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13.75% Lendingkart Finance Limited - BBB Rated (INE090W07121)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE090W07121
Face value
₹10,00,000
Coupon rate
13.75%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
20
Instrument Type
Debenture
Returns
High
Date of Issue
28 Jan 2019
Maturity Date
31 Mar 2023
Perpetual
Yes
Listing Status
Unlisted
Rating status
BBB+ (ICRA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Fully Convertible
About this Bond
LENDINGKART FINANCE LIMITED 13.75 NCD 31MR23 FVRS10LAC
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE090W07121, with a face value of ₹10,00,000 rs on 28Jan19 to raise 20 crores. The debt instrument
is issued with a coupon rate of 13.75% and its interest is paid
Quarterly. 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 13.75% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. MATURITY DATE - 31/03/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB+ rating to
this Debenture on 29Jun23. This issuer is formerly known as AADRI INFIN LIMITED, VLD FINANCE AND SECURITIES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
28-Jan-19 : Your investment
₹34,37,500
28-Apr-19 : Interest
₹34,37,500
28-Jul-19 : Interest
₹34,37,500
28-Oct-19 : Interest
₹34,37,500
28-Jan-20 : Interest
₹34,37,500
28-Apr-20 : Interest
₹34,37,500
28-Jul-20 : Interest
₹34,37,500
28-Oct-20 : Interest
₹34,37,500
28-Jan-21 : Interest
₹34,37,500
28-Apr-21 : Interest
₹34,37,500
28-Jul-21 : Interest
₹34,37,500
28-Oct-21 : Interest
₹34,37,500
28-Jan-22 : Interest
₹34,37,500
28-Apr-22 : Interest
₹34,37,500
28-Jul-22 : Interest
₹34,37,500
28-Oct-22 : Interest
₹34,37,500
28-Jan-23 : Interest
₹5,92,013
31-Mar-23 : Interest
₹15,55,92,013
31-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,55,92,013)
Summary
Instrument Attributes
Value
Coupon Rate
13.75%
Returns
High
Bond Rating
BBB+
Seniority in Repayment
None
Instrument Category
Fully Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Lendingkart Finance Limited
FAQs about INE090W07121 issued by Lendingkart Finance Limited
What is the instrument name of INE090W07121 ISIN?
The instrument name of INE090W07121 ISIN is LENDINGKART FINANCE LIMITED 13.75 NCD 31MR23 FVRS10LAC.
How frequently is the interest paid on INE090W07121 bond issued by Lendingkart Finance Limited?
The interest earned from INE090W07121 bond issued by Lendingkart Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE090W07121 bond issued by Lendingkart Finance Limited?
This INE090W07121 bond issued by Lendingkart Finance Limited has been assigned a credit rating of BBB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE090W07121 bond issued by Lendingkart Finance Limited?
This Debenture offers a coupon rate of 13.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE090W07121 Debenture?
The INE090W07121 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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