Bond Directory / VIKAS MONEY LIMITED

VIKAS MONEY LIMITED

ACTIVE

12% Secured, Not guaranteed, Senior, Taxable, Non Cumulative, Unrated, Redeemable, Non Convertible Plain Vanilla Debentures Series - VML 21 M Date of maturity 18/11/2028

ISIN

INE0ANX07350

Copied

Essentials

Coupon Rate (Returns)

12

Rating

-

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

4 years 3 months

Nov 18, 2028

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Put Available

Put option exercised at

At Par

Issue Details

Issue Size

-

Issue Price

₹1,000

Security class

Bond

Listing details

Not listed

Debenture Trustee

-

Issue

Rights Issue

Issuer Details

VIKAS MONEY LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Tax Saving

No

Mode of Issuance

Rights Issue

Coupon Type

Simple

Factors

Tax Saving

No

Mode of Issuance

Rights Issue

Coupon Type

Simple

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

None

(-)

-

Credit Outlook

-

-

Rating Watch

-

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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