KLM Axiva Finvest NCD Bonds 2021 are Open on 30 September 2021 and to close on 26 October 2021. The Company will offer 11.57% interest rates on the NCD Bonds. And NCD tenure will be applicable for 366 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 a Shelf fund of ₹100 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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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 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
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 | AA |
| ICRA | AA, Outlook Negative |
KLM Axiva Finvest NCD Bonds Issue Details :
| Issue Open : | 30 September 2021 |
| Issue Close | 26 October 2021 |
| 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 Lot |
| Minimum Lot size : | 5 NCD |
| Minimum Investment : | ₹5,000 |
KLM Axiva Finvest NCD Bond 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 | 10.00% | N/A | N/A | 10.25% | 10.50% | 10.50% | 10.75% | 11.00% | 11.25% | N/A |
| Effective Yield | 10.47% | 10.35% | 10.59% | 10.75% | 10.50% | 11.02% | 10.75% | 11.57% | 11.25% | 10.96% |
| Maturity | 1000 | 1114 | 1163 | 1000 | 1000 | 1000 | 1000 | 1000 | 1000 | 2000 |
About Klm Axiva Finvest Company
We are 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 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. As of March 31, 2021, March 31, 2020 and March 31, 2019, our AUM was ₹ 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
KLM Axiva Finvest Board of Directors :
| Name | Designation |
| Alexander John Joseph | Non-Executive Chairman |
| Shibu Theckumpurath Varghese | Whole Time Director |
| Ms. Biji Shibu | Non- Executive Director |
| Mr. Issac Jacob | Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
KLM Axiva Finvest NCD 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 – 400013,
Maharashtra, India
Telephone: +91 22 6666 8040/41/42
Email: [email protected]
Investor Grievance Id: [email protected]
Website: www.vivro.net
KLM Axiva Finvest NCD 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]
Investor Grievance 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
Toll-free number: 18003454001
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Company Address :
KLM Axiva Finvest Limited
Door No. 3-3-408/1, First Floor,
RTC Colony, LB Nagar, Mansoorabad, Rangareddi,
Hyderabad – 500 074, Telangana, India
Phone: +91-40-48542753
Email: [email protected]
Website: https://www.klmaxiva.com/
KLM Axiva Finvest NCD FAQs:
What is KLM Axiva Finvest NCD?
KLM Axiva Finvest NCD is Security Bond.
When KLM Axiva Finvest NCD will open?
The KLM Axiva Finvest NCD is to open on 30 Sep 2021 – 26 Oct 2021.
What is the KLM Axiva Finvest NCD Size?
KLM Axiva Finvest NCD size is ₹100 Crores.
What is the issue Shelf size of Klm Axiva Finvest NCD?
The Fresh issue size of KLM Axiva Finvest NCD ₹100 Cr.
What is KLM Axiva Finvest NCD 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 Interest Rate?
The KLM Axiva Finvest NCD 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 IPO to list on BSE.
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