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0% Klm Axiva Finvest Limited - BBB Rated (INE01I507596)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE01I507596
Face value
₹1,000
Coupon rate
0%
Payment
Never
Tax Type
Taxable
Issue Size (Cr)
9.4853
Instrument Type
Debenture
Returns
Low
Date of Issue
17 Mar 2022
Maturity Date
16 Nov 2028
Perpetual
Yes
Listing Status
Listed
Rating status
BBB- (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
KLM AXIVA FINVEST LIMITED SR VI OPT X LOA 16NV28 FVRS1000
Klm Axiva Finvest Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE01I507596, with a face value of ₹1,000 rs on 17Mar22 to raise 9.4853 crores. The debt instrument
is issued with a coupon rate of 0% and its interest is paid
Never. 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 SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES - NCD ISSUE VI- OPTION X. DATE OF MATURITY 16/11/2028. This instrument is issued in Public Issue mode. It has Compounding coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 22Mar22. CARE RATINGS LIMITED has given BBB- rating to
this Debenture on 17Mar22. 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)
Summary
Instrument Attributes
Value
Coupon Rate
0%
Returns
Low
Bond Rating
BBB-
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Hyderabad
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Klm Axiva Finvest Limited
FAQs about INE01I507596 issued by Klm Axiva Finvest Limited
What is the instrument name of INE01I507596 ISIN?
The instrument name of INE01I507596 ISIN is KLM AXIVA FINVEST LIMITED SR VI OPT X LOA 16NV28 FVRS1000.
How frequently is the interest paid on INE01I507596 bond issued by Klm Axiva Finvest Limited?
Never, as INE01I507596 bond issued by Klm Axiva Finvest Limited is a Zero-coupon bond.
What is the credit rating of the INE01I507596 bond issued by Klm Axiva Finvest Limited?
This INE01I507596 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.
What is the coupon rate of INE01I507596 bond issued by Klm Axiva Finvest Limited?
The coupon rate of INE01I507596 bond issued by Klm Axiva Finvest Limited is 0%.
Who is the issuer of INE01I507596 Debenture?
The INE01I507596 Debenture is issued by Klm Axiva Finvest Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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