KLM Axiva Finvest NCD 2022 are Open on 15 February 2022 and to close on 11 March 2022. The Company will offer 11.57% interest rates on the NCD Bonds. And NCD tenure will be applicable for 365 Days, 400 Days, 18 months, 2 Years, 3 Years, 5 Years, and 80 months. The company will raise a Base fund of ₹100 crores and ₹100 crores Shelf Fund through this NCD, the company has fixed the NCD price band at ₹1000 for this according to the face value of ₹1000.
KLM Axiva Finvest is a non-deposit-taking systemically important non-banking finance company (“NBFC”) primarily serving low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels. We had originally obtained a Certificate of Registration in the name of Needs Finvest Limited dated December 13, 1997, bearing registration no. 09.00006 issued by the RBI to commence the business of non-banking financial institutions without accepting public deposits subject to the conditions mentioned in the Certificate of Registration under Section 45 IA of the RBI Act.
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The Company operate primarily in four business verticals:
(i) gold loan business, lending money against the pledge of household jewelry,
(ii) micro, small and medium enterprises loan,
(iii) personal loan and
(iv) microfinance loan to women customers.
As of August 31, 2021, we operate through 285 branches across four states namely Kerala, Karnataka, Tamil Nadu, and Telangana managed through our corporate office located at Kochi.
KLM Axiva Finvest NCD Review :
■ Apply Your Own Risk Or AVOID
KLM Axiva Finvest NCD Security Name :
■ KLM Axiva Finvest Limited
KLM Axiva Finvest NCD Security Type :
■ Secured redeemable non-convertible debentures
KLM Axiva Finvest NCD Ratings
| Agency | Rating |
| CARE | BB+ Positive |
KLM Axiva Finvest NCD 2022 Issue Details :
| Issue Open | 15 February 2022 |
| Issue Close | 11 March 2022 |
| Issue Base Size | ₹100 Cr. |
| Issue Shelf Size | ₹100 Cr. |
| Price Band | ₹1000 Per NCD |
| Face Value | ₹1000 Each NCD |
| Interest Rate | 11.57% Annual |
| Listing on | BSE Platform |
KLM Axiva Finvest NCD Market Lot :
| Market Lot : | 1 NCD |
| Minimum Lot size : | 5 NCD |
| Minimum Investment : | ₹5,000 |
KLM Axiva Finvest NCD 2022 Issue Tenure & Interest Rates :
| SR | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Tenure | 366 Days | 400 Days | 18 Month | 2 Years | 2 Years | 3 Years | 3 Years | 5 Years | 5 Years | 80 Month |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Interest | Monthly | Cumulative | Cumulative | Monthly | Annual | Monthly | Annual | Monthly | Annual | Cumulative |
| Coupon Rate | 9.75% | N/A | N/A | 10.00% | 10.25% | 10.25% | 10.50% | 11.00% | 11.25% | N/A |
| Effective Yield | 10.20% | 10.35% | 10.59% | 10.47% | 10.25% | 10.75% | 10.50% | 11.57% | 11.25% | 10.96% |
| Maturity | 1000 | 1164 | 1163 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 2000 |
About KLM Axiva Finvest Company
KLM Axiva Finvest Company is a non-deposit-taking systemically important non-banking finance company (“NBFC”) primarily serving low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels. We operate primarily in four business verticals: (i) gold loan business, lending money against the pledge of household jewelry, (ii) micro, small, and medium enterprises loan, (iii) personal loan, and (iv) microfinance loan to women customers.
As of September 30, 2021, March 31, 2021, March 31, 2020 and March 31, 2019, our AUM was ₹ 94,170.90 lakhs, ₹ 74,730.11 lakhs, ₹ 51,354.53 lakhs and ₹ 37,383.27 lakhs, respectively. Our AUM increased at a CAGR of 41.39% from ₹ 37,383.27 lakhs as of March 31, 2019 to ₹ 74,730.11 lakhs as of March 31, 2021.
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Company Strengths
- Diversified product offerings present significant growth opportunities
- Growing distribution network
- Satisfactory customer service
- Effective risk management system including appraisal, internal audit and inspections.
- Experienced management team and skilled personnel
Company Promoters :
■ Alexander John Joseph
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
KLM Axiva Finvest Lead Managers :
Vivro Financial Services Private Limited
607/608 Marathon Icon, Opp. Peninsula Corporate Park,
Off. Ganpatrao Kadam Marg,
Veer Santaji Lane, Lower Parel,
Mumbai – 400 013, Maharashtra, India
Telephone: +91 22 6666 8040/41/42;
Email: [email protected]
Website: www.vivro.net
KLM Axiva Finvest Debenture Trustee :
Vistra ITCL (India) Limited
The IL&FS Financial Centre,
Plot No. C – 22, G Block,
Bandra Kurla Complex,
Bandra (East), Mumbai – 400 051,
Maharashtra, India
Telephone: +91 22 2659 3333;
Email: [email protected]
Website: www.vistraitcl.com
KLM Axiva Finvest NCD Registrar :
Kfin Technologies Private Limited
Selenium Tower B, Plot 31-32, Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Rangareddi –500 032, Telangana, India
Telephone: +91 40 6716 2222
Facsimile: +91 40 2343 1551
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com
Company Address :
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 2022 FAQs:
What is KLM Axiva Finvest NCD 2022?
KLM Axiva Finvest NCD is Security Bond.
When KLM Axiva Finvest NCD 2022 will open?
The KLM Axiva Finvest NCD is to open on 15 February 2022 – 11 March 2022.
What is the KLM Axiva Finvest NCD 2022 Size?
KLM Axiva Finvest NCD size is ₹200 Crores.
What is the issue Shelf size of KLM Axiva Finvest NCD 2022?
The shelf size of KLM Axiva Finvest NCD ₹100 Cr.
What is the issue Base size of KLM Axiva Finvest NCD 2022?
The Base size of KLM Axiva Finvest NCD ₹100 Cr.
What is KLM Axiva Finvest NCD 2022 Price Band?
KLM Axiva Finvest NCD Price Band is ₹1000 Per NCD.
What is KLM Axiva Finvest NCD Minimum Lot Size?
The KLM Axiva Finvest NCD Minimum Lot Size 5.
What is KLM Axiva Finvest NCD 2022 Interest Rate?
The KLM Axiva Finvest NCD 2022 Interest Rate is 11.57% Annual.
What is the KLM Axiva Finvest NCD Allotment Date?
KLM Axiva Finvest NCD allotment date is Not Declare.
What is KLM Axiva Finvest NCD Listing Date?
KLM Axiva Finvest NCD listing date is Not Declare. The NCD to list on BSE.
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