KLM Axiva Finvest NCD

Issue price
₹1000
Face Value
₹1000/NCD
Issue Size
₹1000 Crores
Minimum Investment
₹10000 (10 NCDs)
Rating
BBB-/Stable by India Ratings
Listing on
NA
Issue Opening Date
20 February 2023
Issue Closing Date
03 February 2023
Mode of Issue
Demat
Registrar
KFIN TECH0
Mode of allotment and Trading
Demat

About The Issuer

Incorporated in 1997 KLM Axiva Finvest Ltd is a non-deposit taking non-banking finance company that primarily serves low and middle income individuals and businesses. It primarily operates in the four business verticals; 1. Gold Loan, 2. Micro, small, and medium enterprise loan, 3. Personal loan, and 4. Microfinance loan to women customers. Its loan customers are typically businessmen, vendors, traders, farmers, salaried individuals and families. As per the financial data 31/03/22, the company has a Total Assets of Rs. 1472 Crore, Total Liabilities and Borrowings of Rs. 1281, Total Revenue of Rs. 186 Crore and Total Profit after Tax of Rs. 11 Crore.

Particulars
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