NCD News of KLM Axiva Finvest NCD August 2023

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 ₹75.00 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) that primarily serves 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 August 2023 is rated IND BBB-/Stable by India Ratings & Research Private Limited.

The issue opens on Aug 24, 2023 and closes for subscription on Sep 6, 2023. The shares of the company to be list at BSE.

The public issue of KLM Axiva Finvest Limited opens on Aug 24, 2023 and closes for subscription on Sep 6, 2023.

The KLM Axiva Finvest NCD August 2023 are proposed to list at BSE.

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