12.15% Lendingkart Finance Limited - BBB Rated (INE090W07428)

Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07428, with a face value of ₹10,00,000 rs on 20Dec21 to raise 44 crores. The debt instrument is issued with a coupon rate of 12.15% 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 12.15% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 20/12/2026. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Dec21. Infomerics Valuation and Rating Pvt. Ltd has given BBB+ rating to this Debenture on 12Mar24. 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.