The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE090W07196

Face value

₹1,25,000

Coupon rate

13.94%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

51.475

Instrument Type

Debenture

Returns

High

Date of Issue

28 Nov 2019

Maturity Date

28 Nov 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

LENDINGKART FINANCE LIMITED 13.94 NCD 28NV24 FVRS125000
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07196, with a face value of ₹1,25,000 rs on 28Nov19 to raise 51.475 crores. The debt instrument is issued with a coupon rate of 13.94% and its interest is paid Semi Annually. 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 13.94% SECURED RATED UNLISTED SENIOR TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB+ rating to this Debenture on 29Jun23. This issuer is formerly known as AADRI INFIN LIMITED, VLD FINANCE AND SECURITIES 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
30 Jun 2023
check
Outlook
Positive
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,25,000
Lot Size
100
Minimum Investment
₹1,25,00,000

Cashflow

₹1,25,00,000
28-Nov-19 : Your investment
₹8,71,250
28-May-20 : Interest
₹8,71,250
28-Nov-20 : Interest
₹8,71,250
28-May-21 : Interest
₹8,71,250
28-Nov-21 : Interest
₹8,71,250
28-May-22 : Interest
₹8,71,250
28-Nov-22 : Interest
₹8,71,250
28-May-23 : Interest
₹8,71,250
28-Nov-23 : Interest
₹8,71,250
28-May-24 : Interest
₹8,71,250
28-Nov-24 : Interest
₹2,12,12,500
28-Nov-24 : Maturity amount (Investment: ₹1,25,00,000, Interest earned: ₹87,12,500)

Summary

Instrument Attributes

Value

Coupon Rate

13.94%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE090W07196 issued by Lendingkart Finance Limited

The instrument name of INE090W07196 ISIN is LENDINGKART FINANCE LIMITED 13.94 NCD 28NV24 FVRS125000.
The interest earned from INE090W07196 bond issued by Lendingkart Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE090W07196 bond issued by Lendingkart Finance Limited has been assigned a credit rating of BBB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.94%, which determines the periodic interest payments made to bondholders.
The INE090W07196 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow