[.]| Listing at BSE | Thu, Sep 15, 2022 - Wed, Oct 12, 2022
The KLM Axiva Finvest NCD September 2022 issue opens on September 15, 2022 and closes on October 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.
| Bid/Offer Opens On | September 15, 2022 |
| Bid/Offer Closes On | October 12, 2022 |
Sorry, KLM Axiva Finvest NCD September 2022 Red Herring Prospectus is not available at this time.
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 following categories of persons are eligible to apply in the Issue:
The KLM Axiva Finvest NCD September 2022 consists of a base issue and a shelf issue.
Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.
Shares offered in KLM Axiva Finvest NCD September 2022 are as below:
| Category 1 (QIB) | 100000 |
| Category 2 | 400000 |
| Category 3 (HNI) | 500000 |
| Category 4 (Retail) | 0 |
No, NRI's are not eligible to apply in this Issue.
You could check KLM Axiva Finvest NCD September 2022 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 NCD's are proposed to be listed on BSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check KLM Axiva Finvest Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
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.
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 Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
