axiva Finvest NCD August 2023 and Kosamattam Finance NCD September 2023.

NCD Details

KLM Axiva Finvest NCD August 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Kosamattam Finance NCD September 2023 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.

	KLM Axiva Finvest Limited	Kosamattam Finance 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	The company has received a rating of IND BBB-/Stable by India Ratings & Research Private Limited for the NCDs proposed to be issued pursuant to this Issue.	The NCDs proposed to be issued under this Issue have been rated 'IND A-/Stable', by India Ratings & Research Private Limited.
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Lead Managers	Vivro Financial Services Private Limited	Smc Capitals Limited
Debenture Trusties	Vistra Itcl India Limited	Vistra Itcl India Limited
NRI Allowed	No	No
Allotment Link	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 Finvest NCD August 2023 issue size is ₹75.00 Cr at an issue price of ₹1,000.00 per NCD. Kosamattam Finance NCD September 2023 issue size is ₹100.00 Cr at a issue price of ₹1,000.00 per NCD.

	KLM Axiva Finvest Limited	Kosamattam Finance Limited
Issue Size (Base)	₹75.00 Cr	₹100.00 Cr
Issue Size (Shelf)		₹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	IND BBB-/Stable by India Ratings & Research Private Limited	IND A-/Stable by India Ratings
Tenor	400 days, 16, 18, 82 months, and 2, 3, 5 years	20, 24, 30, 36, 39, 48, 54 and 88 Months
Series	Series I to X	Series I to VIII
Payment Frequency	Monthly, Annual and Cumulative	Monthly and Cumulative
Coupon Incentive

NCD Timetable

Offering period of KLM Axiva Finvest NCD August 2023 and Kosamattam Finance NCD September 2023 is mentioned.

	KLM Axiva Finvest Limited	Kosamattam Finance Limited
Bid/Offer Opens On	Aug 24, 2023	Sep 08, 2023
Bid/Offer Closes On	Sep 06, 2023	Sep 22, 2023

Shares Offered to Different Investor Category

In KLM Axiva Finvest NCD August 2023 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors. In Kosamattam Finance NCD September 2023 QIBs portion includes 1,00,000 shares and 5,00,000 shares offered are offered to retail investors.

	KLM Axiva Finvest Limited	Kosamattam Finance Limited
Institutional	75,000 shares	1,00,000 shares
Non Institutional	3,00,000 shares	1,00,000 shares
HNI		3,00,000 shares
Retail	3,75,000 shares	5,00,000 shares
Others
Total	7,50,000 shares	10,00,000 shares

Compare with others

KLM Axiva Finvest Limited	Kosamattam Finance Limited
Muthoot Finance NCD Tranche II September 2023	Chemmanur Credits and Investments NCD October 2023
Kosamattam Finance NCD September 2023	Muthoot Fincorp NCD October Tranche II 2023
Indiabulls Housing Finance TrancheII NCD July 2023	Edelweiss Financial Services NCD October 2023
Muthoot Fincorp NCD Sep Tranche I 2023	Aditya Birla Finance NCD September 2023
Nido Home Finance NCD Aug 2023	Muthoot Finance NCD Tranche II September 2023
CreditAccess Grameen Tranche II NCD 2023	Indiabulls Housing Finance TrancheII NCD July 2023
Vivriti Capital NCD August 2023	Muthoot Fincorp NCD Sep Tranche I 2023
Cholamandalam Investment NCD Tranche II July 2023	Nido Home Finance NCD Aug 2023
Power Finance Corporation NCD July 2023	KLM Axiva Finvest NCD August 2023
Navi Finserv NCD July 2023	CreditAccess Grameen Tranche II NCD 2023

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