Instrument Details

ISIN: INE090W07410

Face value

₹10,00,000

Coupon rate

11.25%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

06 Sep 2021

Maturity Date

11 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA-(CE) (INDIA Ratings)

Call Option

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 11.25 NCD 06NV23 FVRS10LAC
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07410, with a face value of ₹10,00,000 rs on 06Sep21 to raise 30 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid Quarterly. 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 11.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 06/11/2023.. 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 09Sep21. INDIA RATING AND RESEARCH PVT. LTD has given AA-(CE) rating to this Debenture on 08Sep21. 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
AA
High Safety
AA-(CE)
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Date Verified
10 Aug 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
06-Sep-21 : Your investment
₹28,12,500
06-Dec-21 : Interest
₹28,12,500
06-Mar-22 : Interest
₹28,12,500
06-Jun-22 : Interest
₹28,12,500
06-Sep-22 : Interest
₹28,12,500
06-Dec-22 : Interest
₹28,12,500
06-Mar-23 : Interest
₹28,12,500
06-Jun-23 : Interest
₹11,96,87,500
11-Jun-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,96,87,500)

Summary

Instrument Attributes

Value

Coupon Rate

11.25%

Returns

High

Bond Rating

AA-(CE)

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 INE090W07410 issued by Lendingkart Finance Limited

The instrument name of INE090W07410 ISIN is LENDINGKART FINANCE LIMITED 11.25 NCD 06NV23 FVRS10LAC.
The interest earned from INE090W07410 bond issued by Lendingkart Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE090W07410 bond issued by Lendingkart Finance Limited has been assigned a credit rating of AA-(CE) by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.25%, which determines the periodic interest payments made to bondholders.
The INE090W07410 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.