Klm Axiva Finvest Limited is one of the NBFC – non deposit taking non-banking finance company that is based in Kochi. They are proving services to lower and middle class individuals and businesses. The company provides gold loans, lending money against pledge of house hold jewellery, micro – small – medium enterprise loans, personal loan and microfinance loan to women customers. They have branches across four states that are Kerala, Karnataka, Tamil Nadu, and Telangana.
Klm Axiva Finvest has a rating of CARE BB+; Stable by CARE. Klm Axiva Finvest Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 30 September 2021. Klm Axiva Finvest will offer 11.57% interest rates on the NCDs. The NCDs tenure is for 366 & 400 days,18 & 80 months, 2,3,and 5 years.
Klm Axiva Finvest NCD Issue Details
| NCD Issue Open | 30 September 2021 |
| NCD Issue Close | 26 October 2021 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 900 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Upto 11.57% ** (Annually) |
| Minimum Investment | 5 Bonds (₹1,000) |
| Maximum Investment | 2,000 Bonds (₹10,00,000) |
| Listing on | BSE Platform |
Klm Axiva Finvest NCD Issue Rating
- CARE Ratings: CARE BB+; Stable
Klm Axiva Finvest NCD Issue Listing
- NCD Bonds will be list on BSE.
Klm Axiva Finvest NCD Issue Promoters
- Ms. Biji Shibu
How to Apply Klm Axiva Finvest NCD Issue?
You can apply from your existing demat account online and offline. You can apply via downloading form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centres.
Klm Axiva Finvest NCD (September 2021) Issue Tenure & Interest Rates
| Series | Tenor | Type | Interest | Coupon | Eff. Yield |
| 1 | 366 Days | Secured | Month | 10.00% | 10.47% |
| 2 | 400 Days | Cum. | N/A | 10.35% | |
| 3 | 18 Month | Cum. | N/A | 10.59% | |
| 4 | 2 Years | Month | 10.25% | 10.75% | |
| 5 | 2 Years | Annual | 10.50% | 10.50% | |
| 6 | 3 Years | Month | 10.50% | 11.02% | |
| 7 | 3 Years | Annual | 10.75% | 10.75% | |
| 8 | 5 Years | Month | 11.00% | 11.57% | |
| 9 | 5 Years | Annual | 11.25% | 11.25% | |
| 10 | 80 Months | Cum. | N/A | 10.96% |
Klm Axiva Finvest NCD Lead Manager
- Vivro Financial Services Private Limited
Klm Axiva Finvest NCD Allotment Status
- Klm Axiva Finvest NCD issue allotment available on KFintech
NCD Registrar
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Company Information
Klm Axiva Finvest Limited
802, 8th Floor, Hub Town Solaris,
N.S. Phadke Marg, Vijay Nagar,
Andheri East, Mumbai 400069, Maharashtra
Phone: +91 22 6788 1000
Email: [email protected]
Website: https://www.iifl.com/
Klm Axiva Finvest NCD FAQs:
When is Klm Axiva Finvest NCD Open?
Klm Axiva Finvest NCD to open on September 30 and closes on October 26, 2021.
What is Klm Axiva Finvest NCD Price?
The company has fixed the price at ₹1000 per NCD.
What is Klm Axiva Finvest NCD Issue Size?
The NCD issue size is ₹200 crores.
On Which platform the Klm Axiva Finvest NCD will list?
Klm Axiva Finvest NCD will list on BSE Platform.
How to apply for Klm Axiva Finvest NCD?
You can apply from your existing demat account online and offline.
