Friday, October 01, 2021

11.57% Klm Axiva Finvest NCD September 2021 Date, Rating & Interest Rates

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

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: klm.ncd@kfintech.com
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: csteam@iifl.com
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.

Open FREE Demat Account