KLM Axiva Finvest Limited, founded in 1997, is a non-deposit taking systemically important non-banking finance company (NBFC) dedicated to helping low- to middle-income individuals and businesses who struggle to access traditional banking services. They focus on four main areas:1) Gold loan business, which is lending money to individuals against keeping their gold jewelry 2) Micro, small, and medium enterprises loan, lending money to small, medium ventures like businessmen and manufacturers, 3) Personal loan, offering loan to the people against tangible collaterals 4) microfinance loan, empowering women by funding their personal or business-related needs. As of September 30, 2024, they have 670 branches across six states: Kerala, Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, and Maharashtra. These branches are managed from their corporate office in Kochi.
KLM Axiva Finvest NCD November 2024 Details
| NCD Issue Open | November 14, 2024 |
| NCD Issue Close | November 28, 2024 |
| NCD Issue Size | Base: 50 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.10% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB/Stable by India Ratings & Research Private Limited. |
| Tenor | 400 days, 16, 18 and 79 Months, 2 , 3 and 5 Years |
| Basis of Allotment | First Come First Serve Basis |
| DRHP Document | Click Here |
| RHP Document | Click Here |
KLM Axiva Finvest NCD November 2024 Promoters
- The Promoter of the company is Biji Shibu.
How to Apply KLM Axiva Finvest NCD November 2024 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 November 2024 Tenure & Interest Rates
| Opt | Tenure | Payment | Coupon | Eff. Yield |
| 1 | 400 Days | Month | 9.50% | 9.92% |
| 2 | 16 Months | Cumu. | NA | 9.96% |
| 3 | 18 Months | Month | 9.85% | 10.31% |
| 4 | 2 Years | Month | 10.00% | 10.47% |
| 5 | 2 Years | Annual | 10.25% | 10.25% |
| 6 | 3 Years | Month | 10.25% | 10.75% |
| 7 | 3 Years | Annual | 10.50% | 10.50% |
| 8 | 5 Years | Month | 10.75% | 11.30% |
| 9 | 5 Years | Annual | 11.00% | 11.00% |
| 10 | 79 Months | Cumu. | NA | 11.10% |
KLM Axiva Finvest NCD Allocation Ratio
| Category | Allocation |
| Institutional | 10% |
| Non-Institutional | 40% |
| HNI | -% |
| Retail | 50% |
KLM Axiva Finvest NCD November 2024 Lead Manager
- Vivro Financial Services Private Limited
KLM Axiva Finvest NCD November 2024 Allotment Status
- KLM Axiva Finvest NCD issue allotment available on KFintech.
KLM Axiva Finvest NCD November 2024 Registrar
Kfin Technologies 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://kosmic.kfintech.com/ipostatus/
Company Information
KLM Axiva Finvest Limited
Door No. 8-13, Plot No. 39, First Floor, Ashoka
Complex, Above Indian Bank, Mythripuram Colony,
GayathrinagarX Road, Vaishalinagar P.O., Hyderabad
Phone: +91-40-3516 2071
Email: [email protected]
Website: https://klmaxiva.com/
