{"id":40960,"date":"2025-07-09T19:03:43","date_gmt":"2025-07-09T13:33:43","guid":{"rendered":"https:\/\/livemumbai.in\/index.php\/2025\/07\/09\/klm-axiva-finvest-launches-12th-public-issue-of-secured-ncds-worth-up-to-rs-150-crore\/"},"modified":"2025-07-09T19:03:43","modified_gmt":"2025-07-09T13:33:43","slug":"klm-axiva-finvest-launches-12th-public-issue-of-secured-ncds-worth-up-to-rs-150-crore","status":"publish","type":"post","link":"https:\/\/livemumbai.in\/index.php\/2025\/07\/09\/klm-axiva-finvest-launches-12th-public-issue-of-secured-ncds-worth-up-to-rs-150-crore\/","title":{"rendered":"KLM Axiva Finvest Launches 12th Public Issue of Secured NCDs Worth up to Rs 150 Crore"},"content":{"rendered":"<div>\n<div>\n<p><b>Kochi (Kerala) [India], July 9: <\/b>KLM Axiva Finvest Ltd has announced its\u00a0<strong>Twelfth<\/strong>\u00a0public issue of\u00a0<strong>secured, redeemable, non-convertible debentures (NCDs)<\/strong>\u00a0with a face value of \u20b91,000 each. The base issue size is \u20b97,500 lakhs, with an option to retain oversubscription up to \u20b97,500 lakhs, aggregating up to \u20b915,000 lakhs.<\/p>\n<p>The public issue opened on\u00a0<strong>July 9, 2025<\/strong>, and will close on\u00a0<strong>July 22, 2025<\/strong>, with an option for early closure or extension, subject to necessary approvals.<\/p>\n<p>This issue offers\u00a0<strong>ten different investment options<\/strong>\u00a0with tenures ranging from\u00a0<strong>400 days to 79 months<\/strong>. The effective annual yield for investors ranges from\u00a0<strong>9.92% to 11.30%<\/strong>, depending on the chosen option. The\u00a0<strong>minimum application size<\/strong>\u00a0is \u20b95,000 (i.e., 5 NCDs), and in multiples of \u20b91,000 thereafter.<\/p>\n<p>Applications can be submitted through the Company\u2019s branches or via the\u00a0<strong>BSE online platform<\/strong>. The application form and full details are available at\u00a0<a href=\"https:\/\/klmaxiva.com\/ncd\" target=\"_blank\" rel=\"noopener\">https:\/\/klmaxiva.com\/ncd<\/a>.<\/p>\n<p><strong>Utilization of Proceeds:<\/strong><br \/>\nThe funds raised through this issue will be utilized for\u00a0<strong>onward lending, financing, and for repayment\/prepayment of principal and interest on existing borrowings<\/strong>, as detailed in the Prospectus.<\/p>\n<p><em>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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kochi (Kerala) [India], July 9: KLM Axiva Finvest Ltd has announced its\u00a0Twelfth\u00a0public issue of\u00a0secured, redeemable, non-convertible debentures (NCDs)\u00a0with a face value of \u20b91,000 each. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[623],"class_list":["post-40960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/40960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/comments?post=40960"}],"version-history":[{"count":0,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/posts\/40960\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media\/40961"}],"wp:attachment":[{"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/media?parent=40960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/categories?post=40960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livemumbai.in\/index.php\/wp-json\/wp\/v2\/tags?post=40960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}