The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE918K07FP8

Face value

₹1,000

Coupon rate

10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

27.3398

Instrument Type

Debenture

Returns

High

Date of Issue

05 Feb 2020

Maturity Date

02 May 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NUVAMA WEALTH FINANCE LIMITED SR III 10 NCD 05FB23 FVRS1000
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07FP8, with a face value of ₹1,000 rs on 05Feb20 to raise 27.3398 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid 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 10% SECURED RATED LISTED REDEEMEABLE NON CONVERTIBLE F DEBENTURE. SERIES III. DATE OF MATURITY 05/02/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Feb20. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 13Dec19. This issuer is formerly known as EDELWEISS FINANCE & INVESTMENTS LIMITED, EDELWEISS FINANCE & INVESTMENTS PVT 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-
check
Date Verified
26 Oct 2022
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
05-Feb-20 : Your investment
₹10,000
05-Feb-21 : Interest
₹10,000
05-Feb-22 : Interest
₹10,000
05-Feb-23 : Interest
₹1,30,000
02-May-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹30,000)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

AA-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
wm-logo

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

4.3

Rating

rating

Rated ★ 4.3+ on

playstoreappstore

Download the App

appstore
playstore
wm-qr

FAQs about INE918K07FP8 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07FP8 ISIN is NUVAMA WEALTH FINANCE LIMITED SR III 10 NCD 05FB23 FVRS1000.
The interest earned from INE918K07FP8 bond issued by Nuvama Wealth Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE918K07FP8 bond issued by Nuvama Wealth Finance Limited has been assigned a credit rating of AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE918K07FP8 Debenture is issued by Nuvama Wealth Finance Limited, a Private Sector company.
qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments