Bond Directory / AVENDUS FINANCE PRIVATE LIMITED

AVENDUS FINANCE PRIVATE LIMITED

DELETED

NIFTY 50 INDEX LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES E. LETTER OF ALLOTMENT. DATE OF MATURITY 07/08/2023.

ISIN

INE177R07084

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Essentials

Coupon Rate (Returns)

NIFTY 50 LINKED

Rating

PP-MLD A+  CRISIL RATINGS LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-8 months

Aug 07, 2023

Face Value

₹10,00,000

Coupon Type

Compounding

ANNUALLY

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

97 Crores

Issue Price

₹12,53,600

Security class

Debentures

Listing details

BSE

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private

Issuer Details

AVENDUS FINANCE PRIVATE LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Compounding

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Compounding

*Rating Agency - CRISIL RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

PP-MLD A+

(Aug 06, 2020)

Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

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

None

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

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

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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