11.75% Klm Axiva Finvest Limited (INE01I508032)

Klm Axiva Finvest Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01I508032, with a face value of ₹1,000 rs on 30Jun22 to raise 17 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 Unsecured Debenture is 11.75% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE PERPETUAL DEBENTURE SERIES - KLM PDI - II OPTION 1.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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.