Bond Directory / NUVAMA WEALTH FINANCE LIMITED

NUVAMA WEALTH FINANCE LIMITED

DELETED

NIFTY 50 LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES J3B201A. DATE OF MATURITY 18/03/2024

ISIN

INE918K07IN7

Copied

Essentials

Coupon Rate (Returns)

NIFTY 50 LINKED

Rating

PP-MLD AA-  CRISIL RATINGS LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-3 months

Mar 18, 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

32.40 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

SBICAP Trustee Company Limited

Issue

Private Placement (non-EBP)

Issuer Details

NUVAMA WEALTH FINANCE LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Simple

Factors

Issue Size

Medium

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (non-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-

(Aug 27, 2021)

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...

Earlysalary Services Private Limited

Coupon

11.7500%

Maturity

Dec 2025

Rating

CARE  BBB+

Type of Bond

Secured - Regular Bond/Debenture

Yield

13.1500%

Price

₹ 1,01,932.99

Indostar Capital Finance Limited

Coupon

9.9500%

Maturity

Feb 2026

Rating

CARE  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 1,00,354.97

Belstar Microfinance Limited

Coupon

10.0000%

Maturity

Aug 2025

Rating

CRISIL  AA

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.5000%

Price

₹ 63,643.45

Yes Bank Limited

Coupon

9.1500%

Maturity

Jun 2025

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 9,95,033.00

Iifl Samasta Finance Limited

Coupon

9.6000%

Maturity

Dec 2025

Rating

CRISIL  AA-

Type of Bond

Secured - Regular Bond/Debenture

Yield

9.3624%

Price

₹ 1,049.74

U.P. Power Corporation Limited

Coupon

9.7500%

Maturity

Oct 2025

Rating

BWR  AA-(CE)

Type of Bond

State Guaranteed Bond (SLU)

Yield

9.0000%

Price

₹ 10,25,772.39

360 One Prime Limited

Coupon

9.2200%

Maturity

Jul 2025

Rating

ICRA  AA

Type of Bond

Secured - Regular Bond/Debenture

Yield

8.9454%

Price

₹ 1,041.29

State Bank Of India

Coupon

7.7400%

Call Date

Sep 2025

Rating

CRISIL  AA+

Type of Bond

Bank AT1 Perpetual Bond

Yield

8.2000%

Price

₹ 10,54,542.49