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Instrument Details

ISIN: INE918K07HI9

Face value

₹1,00,000

Coupon rate

G SEC LINK

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

7

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Mar 2021

Maturity Date

25 Mar 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD A+ (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

NUVAMA WEALTH FINANCE LIMITED SR E1C102A BR NCD 25MR22 FVRS1LAC
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07HI9, with a face value of ₹1,00,000 rs on 26Mar21 to raise 7 crores. The debt instrument is issued with a coupon rate of G SEC LINK 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 5.77 GSEC 2030 LINKED SECURED RATED UNLISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES E1C102A. DATE OF MATURITY 25/03/2022. 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. CARE RATINGS LIMITED has given PP-MLD A+ rating to this Debenture on 09Nov20. 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
A
Adequate Safety
PP-MLD A+
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Date Verified
27 Oct 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

G SEC LINK

Returns

Linked to Markets

Bond Rating

PP-MLD A+

Seniority in Repayment

Senior

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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE918K07HI9 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07HI9 ISIN is NUVAMA WEALTH FINANCE LIMITED SR E1C102A BR NCD 25MR22 FVRS1LAC.
The interest earned from the INE918K07HI9 bond issued by Nuvama Wealth Finance Limited is paid at the time of maturity
This INE918K07HI9 bond issued by Nuvama Wealth Finance Limited has been assigned a credit rating of PP-MLD A+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE918K07HI9 bond issued by Nuvama Wealth Finance Limited is G SEC LINK.
The INE918K07HI9 Debenture is issued by Nuvama Wealth Finance Limited, a Private Sector company.
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