11.25% KLM Axiva NCD September 2021

1
NCD Subscription Allotment Status
KLM Axiva NCD Sep 2021

KLM Axiva NCD Sep 2021 description – The 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.

The company operates primarily in four business verticals: (i) gold loan business, lending money against the pledge of household jewellery, (ii) micro, small and medium enterprises loan, (iii) personal loan and (iv) microfinance loan to women customers. As on 31 August 2021, it operated through 285 branches across four states namely Kerala, Karnataka, Tamil Nadu and Telangana managed through its corporate office located at Kochi.

Its loan customers are typically businessmen, vendors, traders, farmers, salaried individuals and families, who for reasons of convenience, accessibility or necessity, avail of the company’s credit facilities.

Promoter of KLM Axiva Finvest – Ms Biji Shibu


KLM Axiva NCD September 2021 details

Subscription Dates30 September – 26 October 2021
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR100 crore
Issue Size (including oversubscription)INR200 crore
Minimum Lot size5 NCDs
Market Lot1 NCD
Tenor366 days
400 days
18 months
2 years
3 years
5 years
80 months
Credit RatingCARE BB+/Stable outlook
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 40%
Category 3 (Retail): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

KLM Axiva NCD September 2021 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon Rate Effective Yield Maturity Amount
Series 1366 daysMonthly10.00%10.47%INR1,000
Series 2400 daysCumulativeNA10.35%INR1,114
Series 318 monthsCumulative NA10.59%INR1,163
Series 42 yearsMonthly10.25%10.75%INR1,000
Series 5 2 years Annual 10.50%10.50%INR1,000
Series 6 3 years Monthly10.50%11.02%INR1,000
Series 7 3 years Annual10.75%10.75%INR1,000
Series 8 5 years Monthly11.00%11.57%INR1,000
Series 9 5 years Annual11.25%11.25%INR1,000
Series 1080 monthsCumulative NA10.96%INR2,000

Registrar of KLM Axiva Non Convertible Debentures

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: [email protected]
Website: www.kfintech.com


KLM Axiva NCD Documents


KLM Axiva Contact Details

KLM Axiva Finvest Limited
4th Floor, Door No.1871A24, VM Plaza, Palarivattom, Ernakulam- 682 025, Kerala
Phone: +91 484-4281 111
Email: [email protected]
Website: www.klmaxiva.com


KLM Axiva NCD September 2021 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII) Category 3 (Retail) Total
19 Oct 20210.001.701.461.41
18 Oct 20210.001.701.461.41
14 Oct 2021 0.001.521.331.27
13 Oct 2021 0.001.331.231.15
12 Oct 2021 0.001.281.161.09
11 Oct 20210.001.191.051.00
8 Oct 20210.001.000.790.80
7 Oct 20210.000.980.780.78
6 Oct 20210.000.930.670.71
5 Oct 20210.000.810.540.59
4 Oct 20210.000.670.360.45
1 Oct 20210.000.560.270.36
30 Sep 20210.000.390.120.21

KLM Axiva NCD September 2021 Allotment Status

KLM Axiva NCD Sep 2021 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.


KLM Axiva NCD Sep 2021 FAQs

What are KLM Axiva NCD Sep 2021 offer dates?

KLM Axiva NCD Sep 2021 offer opens on 30 September 2021 and closes on 26 October 2021. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.

What is basis of allotment in KLM Axiva NCD September 2021 offer?

KLM Axiva NCD’s will be allotted on a First Come First Serve Basis.

What is the face value and lot size of KLM Axiva NCD September 2021?

The NCD’s will be issued at a face value of INR1,000 each NCD and the minimum lot size is 5 NCDs.

What is the frequency of interest payment in KLM Axiva NCD Sep 2021?

The frequency of payment for KLM Axiva NCD Sep 2021 is Monthly, Annual and Cumulative.

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