Issue Open | Jun 2, 2020 |
Issue Close | Jun 26, 2020 |
Issue Size (Base) | ₹100.00 Crores |
Issue Size (Shelf) | ₹125.00 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 | Jun 2, 2020 |
Bid/Offer Closes On | Jun 26, 2020 |
Record Date | |
Deemed Date of Allotment |
Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Tenure | 400 Days | 400 Days | 18 Months | 2 Years | 2 Years | 3 Years | 3 Years | 5 Years | 5 Years | 75 Months |
Frequency of Interest Payment | Monthly | Cumulative | Cumulative | Monthly | Yearly | Monthly | Yearly | Monthly | Yearly | Cumulative |
Minimum Application | Rs 5000 (5 NCDs) | |||||||||
In multiples of thereafter | 1 NCD after minimum app | |||||||||
Face Value of Secured NCDs (Rs / NCD) | Rs 1,000 | |||||||||
Issue Price (Rs / NCD) | Rs 1,000 | |||||||||
Mode of Interest Payment | Through various options | |||||||||
Coupon Rate (% per annum) | 11.00% | NA | NA | 11.25% | 11.50% | 11.50% | 11.75% | 11.75% | 12.00% | NA |
Coupon Type | Fixed | |||||||||
Redemption Amount (Rs / NCD) for Debenture Holders* | Rs 1,000 | Rs 1,123 | Rs 1,179 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 2,000 |
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 Ltd 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 NCDs proposed to be issued under this Issue have been rated "CARE BB+; Stable", by CARE Ratings Limited ("CARE Ratings") for an amount up to ?12,500 lakhs, vide its letter dated March 16, 2020 and revalidation letter dated May 22, 2020. The rating of NCDs by CARE Ratings indicates that instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Useful Articles
Add a public comment...
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc