KLM Axiva Finvest Limited NCD public issue, Jul 2024

Prospectus filed with BSE on 19 Jul 2024. This issue's prospectus has been filed. Subscription window (from prospectus cover): 2024-07-22 → 2024-08-02. Verify on the linked prospectus; windows can change.

Issue Rating

BBB / Stable (Acuité) · BBB- / Stable (India Ratings)

Rating of this issue, from the prospectus

Issuer's Rating on Its Listed Bonds

BBB (Acuité, NSDL record 2025)

Latest rating on the issuer's other listed bonds — not this issue's rating

Face Value

₹1,000 per NCD

Minimum Application

5 NCDs (₹5,000)

Security

Secured

Default Series

Series I

Allotted when an application names no series

Subscription Opens

2024-07-22

From prospectus Issue Programme

Subscription Closes

2024-08-02

As printed; may be extended / closed early

Listing Exchange

BSE

Base Issue Size

₹150.00 Cr

Overall Issue Size (incl. green shoe)

₹75.00 Cr

Issuer's Active Bonds on File

Series Terms 10

Series	Tenor	Coupon Rate	Frequency	Effective Yield
Series I	400 days	9.50%	Monthly	9.92%
Series II	16 months	—	Cumulative (at maturity)	9.96%
Series III	18 months	9.85%	Monthly	10.31%
Series IV	2 years	10.00%	Monthly	10.47%
Series V	2 years	10.25%	Annual	10.25%
Series VI	3 years	10.25%	Monthly	10.75%
Series VII	3 years	10.50%	Annual	10.50%
Series VIII	5 years	10.75%	Monthly	11.30%
Series IX	5 years	11.00%	Annual	11.00%
Series X	79 months	—	Cumulative (at maturity)	11.10%

Issue Features (from the prospectus)

Security	Secured, redeemable, non-convertible debentures; security cover of 100%
Early redemption	No call or put option found in the prospectus

Filed Documents

BSE Scrip Code	936338
DRHP Filed	2024-06-29
Draft Prospectus (DRHP)	View document ↗
Final Prospectus	View document ↗

Risk warning: This page restates filing data as published by BSE and, where available, terms extracted from the issuer's own prospectus. It is for informational purposes only and does not constitute investment advice, a recommendation to apply for this issue, or a view on allotment. The issue rating shown is the rating of this issue as printed in its prospectus; ratings can change after filing. The issuer's rating on its listed bonds is the latest rating on its other outstanding bonds, not the rating of this issue. Ratings are the opinion of the rating agency, not RetailBonds.in. Verify all details against the linked prospectus before making any decision. See our methodology and full disclaimer.

← NCD Subscription · Filings tracker