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Instrument Details

ISIN: INE918K07HM1

Face value

₹1,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

25 Jun 2021

Maturity Date

26 Jun 2023

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA- (BRICKWORK 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 C3F101A BR NCD 26JU23 FVRS1LAC
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07HM1, with a face value of ₹1,00,000 rs on 25Jun21 to raise 150 crores. The debt instrument is issued with a coupon rate of GSEC LINKED 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 GSEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES C3F101A. DATE OF MATURITY 26/06/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 02Jul21. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given PP-MLD AA- rating to this Debenture on 10Nov20. 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-
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Date Verified
06 Jan 2024
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Outlook
Negative
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

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
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Rated ★ 4.3+ on

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FAQs about INE918K07HM1 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07HM1 ISIN is NUVAMA WEALTH FINANCE LIMITED SR C3F101A BR NCD 26JU23 FVRS1LAC.
The interest earned from the INE918K07HM1 bond issued by Nuvama Wealth Finance Limited is paid at the time of maturity
This INE918K07HM1 bond issued by Nuvama Wealth Finance Limited has been assigned a credit rating of PP-MLD AA- by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE918K07HM1 bond issued by Nuvama Wealth Finance Limited is GSEC LINKED.
The INE918K07HM1 Debenture is issued by Nuvama Wealth Finance Limited, a Private Sector company.
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