Chittorgarh.com Logo
Loading...
KLM Axiva Finvest NCD September 2022 Detail
Issue Open Sep 15, 2022
Issue Close Oct 12, 2022
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹100.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE

KLM Axiva Finvest NCD September 2022 Date & Price

The KLM Axiva Finvest NCD September 2022 issue opens on Sep 15, 2022, and closes on Oct 12, 2022, for the subscription.

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.

KLM Axiva Finvest Limited NCD IPO dates are as below:

KLM Axiva Finvest NCD September 2022 Issue Timetable

Bid/Offer Opens OnSep 15, 2022
Bid/Offer Closes OnOct 12, 2022
Record Date
Deemed Date of Allotment

KLM Axiva Finvest NCD September 2022 Draft Red Herring Prospectus (DRHP) PDF

Sorry, KLM Axiva Finvest NCD September 2022 Red Herring Prospectus is not available at this time.

KLM Axiva Finvest NCD September 2022 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for KLM Axiva Finvest NCD September 2022 is Monthly, Annual and Cumulative.

KLM Axiva Finvest NCD September 2022 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Oct 12, 2022. The bid may close earlier in case it is fully subscribed.

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
Tenor 400 days 16 months 18 months 2 years 2 years 3 years 3 years 5 years 5 years 82 months
Coupon Rate (Retail) 8.75% NA 9.10% 9.25% 9.50% 9.50% 9.75% 10.50% 10.75% NA
Effective Yield (% per Annum) 9.11% 9.47% 9.49% 9.65% 9.50% 9.92% 9.75% 11.02% 10.75% 10.68%
Amount on Maturity Rs 1,000 Rs 1,128 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 1,000 Rs 2,000

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 400 days, 16, 82, 18 months, 2, 3, 5 years.

KLM Axiva Finvest NCD September 2022 Issue Size and Subscription Status

The KLM Axiva Finvest NCD September 2022 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹100.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in KLM Axiva Finvest NCD September 2022 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

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.

KLM Axiva Finvest NCD September 2022 Allotment and Listing

The NCD's are proposed to be listed on BSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The KLM Axiva Finvest Limited Allotment Status is not available online at this time.

The KLM Axiva Finvest Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price KLM Axiva Finvest NCD September 2022 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

KLM Axiva Finvest Limited NCD - Should I apply?

The NCDs proposed to be issued under this Issue have been rated IND BBB-/Stable", by India Ratings & Research Private Limited for an amount up to Rs. 20,000 crores. Instruments with such ratings are considered to have a moderate risk of default regarding timely servicing of financial obligations.

Sorry, we do not provide NCD recommendations. But we share a lot of information about KLM Axiva Finvest NCD September 2022 which could help you with questions like KLM Axiva Finvest NCD September 2022 buy or not? You should also read KLM Axiva Finvest NCD September 2022 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

KLM Axiva Finvest Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.

Comments

Add a public comment...