Close Menu
PNN DigitalPNN Digital
    Facebook X (Twitter) Instagram
    PNN DigitalPNN Digital
    • Business
    • National
    • Entertainment
    • Lifestyle
    • Education
    • Press Release
    • Submit Your PR
    PNN DigitalPNN Digital
    Home - Business - KLM Axiva Finvest to Raise Up to Rs 15,000 Lakhs via NCDs
    Business

    KLM Axiva Finvest to Raise Up to Rs 15,000 Lakhs via NCDs

    PNN Online DeskBy PNN Online DeskJuly 20, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Kochi (Kerala) [India], July 20: KLM Axiva Finvest Ltd has announced the Company’s tenth public issue of secured redeemable non-convertible debentures with a face value of ₹Rs.1000. The base public issue size is ₹7,500 lakhs and the public issue limit will be with an option to retain over-subscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs with an option for additional subscription up to ₹7,500 lakhs. The NCD issue opened on 22nd July 2024 and will be closed on 2nd August 2024.

    KLM Axiva Finvest will raise aggregating up to ₹7,500 lakhs (“base issue”) with an option to retain over-subscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs through secured, redeemable, non-convertible debentures.

    The NCDs have ten different options for individual investors to choose from. Effective yield Returns will be at the rates of the various investment options ranging from 9.92% to 11.30% p.a. On various investment options having face value is ₹Rs.1000, with multiple investment tenure options ranging from 400 days to 79 months and the minimum investment amount is ₹Rs.5,000.

    Investors can apply for NCDs through the branches of the Company and the BSE online platform. Application forms are available at https://klmaxiva.com/ncd. 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 “Risk Factors” beginning on page 17 of the Prospectus for risk in this regard.

    “Entire funds raised through the NCD will be utilized for onward lending, financing, and repayment/prepayment of principal and interest on existing borrowings.

    Kindly contact us at 18004257774 (Toll-Free Number) for any further information regarding the Public Issue.

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    PNN Online Desk
    • Website

    Related Posts

    In the Age of Spotlight, Kuruva Venkataramana Murthy Asks What Happens in the Dark

    July 26, 2025

    Top International Destinations to Visit in 2025 with a Personal Loan

    July 26, 2025

    Captain Polyplast Ltd. Awarded LOA for Supply of Solar Pumps under PMKUSUM in Gujarat

    July 26, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • In the Age of Spotlight, Kuruva Venkataramana Murthy Asks What Happens in the Dark
    • Top International Destinations to Visit in 2025 with a Personal Loan
    • Captain Polyplast Ltd. Awarded LOA for Supply of Solar Pumps under PMKUSUM in Gujarat
    • SBI and Fitistan Lead India’s Largest Tribute to Kargil War Heroes Through a Record-Breaking step Challenge
    • Manpreet Kaur Honoured in Mumbai with Shyama Prasad Mukherjee Award by Sonu Sood and Shaina NC for Outstanding Social and Religious Service

    In the Age of Spotlight, Kuruva Venkataramana Murthy Asks What Happens in the Dark

    July 26, 2025

    Top International Destinations to Visit in 2025 with a Personal Loan

    July 26, 2025

    Captain Polyplast Ltd. Awarded LOA for Supply of Solar Pumps under PMKUSUM in Gujarat

    July 26, 2025

    SBI and Fitistan Lead India’s Largest Tribute to Kargil War Heroes Through a Record-Breaking step Challenge

    July 26, 2025

    Manpreet Kaur Honoured in Mumbai with Shyama Prasad Mukherjee Award by Sonu Sood and Shaina NC for Outstanding Social and Religious Service

    July 26, 2025

    Diwakar Mabian Honoured with Shyama Prasad Mukherjee Award by Sonu Sood and Shaina NC for Excellence in Hospitality Service

    July 26, 2025
    PNN Digital
    2025 © pnn.digital

    Type above and press Enter to search. Press Esc to cancel.