KLM Axiva Finvest NCD August 2023 – Effective Yield 11.02% p.a.

KLM Axiva Finvest Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on August 24, 2023. KLM Axiva Finvest will offer 11.02% interest rates on the NCDs. KLM Axiva Finvest NCD has a rating of IND BBB-/Stable by India Ratings & Research Private Limited. The NCDs tenure is for 400 days, 16, 18, 82 months, and 2, 3, 5 years. Check out KLM Axiva Finvest NCD 2023 details here.
KLM Axiva Finvest

Table of Contents

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 Tranche I NCD August 2023 Details

NCD Issue OpenAugust 24, 2023
NCD Issue CloseSeptember 6, 2023
NCD Issue SizeBase: 75 Cr. | Shelf: [.] Cr.
Price Band₹1000 per NCD
Interest RateUp to 11.02% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE Platform
Credit RatingIND BBB-/Stable by India Ratings & Research Private Limited
Tenor400 days, 16, 18, 82 months, and 2, 3, 5 years
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

KLM Axiva Finvest NCD August 2023 Promoters

  • Ms. Biji Shibu

How to Apply KLM Axiva Finvest NCD August 2023 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

KLM Axiva Finvest NCD Review

  • Avoid

KLM Axiva Finvest NCD August 2023 Tenure & Interest Rates

#TenurePaymentCouponEff. Yield
1400 DaysMonthly9.00%9.38%
216 MonthsCumulativeNA9.60%
318 MonthsMonthly9.35%9.76%
42 YearsMonthly9.50%9.92%
52 YearsAnnual9.75%9.75%
63 YearsMonthly9.75%10.20%
73 YearsAnnual10.00%10.00%
85 YearsMonthly10.50%11.02%
95 YearsAnnual10.75%10.75%
1082 MonthsCumulativeNA10.68%

KLM Axiva Finvest NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional40%
HNI-%
Retail50%

KLM Axiva Finvest NCD August 2023 Lead Manager

  • Vivro Financial Services Private Limited

KLM Axiva Finvest NCD August 2023 Allotment Status

  • KLM Axiva Finvest NCD issue allotment available on KFintech.

KLM Axiva Finvest NCD August 2023 Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Company Information

KLM Axiva Finvest Limited
Door No. 8-13, Plot No. 39, First Floor, Ashoka Co
mplex, Mythripuram Colony, Gayathrinagar X Road,
Vaishalinagar P.O., Hyderabad, Telangana-500 079
Phone: +91-40-3516 2071
Email: infoklmaxiva.com
Website: https://klmaxiva.com/

KLM Axiva Finvest NCD August 2023 FAQs:


When is KLM Axiva Finvest NCD Open?

KLM Axiva Finvest NCD is to open on August 24 and close on September 6, 2023.

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 ₹75 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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