13.50% Lendingkart Finance Limited - BBB Rated (INE090W07238)

Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07238, with a face value of ₹10,00,000 rs on 02Jun20 to raise 10 crores. The debt instrument is issued with a coupon rate of 13.50% and its interest is paid Annually. 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 13.5% SECURED LISTED RATED REDEEMABLE NON COVNERTIBLE DEBENTURES. DATE OF MATURITY 02/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Jul20. 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.