KLM Axiva Finvest to Raise Up to Rs 15,000 Lakhs via NCDs

Kochi (Kerala) [India], July 20: KLM Axiva Finvest Ltd has announced the Company’s tenth public issue of secured redeemable non-convertible debentures with a face value of ₹Rs.1000. The base public issue size is ₹7,500 lakhs and the public issue limit will be with an option to retain over-subscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs with an option for additional subscription up to ₹7,500 lakhs. The NCD issue opened on 22nd July 2024 and will be closed on 2nd August 2024.

KLM Axiva Finvest will raise aggregating up to ₹7,500 lakhs (“base issue”) with an option to retain over-subscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs through secured, redeemable, non-convertible debentures.

The NCDs have ten different options for individual investors to choose from. Effective yield Returns will be at the rates of the various investment options ranging from 9.92% to 11.30% p.a. On various investment options having face value is ₹Rs.1000, with multiple investment tenure options ranging from 400 days to 79 months and the minimum investment amount is ₹Rs.5,000.

Investors can apply for NCDs through the branches of the Company and the BSE online platform. Application forms are available at https://klmaxiva.com/ncd. All investors proposing to participate in the public issue of NCDs of KLM Axiva Finvest Limited should invest only based on information contained in the Prospectus. Please see the section entitled “Risk Factors” beginning on page 17 of the Prospectus for risk in this regard.

“Entire funds raised through the NCD will be utilized for onward lending, financing, and repayment/prepayment of principal and interest on existing borrowings.

Kindly contact us at 18004257774 (Toll-Free Number) for any further information regarding the Public Issue.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Related Posts

The Skin Investment That’s Changing the Morning Routine of India’s Top Professionals

New Delhi [India], July 1: On a hectic summer morning, when the air feels thick with humidity and the day begins with a rush of meetings, deadlines, and non-stop movement,…

Building Sustainable Futures: Gohemp Transforms Crop Waste into Livelihood and Low-Carbon Homes

Mumbai (Maharashtra) [India], July 3: In a world grappling with climate change, toxic air, and rural unemployment, Gohemp Agroventures is reimagining how India builds — literally from the ground up.…

You Missed

The Skin Investment That’s Changing the Morning Routine of India’s Top Professionals

  • By
  • July 3, 2025
  • 1 views
The Skin Investment That’s Changing the Morning Routine of India’s Top Professionals

Building Sustainable Futures: Gohemp Transforms Crop Waste into Livelihood and Low-Carbon Homes

  • By
  • July 3, 2025
  • 1 views
Building Sustainable Futures: Gohemp Transforms Crop Waste into Livelihood and Low-Carbon Homes

Paramatrix Technologies Wins Deal with Leading NBFC for BI Platform XSIGHT

  • By
  • July 3, 2025
  • 1 views
Paramatrix Technologies Wins Deal with Leading NBFC for BI Platform XSIGHT

Sea Breeze Group Announces “La Wisteria” 80 boutique Luxe Apartments with Private Pools in Siolim, North Goa

  • By
  • July 3, 2025
  • 1 views
Sea Breeze Group Announces “La Wisteria”  80 boutique Luxe Apartments with Private Pools in Siolim, North Goa

MeshApp : Making Doctors’ Lives Easier with Easy Access, Smart Data, and Better Communication

  • By
  • July 3, 2025
  • 1 views
MeshApp : Making Doctors’ Lives Easier with Easy Access, Smart Data, and Better Communication

RDI Scheme: INR 1 Lakh Crore Push for India’s Brightest Minds

  • By
  • July 2, 2025
  • 2 views
RDI Scheme: INR 1 Lakh Crore Push for India’s Brightest Minds