Instrument Details

ISIN: INE090W07436

Face value

₹10,00,000

Coupon rate

12.75%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

25 Mar 2022

Maturity Date

31 Dec 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (Infomerics Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

LENDINGKART FINANCE LIMITED 12.75 NCD 31DC24 FVRS10LAC
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07436, with a face value of ₹10,00,000 rs on 25Mar22 to raise 30 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given BBB+ rating to this Debenture on 07Aug23. 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+
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Date Verified
-
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Outlook
No Outlook
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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
25-Mar-22 : Your investment
₹31,87,500
25-Jun-22 : Interest
₹31,87,500
25-Sep-22 : Interest
₹31,87,500
25-Dec-22 : Interest
₹31,87,500
25-Mar-23 : Interest
₹31,87,500
25-Jun-23 : Interest
₹31,87,500
25-Sep-23 : Interest
₹31,87,500
25-Dec-23 : Interest
₹31,87,500
25-Mar-24 : Interest
₹31,87,500
25-Jun-24 : Interest
₹31,87,500
25-Sep-24 : Interest
₹31,87,500
25-Dec-24 : Interest
₹13,50,62,500
31-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,50,62,500)

Summary

Instrument Attributes

Value

Coupon Rate

12.75%

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 INE090W07436 issued by Lendingkart Finance Limited

The instrument name of INE090W07436 ISIN is LENDINGKART FINANCE LIMITED 12.75 NCD 31DC24 FVRS10LAC.
The interest earned from INE090W07436 bond issued by Lendingkart Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE090W07436 bond issued by Lendingkart Finance Limited has been assigned a credit rating of BBB+ by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.75%, which determines the periodic interest payments made to bondholders.
The INE090W07436 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.