11.57% KLM Axiva NCD February 2022


Last updated on March 11, 2022

NCD Subscription Allotment Status
KLM Axiva NCD February 2022

KLM Axiva NCD February 2022 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.

Promoters of KLM Axiva Finvest – Ms Biji Shibu

KLM Axiva NCD February 2022 Details

Subscription Dates15 February – 11 March 2022
Security TypeSecured, Redeemable, Non-Convertible Debentures
Face ValueINR1,000 per NCD
Issue PriceINR1,000 per NCD
Issue Size (Base)INR100 crore
Overall Issue Size (including oversubscription)INR200 crore
Minimum Lot size5 NCDs
Market Lot1 NCD
Tenor366 days
400 days
18 months
80 months
2 years
3 years
5 years
Credit RatingCARE BB+
Category ReservationCategory 1 (QIB): 10%
Category 2 (NII): 40%
Category 3 (Retail): 50%
Basis of AllotmentFirst Come First Serve
Listing OnBSE

KLM Axiva NCD February 2022 – Options and Coupon Rates

OptionTenureInterest PaymentCoupon RateEffective YieldMaturity Amount
Series 1366 daysMonthly9.75%10.20%INR1,000
Series 2400 daysCumulativeNA10.35%INR1,114
Series 318 months Cumulative NA10.59%INR1,163
Series 42 yearsMonthly10%10.47%INR1,000
Series 52 yearsAnnually10.25%10.25%INR1,000
Series 63 years Monthly 10.25%10.75%INR1,000
Series 7 3 years Annually 10.50%10.50%INR1,000
Series 8 5 years Monthly 11%11.57%INR1,000
Series 9 5 years Annually 11.25%11.25%INR1,000
Series 10 80 monthsCumulativeNA10.96%INR2,000

KLM Axiva Non Convertible Debentures Registrar

KFin Technologies Private Limited 
Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222 
 +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 February 2022 Subscription Status (no. of times)

Category 1 (QIB)Category 2 (NII)Category 3 (Retail)Total
11 Mar 20220.002.242.392.09
10 Mar 20220.002.232.312.04
9 Mar 20220.
8 Mar 20220.
7 Mar 20220.001.931.971.76
4 Mar 20220.001.751.761.63
3 Mar 2022 0.001.631.661.48
2 Mar 20220.001.521.491.38
28 Feb 20220.001.431.421.29
25 Feb 20220.
24 Feb 20220.
23 Feb 20220.
22 Feb 20220.000.990.990.89
21 Feb 20220.000.910.890.81
18 Feb 20220.000.710.650.61
17 Feb 20220.000.460.380.38
16 Feb 20220.000.380.290.30
15 Feb 20220.000.300.180.21

KLM Axiva NCD February 2022 Allotment Status

KLM Axiva NCD Feb 2022 allotment status will be updated at the website of KFin Technologies’ website. Click on this link to get allotment status.

KLM Axiva NCD February 2022 FAQs

What are KLM Axiva NCD Feb 2022 offer dates?

KLM Axiva NCD Feb 2022 offer opens on 15 February 2022 and closes on 11 March 2022. It should be noted that the NCD offer may be closed early in case of full subscription before the closing date.

What is the face value and lot size of KLM Axiva NCD Feb 2022?

The NCDs 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 Feb 2022?

The frequency of payment for KLM Axiva NCD Feb 2022 is Cumulative, Annually and Monthly.

What is basis of allotment in KLM Axiva NCD Feb 2022 offer?

KLM Axiva NCDs will be allotted on a First Come First Serve Basis.


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