| Issue Size (Base) | ₹125.00 Cr |
| Issue Size (Shelf) | ₹125.00 Cr |
| Face Value | โน1000 each NCD |
| Issue Price | โน1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 5 NCD |
| Min Order Amount | โน5000 |
| Listing at | BSE |
| Tenor | 400 days, 16, 82, 18 months, 2, 3, 5 years |
| Credit Rating | IND BBB-/Stable by India Ratings & Research Private Limited |
| Series | Series I to X |
| Payment Frequency | Monthly, Annual and Cumulative |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 571.77 | 102.25 | 0.53 | 64.07 |
| 31-Mar-21 | 824.18 | 126.52 | 7.14 | 83.93 |
| Amount in ₹ Crore | ||||
Ms. Biji Shibu is the promoter of the company.
The company proposes to utilise the funds which are being raised through the Issue:
| # | Issue Objects |
|---|
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Cumulative | Monthly | Monthly | Annual | Monthly | Annual | Monthly | Annual | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 400 Days | 16 Months | 18 Months | 2 Years | 2 Years | 3 Years | 3 Years | 5 Years | 5 Years | 82 Months |
| Coupon (% per Annum) | 8.75% | NA | 9.10% | 9.25% | 9.50% | 9.50% | 9.75% | 10.50% | 10.75% | NA |
| Effective Yield (% per Annum) | 9.11% | 9.45% | 9.49% | 9.65% | 9.50% | 9.92% | 9.75% | 11.02% | 10.75% | 10.68% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,128.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 2,000.00 |
The NCDs proposed to be issued under this Issue have been rated "IND BBB-/Stable", by India Ratings & Research Private Limited ("India Ratings") for an amount up to โน 25,000 lakhs.
KLM Axiva Finvest Limited is a Non-govt company, incorporated on 28 Apr, 1997. It's a public unlisted company and is classified as 'company limited by shares'.
KLM provides a host of benefits along with competitive interest rates for its valuable customers. Non-Convertible Debentures (NCDs) are attractive investment option for the higher rate of interests that they offer, risk-free nature and tradability. NCDs offer greater liquidity and safety thereby giving the investor a better investment avenue.
This company provides services in the following segments :-