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Instrument Details

ISIN: INE918K07HO7

Face value

₹1,00,000

Coupon rate

5.77 GSEC 2030 LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

7

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Jul 2021

Maturity Date

27 Jul 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD A1+ (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NUVAMA WEALTH FINANCE LIMITED SR I1G101A BR NCD 27JL22 FVRS1LAC
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07HO7, with a face value of ₹1,00,000 rs on 28Jul21 to raise 7 crores. The debt instrument is issued with a coupon rate of 5.77 GSEC 2030 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 5.77 GSEC 2030 LINKED SECURED RATED UNLISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I1G101A. DATE OF MATURITY 27/07/2022. 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 A1+ 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
A1
Highest Safety
PP-MLD A1+
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Date Verified
22 Nov 2021
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Outlook
-
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

5.77 GSEC 2030 LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD A1+

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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Rating

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Rated ★ 4.3+ on

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FAQs about INE918K07HO7 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07HO7 ISIN is NUVAMA WEALTH FINANCE LIMITED SR I1G101A BR NCD 27JL22 FVRS1LAC.
The interest earned from the INE918K07HO7 bond issued by Nuvama Wealth Finance Limited is paid at the time of maturity
This INE918K07HO7 bond issued by Nuvama Wealth Finance Limited has been assigned a credit rating of PP-MLD A1+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE918K07HO7 bond issued by Nuvama Wealth Finance Limited is 5.77 GSEC 2030 LINKED.
The INE918K07HO7 Debenture is issued by Nuvama Wealth Finance Limited, a Private Sector company.
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