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Instrument Details

ISIN: INE090W07360

Face value

₹10,00,000

Coupon rate

10YEAR GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 Jun 2021

Maturity Date

03 Apr 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD BBB+r (INDIA 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

LENDINGKART FINANCE LIMITED BR NCD 04MR23 FVRS10LAC
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07360, with a face value of ₹10,00,000 rs on 04Jun21 to raise 15 crores. The debt instrument is issued with a coupon rate of 10YEAR GSEC LINKED and its interest is paid on Maturity. 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 10YEAR GSEC LINKED SECURED RATED LISTED SENIOR REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 04/03/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD BBB+r rating to this Debenture on 03Jun21. 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
PP-MLD BBB+r
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Date Verified
03 Jan 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10YEAR GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD BBB+r

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 INE090W07360 issued by Lendingkart Finance Limited

The instrument name of INE090W07360 ISIN is LENDINGKART FINANCE LIMITED BR NCD 04MR23 FVRS10LAC.
The interest earned from the INE090W07360 bond issued by Lendingkart Finance Limited is paid at the time of maturity
This INE090W07360 bond issued by Lendingkart Finance Limited has been assigned a credit rating of PP-MLD BBB+r by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE090W07360 bond issued by Lendingkart Finance Limited is 10YEAR GSEC LINKED.
The INE090W07360 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.
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