Instrument Details

ISIN: INE918K07IV0

Face value

₹10,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

44

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

07 Jul 2022

Maturity Date

07 Jun 2026

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

NUVAMA WEALTH FINANCE LIMITED SR I5G203A BR NCD 06JL26 FVRS10LAC
Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07IV0, with a face value of ₹10,00,000 rs on 07Jul22 to raise 44 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX 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 NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES I5G203A. DATE OF MATURITY 06/07/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jul22. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 09Jun22. 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
08 Feb 2023
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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

NIFTY 50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA-

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

FAQs about INE918K07IV0 issued by Nuvama Wealth Finance Limited

The instrument name of INE918K07IV0 ISIN is NUVAMA WEALTH FINANCE LIMITED SR I5G203A BR NCD 06JL26 FVRS10LAC.
The interest earned from the INE918K07IV0 bond issued by Nuvama Wealth Finance Limited is paid at the time of maturity
This INE918K07IV0 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 INE918K07IV0 bond issued by Nuvama Wealth Finance Limited is NIFTY 50 INDEX LINKED.
The INE918K07IV0 Debenture is issued by Nuvama Wealth Finance Limited, a Private Sector company.