KLM Axiva Finvest Limited NCD (KLM Axiva Finvest NCD February 2023) Detail

February 20, 2023 - March 3, 2023

KLM Axiva Finvest Ltd is a non-deposit taking non-banking finance company that primarily serves low and middle income individuals and businesses. It primarily operates in the four business verticals; 1. Gold Loan, 2. Micro, small, and medium enterprise loan, 3. Personal loan, and 4. Microfinance loan to women customers. As of 30 Sep 2021, its total AUM was reported to Rs. 94170.90 lakhs.

Product Portfolio

Gold Loans: Loans against pledging of household gold jewellery by individuals.
MSME Loans: Lending to small and medium size enterprises such as businessmen, manufacturers, traders, and self-employed professionals.
Personal Loans: Loans to individual customers against tangible collaterals.
Microfinance Loans: Lending money to women customers for their personal and business needs.
Vehicle Loans: 2 Wheeler loans to women customers.

As of 31 Dec, 2021, it has 342 branches across 4 states including Kerala, Karnataka, Tamil Nadu, and Telangana.

KLM Axiva Finvest NCD February 2023 Detail

Issue Open	February 20, 2023 - March 3, 2023
Security Name	KLM Axiva Finvest Limited
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)	Rs 125.00 Crores
Issue Size (Shelf)	Rs 125.00 Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	5 NCD
Market Lot	1 NCD
Listing At	BSE
Credit Rating	IND BBB-/Stable by India Ratings & Research Private Limited
Tenor	400 days, 16, 82, 18 months, 2, 3, 5 years
Series	Series I to X
Payment Frequency	Monthly, Annual and Cumulative
Basis of Allotment	First Come First Serve Basis
Debenture Trustee/s	Vistra Itcl India Limited

NCD Allocation Ratio

Category	NCD's Allocated
Institutional	10%
Non-Institutional	40%
Retail	50%

KLM Axiva Finvest Limited NCD Coupon Rates

#	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

NCD Rating

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 ₹ 25,000 lakhs.

Company Promoters

Ms. Biji Shibu is the promoter of the company.

Company Financials

KLM Axiva Finvest Limited Financial Information (Consolidated)
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

Objects of the Issue

The company proposes to utilise the funds which are being raised through the Issue:

1. For the purpose of onward lending, financing and repayment/prepayment of principal and interest on existing borrowings.

2. General Corporate Purposes

KLM Axiva Finvest NCD February 2023 Prospectus

› Draft Prospectus
› Red Herring Prospectus

KLM Axiva Finvest NCD February 2023 Rating

3.3

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KLM Axiva Finvest NCD February 2023 Reviews

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Company Contact Information

KLM Axiva Finvest Limited
Door No. 3-3-408/1, First Floor, RTC Colony,
Opposite SBI Bank, LB Nagar, Mansoorabad,
Rangareddi, Hyderabad – 500 074, Telangana, Indi

Phone: +91-40-48542753
Email: cs@klmaxiva.com
Website: http://www.klmaxiva.com/

KLM Axiva Finvest NCD February 2023 Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: klmaxiva.ncd@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/