KLM Axiva Finvest Limited NCD
(i) KLM Axiva Finvest Limited is a non-deposit taking and non-systematically 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.
(ii) They operate primarily in three business verticals
(a) Gold loan business, lending money against the pledge of household jewelry.
(b) Micro, small and medium enterprises loan.
(c) Personal loan. Further, as a part of our offerings.
(iii) They also provide microfinance loan to women customers and vehicle loan. As on July 31, 2018, They operate through 76 branches across three states namely Kerala, Karnataka and Tamil Nadu managed by our corporate office located at Kochi.
(iv) As of March 31, 2017 and February 28, 2018, our AUM was ₹ 9,135.68 Lakhs and ₹ 18,131.44 Lakhs, respectively. Our AUM increased at a CAGR of 183.63% from ₹ 1,135.67 Lakhs as of March 31, 2015 to ₹ 9,135.68 Lakhs as of March 31, 2017.
Objective of NCD KLM Axiva Finvest Limited NCD:
KLM Axiva Finvest Limited NCDare: 1. For the purpose of onward lending, financing and for repayment of interest and principal of existing borrowings 2. General Corporate Purposes
KLM Axiva Finvest Limited NCD Details:
|Open Date:||Sep 27 2018|
|Close Date:||Oct 26 2018|
|Issue Type:||Fixed Price Issue NCD|
|Issue Size:||₹ 100 Cr.|
|Face Value:||₹ 1000 Per NCD|
|Market Lot:||1 NCD|
|Minimum Order Quantity:||5 NCD|
Post Tax returns:
Lead Manager of KLM Axiva Finvest Limited NCD:
- Vivro Financial Services Private Limited
Registrar of KLM Axiva Finvest Limited NCD:
- Karvy Computershare Private Limited