NCD News of KLM Axiva Finvest NCD November 2024

KLM Axiva Finvest Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹50 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹[.] Crores.

Incorporated in 1997, KLM Axiva Finvest Ltd is a non-deposit-taking systemically important non-banking finance company (NBFC Middle Layer) primarily serving low- and middle-income individuals and businesses.

Allotment of the NCD's will be done on First Come First Serve Basis.

KLM Axiva Finvest NCD November 2024 is rated

ACUITE BBB/Stable by Acuite Ratings & Research Limited and IND BBB/Stable by India Ratings & Research Private Limited.

The issue opens on Nov 14, 2024 and closes for subscription on Nov 28, 2024. The shares of the company to be list at BSE.

The public issue of KLM Axiva Finvest Limited opens on Nov 14, 2024 and closes for subscription on Nov 28, 2024.

The KLM Axiva Finvest NCD November 2024 are proposed to list at BSE.

Allotment of the NCD's will be done on First Come First Serve Basis.