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: INE918K07GG5

Face value

₹1,00,000

Coupon rate

Variable Coupon

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Jun 2020

Maturity Date

28 Dec 2020

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NUVAMA WEALTH FINANCE LIMITED SR J0F001A BR NCD 28DC20 FVRS1LAC
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07GG5, with a face value of ₹1,00,000 rs on 30Jun20 to raise 50 crores. The debt instrument is issued with a coupon rate of NIFTY 10 YEAR BENCHMARK GSEC (CLEAN PRICE) INDEX. and its interest is paid on Maturity. 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 NIFTY 10 YR BENCHMARK G-SEC (CLEAN PRICE) INDEX SECURED UNLISTED, RATED, NON-CONVERTIBLE, PRINCIPAL PROTECTED MARKET LINKED DEBENTURES. SERIES J0F001A. DATE OF MATURITY 28/12/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 04Jun20. 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
PP-MLD AA-
check
Date Verified
08 Feb 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

PP-MLD 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 INE918K07GG5 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07GG5 ISIN is NUVAMA WEALTH FINANCE LIMITED SR J0F001A BR NCD 28DC20 FVRS1LAC.
The interest earned from the INE918K07GG5 bond issued by Nuvama Wealth Finance Limited is paid at the time of maturity
This INE918K07GG5 bond issued by Nuvama Wealth Finance Limited has been assigned a credit rating of PP-MLD AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE918K07GG5 bond issued by Nuvama Wealth Finance Limited is NIFTY 10 YEAR BENCHMARK GSEC (CLEAN PRICE) INDEX..
The INE918K07GG5 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