KLM Axiva Finvest Ltd. NCD (KLM Axiva Finvest NCD August 2026) Detail

₹100.00 Cr| Listing at BSE | Tue, Aug 18, 2026 - Tue, Sep 1, 2026

KLM Axiva Finvest Ltd. NCD issue is a public issue of secured, redeemable, non-convertible debenture with a base issue size of ₹50.00 Cr and an option to retain oversubscription up to ₹50.00 Cr, aggregating to a total issue size of ₹100.00 Cr. The NCDs are offered at a face value ₹1000 each and an issue price of ₹1000 per NCD.

KLM Axiva Finvest Ltd. NCD issue opens on Aug 18, 2026 and closes on Sep 1, 2026. NCD are proposed to be listed on the BSE.

The minimum lot size is 5 NCDs, requiring a minimum investment of ₹5,000, while the market lot for trading is 1 NCD.

The issue offers interest rates ranging from 9.50% per annum to 11.00% per annum, depending on the series and tenure selected.

The NCD has been rated: BBB- Stable by Acuité Ratings & Research Limited.

Vivro Financial Services Pvt.Ltd. is the Lead Manager to the issue, Vistra ITCL India Ltd. is the Debenture Trustee, and Kfin Technologies Ltd. is the Registrar to the Issue.

Investors are advised to refer to the NCD Offer Document for detailed information on risk factors, financials, and the terms of the issue.

Open Date

Tue, Aug 18, 2026

Close Date

Tue, Sep 1, 2026

Issue Size (Tranche)

₹100.00 Cr

Coupon Rate

Upto 11% p.a.

NCD Detail

Security Name

KLM Axiva Finvest Ltd.
Issue Size (Base)

₹50.00 Cr
Overall Issue Size

₹100.00 Cr
Face Value

₹1000 each NCD
Market Lot

1 NCD
Basis of Allotment

FCFS

Security Type

Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Oversubscription)

₹50.00 Cr
Issue Price

₹1000 per NCD
Minimum Lot size

5 NCD
Listing at

BSE
Debenture Trustee/s

Vistra ITCL India Ltd.

NCD Coupon Rates

#	Series 1	Series 2	Series 3	Series 4	Series 5	Series 6	Series 7	Series 8	Series 9	Series 10
Frequency of Interest Payment	Monthly	Cumulative	Monthly	Monthly	Annual	Monthly	Annual	Monthly	Annual	Cumulative
Nature	Secured	Secured	Secured	Secured	Secured	Secured	Secured	Secured	Secured	Secured
Tenor	400 Days	16 Months	18 Months	2 Years	2 Years	3 Years	3 Years	5 Years	5 Years	79 Months
Coupon (% per Annum)	9.50%	NA	9.85%	10.00%	10.25%	10.25%	10.50%	10.75%	11.00%	NA
Effective Yield (% per Annum)	9.92%	9.96%	10.31%	10.47%	10.25%	10.75%	10.50%	11.30%	11.00%	11.10%
Amount on Maturity (In Rs.)	Rs 1,000.00	Rs 1,135.00	Rs 1,000.00	Rs 1,000.00	Rs 1,000.00	Rs 1,000.00	Rs 1,000.00	Rs 1,000.00	Rs 1,000.00	Rs 2,000.00

NCD Rating

KLM Axiva Finvest Ltd. NCD Rating given as following :

#	Rating Agency	NCD Rating	Outlook	Safety Degree	Risk Degree
1	Acuité Ratings & Research Limited	BBB-	Stable	Moderate degree of safety	Moderate Credit Risk

Company Financials (Restated Consolidated)

KLM Axiva Finvest Ltd.’s revenue not changed and profit after tax (PAT) dropped by 56% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

Period Ended	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	1,867.41	1,933.41	1,938.25
Total Income	341.19	340.66	315.92
Profit After Tax	8.86	20.19	23.03
NET Worth	209.28	267.78	231.42

Company Promoters

The Promoter of the company is Biji Shibu.

NCD Allocation

Category	Allocated (%)
Institutional	5.00%
Non-Institutional	5.00%
HNI	40.00%
Retail	50.00%
Total	100.00%

About KLM Axiva Finvest Ltd.

Incorporated in 1997, KLM Axiva Finvest Ltd is a non-deposit-taking systemically important non-banking finance company (NBFC Middle Layer) primarily serving low- and middle-income individuals and businesses.

KLM Axiva Finvest primarily operates in four business verticals:

Gold Loans;
Micro, small, and medium enterprise (MSME) loans;
Personal loans, and;
Microfinance loans to women customers.

The AUM in Gold, MSME, and Micro-Finance loans has increased at a CAGR of 30.59%, 13.28%, and 47.46%, from March 31, 2022, to March 31, 2024, respectively.

KLM Axiva Finvest’s product portfolio includes:

Gold Loans: Loans against pledging of household gold jewelry by individuals.
MSME Loans: Lending to small and medium-sized enterprises such as businessmen, manufacturers, traders, and self-employed professionals.
Personal Loans: Loans to individual customers against tangible collaterals.
Microfinance Loans: Lending money to women customers for personal and business needs.
Vehicle Loans: 2 Wheeler loans to women customers.

As of June 30, 2025, the company has 668 branches across six states, namely Kerala, Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, and Maharashtra, managed through its corporate office in Kochi.

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Onward lending, financing, repayment/prepayment of principal and interest on existing borrowings
2 General Corporate Purposes
Total

0.00

NCD Review

[Dilip Davda] This is the 14th debt offer from KAFL since September 2018. The last debt offer was in the month of December 2025. The company posted lower net profit on higher income for FY26 raising concern. It has maintained coupon rates with degrading in rating of ACUITE BBB -. Its net NPA also surged as of June 30, 2026 raising alarm. There is no harm in skipping this poorly rated debt offer that carry moderate risk. Read detail review…

NCD Subscription Status

The KLM Axiva Finvest NCD August 2026 was subscribed 2.55 times on Aug 31, 2026 17:04. The NCD subscribed 1.21 times in Retail, 4.86 times in HNI, 0.03 times in Non-Institutional, and 0.01 times in Institutional category.

Category	Subscription (times)
Retail	1.21x
HNI	4.86x
Non-Institutional	0.03x
Institutional	0.01x
Total	2.55x

Company Contact Information

KLM Axiva Finvest Ltd.
Door No. 8-13, Plot No. 39, First Floor, Ashoka,
Complex, Above Indian Bank, Mythripuram Colony,
GayathrinagarX Road, Vaishalinagar P.O.,
Hyderabad, Telangana, 500079

+91-40-3516 2071
secretarial@klmaxiva.com
Visit Website

NCD Registrar

Kfin Technologies Ltd.

040-79615565
klmaxiva.ncd@kfintech.com
Visit Website

NCD Lead Manager(s)

Vivro Financial Services Pvt.Ltd.

NCD FAQs

How to apply KLM Axiva Finvest Ltd. NCD IPO?

NSE and BSE offer NSEgoBid and BSEDirect apps/websites through which retail investors can apply for NCDs up to Rs 5 lakhs. Not all brokers and banks provide the facility to apply for NCD online.

To apply for an NCD online, the investor should fill in the NCD bid details online and provide the details of the DP and bank accounts (ASBA/UPI) as requested. In the case of a UPI application, the investor needs to approve the UPI mandate to complete the application process.

Steps to invest in NCD IPO through GoldenPi

Retail investors can apply for an IPO online if the investment amount is less than or up to 10 lakhs.

Visit www.goldenpi.com
Look for the “Collections” tab.
Click on Best Ongoing IPOs.
Select the desired NCD IPO.
Select the series and investment quantity.
Enter your name, email ID and mobile number for verification.
Enter PAN and demat account details,
Enter the UPI ID.
Click on “Apply IPO”.
Approve the UPI mandate.
Steps to apply for NCD IPO with Indiabonds:

Visit www.indiabonds.com
Look for the ‘Products’ section on the home page.
Go to Public Issue
Select the desired NCD.
Click on ‘Apply Now’.
Select the investor type and category.
Select the investment series and enter the quantity.
Click on Invest.
Enter the personal details, i.e. name, date of birth, e-mail, contact, address, demat information and payment details.
Preview and confirm the form.
Confirm the UPI mandate upon receipt.

How to buy KLM Axiva Finvest Ltd. NCD?

You can buy or invest in NCD IPOs through the following intermediaries:

Registered stock brokers, for example, Angel Broking.
Self-certified underwriters.
Depository Participants.
NSE platform – NSEgoBid.
BSE platform – BSEDirect.
The investor can apply for the NCD IPO online through NCD intermediaries such as a registered stockbroker, provided the broker offers an online application for the NCD IPO. Not many brokers allow you to invest in an NCD IPO online. Currently, very few brokers, such as Nuvama Wealth, Angel One, and SBI Securities, offer the facility to apply for NCD IPOs electronically. You should check with your broker or intermediary to see if the online application facility for the NCD IPO is available through them.

Refer to the detailed guidelines on NSEgoBID and BSEDirect for information on the registration process and how to apply for NCDs through the exchange.

Important links :

Web links of BSEDirect and NSEgoBID.
PlayStore links for BSEDirect and NSEgoBID.
AppStore links for BSEDirect and NSEgoBID.
Read more about NCD Application Process.

How to buy KLM Axiva Finvest Ltd. NCD?

The coupon rates for KLM Axiva Finvest Ltd. NCDs vary depending on the series and tenure.
Specifically, Series 1 offers 9.50% for 400 months, Series 3 offers 9.85% for 18 months, Series 4 offers 10.00% for 2 months, Series 5 offers 10.25% for 2 months, Series 6 offers 10.25% for 3 months, Series 7 offers 10.50% for 3 months, Series 8 offers 10.75% for 5 months, Series 9 offers 11.00% for 5 months, and the highest coupon rate of 11.00% is offered for Series 9 with tenures 5 months.

What is the minimum amount to be invested in KLM Axiva Finvest Ltd. NCD?

The minimum amount required for NCD investment is Rs. 10,000.

Generally, the minimum lot size of NCD is 10, and the face value is 1,000.

How to check KLM Axiva Finvest Ltd. NCD Allotment status?

NCD allotment can be checked on the BSE website or with the Registrar once the allotment has been made.

Steps to check the NCD allotment status at the BSE:

Visit the BSE status of the issue application page.
Select the Issue type – Debt.
Select the Issue name from the drop-down list.
Enter your application number or PAN.
Tick ‘I’m not a robot’ button.
Click on Search.
Alternatively, the applicant can also check the allotment status on the respective website of the Registrar for the issue. The applicant will need their PAN details or the applicant’s Aadhaar number to check the status.

Generally, all applicants receive full allotment due to the retention of the oversubscription option.

Read more information on NCD Subscription and NCD Allotment Process.

Can we withdraw KLM Axiva Finvest Ltd. NCD before maturity?

No, you cannot withdraw or redeem KLM Axiva Finvest Ltd. NCDs before maturity directly from the company. However, there are a couple of options available if you want to exit early:

Listing on Stock Exchange (Secondary Market Sale)
If the NCDs are listed on stock exchanges (like BSE/NSE), you can:

Sell them on the exchange before maturity, just like shares.
Early redemption by the company
Only possible if a “call option” exists.

Read more about NCD Subscription and Allotment Process

Can the KLM Axiva Finvest Ltd. NCD bid be cancelled or withdrawn after applying?

Bid Cancellation and Withdrawal Policy for NCD Applicants

Before Issue Closure:
Applicants are allowed to cancel their bid at any time before the issue closing date.
After Issue Closure:
Some issuers may permit bid withdrawal even after the issue has closed.
In such cases, the applicant must:
Submit a withdrawal request to the Registrar to the Issue.
Ensure the request is made before the finalisation of the Basis of Allotment.
Submit the request no later than two working days from the date of issue closure (or early closure, if applicable).
Note:
The specific process and conditions for post-closure cancellation vary by issuer. Applicants should refer to the Offer Document for issuer-specific guidelines.