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Instrument Details

ISIN: INE01I507273

Face value

₹1,000

Coupon rate

11.75%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

21.6598

Instrument Type

Debenture

Returns

High

Date of Issue

02 Jul 2020

Maturity Date

07 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

KLM AXIVA FINVEST LIMITED SR ISSUE III OPTVIII 11.75LOA 01JL25 FVRS1000
Klm Axiva Finvest Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01I507273, with a face value of ₹1,000 rs on 02Jul20 to raise 21.6598 crores. The debt instrument is issued with a coupon rate of 11.75% and its interest is paid Monthly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 11.75% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES - NCD ISSUE III- OPTION VIII. DATE OF MATURITY 01/07/2025.. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Jul20. CARE RATINGS LIMITED has given BBB- rating to this Debenture on 22May20. This issuer is formerly known as NEEDS FINVEST LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB-
check
Date Verified
21 Feb 2024
check
Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
02-Jul-20 : Your investment
₹979
02-Aug-20 : Interest
₹979
02-Sep-20 : Interest
₹979
02-Oct-20 : Interest
₹979
02-Nov-20 : Interest
₹979
02-Dec-20 : Interest
₹979
02-Jan-21 : Interest
₹979
02-Feb-21 : Interest
₹979
02-Mar-21 : Interest
₹979
02-Apr-21 : Interest
₹979
02-May-21 : Interest
₹979
02-Jun-21 : Interest
₹979
02-Jul-21 : Interest
₹979
02-Aug-21 : Interest
₹979
02-Sep-21 : Interest
₹979
02-Oct-21 : Interest
₹979
02-Nov-21 : Interest
₹979
02-Dec-21 : Interest
₹979
02-Jan-22 : Interest
₹979
02-Feb-22 : Interest
₹979
02-Mar-22 : Interest
₹979
02-Apr-22 : Interest
₹979
02-May-22 : Interest
₹979
02-Jun-22 : Interest
₹979
02-Jul-22 : Interest
₹979
02-Aug-22 : Interest
₹979
02-Sep-22 : Interest
₹979
02-Oct-22 : Interest
₹979
02-Nov-22 : Interest
₹979
02-Dec-22 : Interest
₹979
02-Jan-23 : Interest
₹979
02-Feb-23 : Interest
₹979
02-Mar-23 : Interest
₹979
02-Apr-23 : Interest
₹979
02-May-23 : Interest
₹979
02-Jun-23 : Interest
₹979
02-Jul-23 : Interest
₹979
02-Aug-23 : Interest
₹979
02-Sep-23 : Interest
₹979
02-Oct-23 : Interest
₹979
02-Nov-23 : Interest
₹979
02-Dec-23 : Interest
₹979
02-Jan-24 : Interest
₹979
02-Feb-24 : Interest
₹979
02-Mar-24 : Interest
₹979
02-Apr-24 : Interest
₹979
02-May-24 : Interest
₹979
02-Jun-24 : Interest
₹979
02-Jul-24 : Interest
₹979
02-Aug-24 : Interest
₹979
02-Sep-24 : Interest
₹979
02-Oct-24 : Interest
₹979
02-Nov-24 : Interest
₹979
02-Dec-24 : Interest
₹979
02-Jan-25 : Interest
₹81
07-Jan-25 : Interest
₹1,52,956
07-Jan-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹52,956)

Summary

Instrument Attributes

Value

Coupon Rate

11.75%

Returns

High

Bond Rating

BBB-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE01I507273 issued by Klm Axiva Finvest Limited

The instrument name of INE01I507273 ISIN is KLM AXIVA FINVEST LIMITED SR ISSUE III OPTVIII 11.75LOA 01JL25 FVRS1000.
The interest earned from INE01I507273 bond issued by Klm Axiva Finvest Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE01I507273 bond issued by Klm Axiva Finvest Limited has been assigned a credit rating of BBB- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.75%, which determines the periodic interest payments made to bondholders.
The INE01I507273 Debenture is issued by Klm Axiva Finvest Limited, a Private Sector company.
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