11.02% KLM Axiva Finvest NCD September 2022 Details – IPO Watch
Written by Lucky Wilson | KGTO Writer on September 21, 2022
KLM Axiva Finvest Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on September 15, 2022. 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, 82, 18 months, 2, 3, 5 years. Check out KLM Axiva Finvest NCD 2022 details here.
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 NCD September 2022 Issue Details
| NCD Issue Open | September 15, 2022 |
| NCD Issue Close | October 12, 2022 |
| NCD Issue Size | Base: 100 Cr. | Shelf: 100 Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 11.02% ** (Annually) |
| Minimum Investment | 1 Bond (₹1,000) |
| Listing on | BSE Platform |
| Credit Rating | IND BBB-/Stable by India Ratings & Research Private Limited |
| Tenor | 400 days, 16, 82, 18 months, 2, 3, 5 years |
| Basis of Allotment | First Come First Serve Basis |
KLM Axiva Finvest NCD September 2022 Promoters
How to Apply KLM Axiva Finvest NCD September 2022 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 September 2022 Tenure & Interest Rates
| Series | Tenure | Payment | Coupon | Eff. Yield |
| I | 400 Days | Monty | 8.75% | 9.11% |
| II | 16 Month | Cumu. | NA | 9.47% |
| III | 18 Month | Month | 9.10% | 9.49% |
| IV | 2 years | Month | 9.25% | 9.65% |
| V | 2 years | Annual | 9.50% | 9.50% |
| VI | 3 years | Month | 9.50% | 9.92% |
| VII | 3 years | Annual | 9.75% | 9.75% |
| VIII | 5 years | Month | 10.50% | 11.01% |
| IX | 5 years | Month | 10.75% | 10.75% |
| X | 82 Month | Cumm. | N/A | 10.68 |
KLM Axiva Finvest NCD September 2022 Lead Manager
- Vivro Financial Services Private Limited
KLM Axiva Finvest NCD September 2022 Allotment Status
- KLM Axiva Finvest NCD issue allotment available on KFintech
KLM Axiva Finvest NCD September 2022 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://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
Email: [email protected]
Website: http://www.klmaxiva.com/
KLM Axiva Finvest NCD September 2022 FAQs:
When is KLM Axiva Finvest NCD Open?
KLM Axiva Finvest NCD is to open on September 15 and close on October 12, 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 and NSE Platforms.
How to apply for KLM Axiva Finvest NCD?
You can apply from your existing Demat account online and offline.
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