KLM Axiva Finvest Initiates 12th Public Offering of Secured Non-Convertible Debentures Valued at up to INR 150 Crores
KLM Axiva Finvest Ltd, a leading financial institution in India, has announced its Twelfth public issue of secured, redeemable, non-convertible debentures (NCDs). The issue opened on July 9, 2025, and will close on July 22, 2025.
The base issue size for this public issue is ₹7,500 lakhs, with an option to retain oversubscription up to ₹7,500 lakhs, aggregating up to ₹15,000 lakhs (₹150 crore). Each debenture has a face value of ₹1,000.
This issue offers ten different investment options with tenures ranging from 400 days to 79 months. The exact yield range is not explicitly provided, but it is expected to offer competitive interest rates to attract investors.
The minimum application size for this public issue is ₹5,000 (i.e., 5 NCDs), and applications can be submitted through the Company's branches or via the BSE online platform.
It's important to note that the utilization of funds does not include any specific mention of new investments or acquisitions, dividend payments, debt reduction or restructuring, or share buybacks. The details regarding the utilization of funds can be found in the Prospectus.
The funds raised through this public issue will be utilized for onward lending and financing purposes, as well as for the repayment of interest on existing borrowings and the repayment of principal on existing borrowings.
For more detailed information about this public issue, including the full application process, investors are encouraged to visit the official website at https://klmaxiva.com/ncd. The Prospectus, which contains all the necessary details, will be available at the time of issue.
The news of KLM Axiva Finvest Ltd's Twelfth public issue has sparked significant interest in the finance and investing community, as the opportunity offers competitive interest rates and multiple investment options across various tenures. However, it's crucial for potential investors to carefully review the details about the utilization of funds as mentioned in the Prospectus, especially considering that the information does not include specific plans for new investments or acquisitions.
