{"id":38114,"date":"2024-11-15T11:20:50","date_gmt":"2024-11-15T05:50:50","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2024\/11\/15\/klm-axiva-finvest-to-raise-up-to-rs-10000-lakhs-through-ncd\/"},"modified":"2024-11-15T11:20:50","modified_gmt":"2024-11-15T05:50:50","slug":"klm-axiva-finvest-to-raise-up-to-rs-10000-lakhs-through-ncd","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2024\/11\/15\/klm-axiva-finvest-to-raise-up-to-rs-10000-lakhs-through-ncd\/","title":{"rendered":"KLM Axiva Finvest To Raise Up to Rs 10,000 Lakhs Through NCD"},"content":{"rendered":"
\n

\"KLM\"<\/p>\n

Kochi (Kerala) [India], November 14: <\/strong>KLM Axiva Finvest Limited has announced the Company\u2019s eleventh public issue of secured redeemable Non-Convertible Debentures (NCDs) with a face value of \u20b91000. The base issue size of the public issue size is \u20b95000 lakhs with an option to retain oversubscription up to \u20b95000 lakhs, aggregating up to \u20b910,000 lakhs.\u00a0The NCD issue opened on Thursday, 14th November 2024, and will be closed on Thursday, 28th<\/sup>\u00a0November 2024<\/strong>.<\/p>\n

The NCDs offer ten different investment options for individual investors to choose from. Effective yield for various investment options is ranging from 9.92% p.a. to 11.30% p.a. The face value of NCDs is \u20b91000, with multiple investment tenures ranging from 400 days to 79 months, and the minimum investment amount is \u20b95,000.<\/p>\n

Investors can apply for NCDs through the company\u2019s branches and the BSE online platform. Application forms are available at\u00a0https:\/\/klmaxiva.com\/ncd<\/a>. All investors proposing to participate in the public issue of NCDs of KLM Axiva Finvest Limited should invest only based on information contained in the Prospectus. Please see the section entitled \u201cRisk Factors\u201d beginning on page 18 of the Prospectus for risk in this regard.<\/p>\n

\u201cEntire funds raised through the NCD will be utilized for onward lending, financing, and repayment\/prepayment of principal and interest on existing borrowings and general corporate purposes \u201c, said Mr. T. P.\u00a0Sreenivasan, Chairman, of KLM Axiva Finvest Ltd.<\/p>\n

Kindly contact us at +91-9961033333 for any further information regarding the Public Issue.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Kochi (Kerala) [India], November 14: KLM Axiva Finvest Limited has announced the Company\u2019s eleventh public issue of secured redeemable Non-Convertible Debentures (NCDs) with a face value of \u20b91000. The base … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":38115,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-38114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/38114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=38114"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/38114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/38115"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=38114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=38114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=38114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}