| The principal amount of the NCDs to be issued in terms of this Prospectus together with all interest due on the NCDs, as well as all costs, charges, all fees, remuneration of Debenture Trustee and expenses payable in respect thereof shall be secured by way of first ranking pari passu charge with existing secured creditors, on all movable assets, including book debts and receivables, cash and bank balances, other movable assets, loans and advances, both present and future of the Company equal to the value of one time of the NCDs outstanding plus interest accrued thereon. The tentative date of creation of the security for the NCDs shall be finalised upon execution of the Debenture Trust Deed. |
| Issue Details |
| Issue Open |
15-Sep-2022-12-Oct-2022 |
| Security Name |
KLM Axiva Finvest Ltd |
| Security Type |
Secured Redeemable Non-Convertible Debentures |
| Issue Size (Base)( .Cr) |
100 |
| Over subscription |
An Option To Retain Oversubscription Up To Rs. 100 Crores Aggregating To Rs. 200 Crores. |
| Issue Price ( ) |
1000 |
| Face Value ( ) |
1000 |
| Market Lot |
1 |
| Credit Rating |
"IND BBB-/Stable" by IRRPL |
| Tenor |
400 Days,16 Months,18 Months,2 Years,3 Years,5 Years,82 Months |
| Series |
Series1,Series2,Series3,Series4,Series5,Series6,Series7,Series8,Series9,Series10 |
| Payment Frequency |
Monthly,At the End,Yearly |
| Objects of the Issue: |
| Public Issue by KLM Axiva Finvest Ltd, ("Company" Or "Issuer") of Secured, Redeemable, Non-Convertible Debentures of face value of Rs 1,000 Each ("NCDs"), At par, Aggregating Up To Rs 100 Crores, Hereinafter referred to as The "Base Issue" With An Option To Retain Over-Subscription Up To Rs 100 Crores, Aggregating Up To Rs 200 Crores Hereinafter referred to As The "Overall Issue Size" (The Issue"). |
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| Company Promoters |
| Ms. Biji Shibu |
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| Lead Managers |
| 1. Vivro Financial Services Pvt Ltd |
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| Registrar to the Issue |
| 1. KFIN Technologies Ltd |
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