Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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| Issue Open | September 30, 2021 |
| Issue Close | October 26, 2021 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹100.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | September 30, 2021 |
| Bid/Offer Closes On | October 26, 2021 |
| Record Date | |
| Deemed Date of Allotment |
| Tenor | 366 Days | 400 Days | 18 Months | 2 Years | 2 Years | 3 Years | 3 Years | 5 Years | 5 Years | 80 Months |
| Type of Instrument | Secured NCDs | |||||||||
| Series | 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 | Cumulative | Monthly | Annual | Monthly | Annual | Monthly | Annual | Cumulative |
| Coupon Rate % Per Annum | 10.00% | NA | NA | 10.25% | 10.50% | 10.50% | 10.75% | 11.00% | 11.25% | NA |
| Amount on Maturity | Rs.1,000 | Rs.1,114 | Rs.1,163 | Rs.1,000 | Rs.1,000 | Rs.1,000 | Rs.1,000 | Rs.1,000 | Rs.1,000 | Rs.2,000 |
| Effective Yield (%) | 10.47% | 10.35% | 10.59% | 10.75% | 10.50% | 11.02% | 10.75% | 11.57% | 11.25% | 10.96% |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check Klm Axiva Finvest Limited NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The issue has been rated “CARE BB+; Stable” by CARE Ratings Limited. Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.
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