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Instrument Details

ISIN: INE0IX207031

Face value

₹10,00,000

Coupon rate

13.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

30 Dec 2021

Maturity Date

30 Jun 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (CARE 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

NAMDEV FINVEST PRIVATE LIMITED 13.5 NCD 30JU25 FVRS10LAC
Namdev Finvest Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0IX207031, with a face value of ₹10,00,000 rs on 30Dec21 to raise 20 crores. The debt instrument is issued with a coupon rate of 13.50% 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 13.50% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 30/06/2025. 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. CARE RATINGS LIMITED has given BBB+ rating to this Debenture on 26Sep24. 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
27 Sep 2024
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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
30-Dec-21 : Your investment
₹33,75,000
30-Mar-22 : Interest
₹33,75,000
30-Jun-22 : Interest
₹33,75,000
30-Sep-22 : Interest
₹33,75,000
30-Dec-22 : Interest
₹33,75,000
30-Mar-23 : Interest
₹33,75,000
30-Jun-23 : Interest
₹33,75,000
30-Sep-23 : Interest
₹33,75,000
30-Dec-23 : Interest
₹33,75,000
30-Mar-24 : Interest
₹33,75,000
30-Jun-24 : Interest
₹33,75,000
30-Sep-24 : Interest
₹33,75,000
30-Dec-24 : Interest
₹33,75,000
30-Mar-25 : Interest
₹33,75,000
30-Jun-25 : Interest
₹14,72,50,000
30-Jun-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,72,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

13.50%

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
Jaipur
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0IX207031 issued by Namdev Finvest Private Limited

The instrument name of INE0IX207031 ISIN is NAMDEV FINVEST PRIVATE LIMITED 13.5 NCD 30JU25 FVRS10LAC.
The interest earned from INE0IX207031 bond issued by Namdev Finvest Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0IX207031 bond issued by Namdev Finvest Private Limited has been assigned a credit rating of BBB+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.5%, which determines the periodic interest payments made to bondholders.
The INE0IX207031 Debenture is issued by Namdev Finvest Private Limited, a Private Sector company.
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