KLM Axiva Finvest NCD February 2022 Date, Rating & Interest Rates

IPO Initial Public Offerings
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+, Positive Outlook by CARE. KLM Axiva Finvest Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on 15 February 2022. 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, & 5 years.

KLM Axiva Finvest

KLM Axiva Finvest NCD Issue Details

 NCD Issue Open 15 February 2022
 NCD Issue Close 11 March 2022
 NCD Issue Size Base: 100 Cr. | Shelf: 100 Cr.
 Price Band ₹1000 per NCD
 Interest Rate Up to 11.57% ** (Annually)
 Minimum Investment 5 Bonds (₹1,000)
 Maximum Investment – Bonds (₹-)
 Listing on
 BSE Platform

KLM Axiva Finvest NCD Issue Rating

  • CARE Rating: Care BB+, Positive Outlook

KLM Axiva Finvest NCD Issue Listing

  • NCD Bonds to list on BSE platforms.

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 the form from the official website and filling up all the details with the cheque of said amount. You can submit it to the collection centers.

KLM Axiva Finvest NCD (February 2022) Issue Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
I366 DaysMonth9.75%10.20%
II400 DaysCumNA10.35%
III18 MonthCumNA10.59%
IV2 YearsMonth10%10.47%
V2 YearsAnnual10.25%10.25%
VI3 YearsMonth10.25%10.75%
VII3 YearsAnnual10.50%10.50%
VII5 YearsMonth11%11.57%
IX5 YearsAnnual11.25%11.25%
X80 MonthCumNA10.96%

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
Website: https://karisma.kfintech.com/

Company Information

KLM Axiva Finvest Limited
Door No. 3-3-408/1, First Floor, RTC Colony,
Opposite SBI Bank, LB Nagar, Mansoorabad,
Rangareddi, Hyderabad – 500 074, Telangana, Indi
Phone: +91-40-48542753
Website: http://www.klmaxiva.com/

KLM Axiva Finvest NCD FAQs:

When is KLM Axiva Finvest NCD Open?

KLM Axiva Finvest NCD to open on February 15 and close on March 11, 2022.

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 ₹100 crores.

On Which platform the KLM Axiva Finvest NCD will list?

KLM Axiva Finvest NCD will list on BSE Platforms.

How to apply for KLM Axiva Finvest NCD?

You can apply from your existing Demat account online and offline.

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