{"id":15402,"date":"2023-02-04T08:39:16","date_gmt":"2023-02-04T08:39:16","guid":{"rendered":"https:\/\/pinkcitynow.com\/index.php\/2023\/02\/04\/klm-axiva-finvest-ltd-expands-in-maharashtra-opens-nodal-office-branches-in-mmr-begins-preparations-for-ipo\/"},"modified":"2023-02-04T08:39:16","modified_gmt":"2023-02-04T08:39:16","slug":"klm-axiva-finvest-ltd-expands-in-maharashtra-opens-nodal-office-branches-in-mmr-begins-preparations-for-ipo","status":"publish","type":"post","link":"https:\/\/pinkcitynow.com\/index.php\/2023\/02\/04\/klm-axiva-finvest-ltd-expands-in-maharashtra-opens-nodal-office-branches-in-mmr-begins-preparations-for-ipo\/","title":{"rendered":"KLM Axiva Finvest Ltd Expands in Maharashtra, Opens Nodal Office &amp; Branches in MMR, Begins preparations for IPO"},"content":{"rendered":"<div class=\"dsprime\"><img decoding=\"async\" width=\"640\" height=\"480\" src=\"https:\/\/pnn.digital\/wp-content\/uploads\/2023\/02\/ANiBS-2-1024x768.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 10px\" \/><\/div>\n<p>The Zonal office of KLM Axiva Finvest Ltd inaugurated by Dr. Narendra Mairpady, CEO Mr. Manoj Ravi &amp; Mr Vivek<\/p>\n<p><strong>Mumbai (Maharashtra) [India], February 4<\/strong>:&nbsp; South India\u2019s leading NBFC, KLM Axiva Finvest Ltd expands its footprint in Maharashtra. Dr. Narendra Mairpady, Former Chairman &amp; MD, Indian Overseas Bank in presence of Shri Shibu Thekkumpuram Executive Director, KLM Axiva inaugurated the company\u2019s zonal office. This occasion also marks the commencement of the company\u2019s operations across 25 centers in the Mumbai Metropolitan Region.<\/p>\n<p>\u201cBeing 24+ years in the business with over 570+ branches across 5 southern states we are now entering Maharashtra. We see tremendous potential in Mumbai and Maharashtra in times to come. So, starting with Mumbai Metropolitan Region we will be opening 100+ centers across Maharashtra by the end of next financial year and we expect to reach a milestone of&nbsp; 5000 Crore by 2025 said Mr. Manoj Ravi \u2013 Chief Executive Officer, KLM Axiva Finvest<\/p>\n<p>KLM Axiva Finvest being a non-deposit-taking systemically important NBFC, primarily focuses on providing Gold Loan, MSME Loan, Personal Loan, and Micro-Finance Loans..&nbsp; In order to create a robust ecosystem of secured financial lending the company has begun preparations for an Initial Public Offering.<\/p>\n<p>KLM Axiva Finvest has appointed Vivro Financial Services as the merchant banker &amp; has signed the mandate for IPO Equity Issue. The draft prospectus for IPO Equity Issue is to be filed in 2023 &amp; shall commence in the year 2024.\u201d<\/p>\n<p>The company also held investors meet to brief them about the company\u2019s performance, future plans, and the upcoming 8th edition of NCD that KLM Axiva Finvest plans to launch in the coming days. The company had successfully raised 189 Crores during its last NCD issued in Oct 2022.<\/p>\n<p>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Zonal office of KLM Axiva Finvest Ltd inaugurated by Dr. Narendra Mairpady, CEO Mr. Manoj Ravi &amp; Mr Vivek Mumbai (Maharashtra) [India], February 4:&nbsp; South India\u2019s leading NBFC, KLM Axiva Finvest Ltd expands its footprint in Maharashtra. Dr. Narendra Mairpady, Former Chairman &amp; MD, Indian Overseas Bank in presence of Shri Shibu Thekkumpuram Executive&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[636],"class_list":["post-15402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts\/15402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/comments?post=15402"}],"version-history":[{"count":0,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/posts\/15402\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/media\/15403"}],"wp:attachment":[{"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/media?parent=15402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/categories?post=15402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinkcitynow.com\/index.php\/wp-json\/wp\/v2\/tags?post=15402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}