Bond Directory / NUVAMA WEALTH AND INVESTMENT LIMITED

NUVAMA WEALTH AND INVESTMENT LIMITED

DELETED

GSEC LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES L3E201A. DATE OF MATURITY 25/03/2024.

ISIN

INE523L07389

Copied

Essentials

Coupon Rate (Returns)

GSEC LINKED

Rating

PP-MLD AA-  CRISIL RATINGS LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-3 months

Mar 25, 2024

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

54.90 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private Placement (EBP)

Issuer Details

NUVAMA WEALTH AND INVESTMENT LIMITED

Business Sector

176

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency - CRISIL RATINGS LIMITED

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

PP-MLD AA-

(May 17, 2022)

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

Credit Outlook

Stable

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

Rating Watch

4

-

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.

You may also like...

Krazybee Services Private Limited

Coupon

10.2000%

Maturity

Dec 2025

Rating

CRISIL  A-

Type of Bond

Secured - Regular Bond/Debenture

Yield

12.2500%

Price

₹ 98,912.68

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Feb 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 1,01,265.00

Belstar Microfinance Limited

Coupon

10.0000%

Maturity

Aug 2025

Rating

CRISIL  AA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.5000%

Price

₹ 64,167.79

Yes Bank Limited

Coupon

9.1500%

Maturity

Jun 2025

Rating

ICRA  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 10,02,916.07

Iifl Samasta Finance Limited

Coupon

9.6000%

Maturity

Dec 2025

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.3525%

Price

₹ 1,058.39

Creditaccess Grameen Limited

Coupon

9.6000%

Maturity

Nov 2025

Rating

Ind-Ra  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.2500%

Price

₹ 1,008.91

360 One Prime Limited

Coupon

9.2200%

Maturity

Jul 2025

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.9216%

Price

₹ 1,049.61

Cholamandalam Investment And Finance Company Limited

Coupon

8.4000%

Maturity

Dec 2025

Rating

Ind-Ra  AA+

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.1323%

Price

₹ 1,055.06