KLM Axiva Finvest Limited, (the Company), is a Public limited company, incorporated on 28 April 1997.The Company was a Non-Systemically important Non-Banking Financial Company ('NBFC') registered with the Reserve Bank of India (RBI) under section 45-IA of the Reserve Bank of India Act, 1934 and primarily engaged in lending and related activities. The Company has received the certificate of registration 09.00006 on 13 December, 1997 enabling the Company to carry on business as Non-Banking Financial Company. The total assets size of the Company, during the year crossed Rs 500 crore and the Company became a Systemically important non-deposit taking non-banking financial company. The Company offers broad suite of lending and other financial products such as mortgage loan, gold loan,loan against securities etc.
During the Financial Year 2016-17,the Company has allotted a total of 1,51,48,450 shares on various dates. During the year the company raised funds through private placement of Equity shares,and Secured Non-Convertible Debentures.
During the Financial Year 2017-18, Company has allotted 33,09,782 shares.
During the Financial year 2018-19, the Company has allotted 1,15,04,441 equity shares on 27.03.2019 on private placement basis.
During the FY2019,the company has raised funds for the first time through public issue of NCDs.During the period under review, the Company has successfully completed public issues and raised an amount of Rs. 100.00 Crore through its first public issue of 10,00,000/- Secured Redeemable Non-Convertible Debentures of face value of Rs. 1,000 each.
During the year 2018-19, the Company has issued 3,416 Secured Redeemable Non-Convertible Debentures ('NCDs') of face value of Rs 10,000/-each aggregating to Rs. 3,41,60,000 on a private placement basis, in three tranches.
As on 31 March, 2019,the Company have outstanding bank loan of Rs. 45,266,485/-.
During the financial year 2019-20, the Company has allotted 16,35,000 equity shares on 23.01.2020through private placement basis.
During the year 2019-20,the Company acquired 100% equity shares of KMLM Financial services Ltd and subsequently KMLM Financial services Ltd became the wholly owned subsidiary of KLM AxivaFinvest Ltd.
During the year 2019-20, Company has successfully completed second public issues and raised an amount of Rs. 93.83 Crore through its public issue of Secured Redeemable Non-Convertible Debentures of face value of Rs. 1,000 each. During the year,the Company has allotted 11,59,333 units of subordinated debts. As on 31 March, 2020,the Company have outstanding bank loan of Rs. 101,776,639/-.
The debt securities of the company are listed in the BSE unde debt segment.