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Instrument Details

ISIN: INE090W07345

Face value

₹10,00,000

Coupon rate

13.24%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

108

Instrument Type

Debenture

Returns

High

Date of Issue

24 Mar 2021

Maturity Date

24 Mar 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

LENDINGKART FINANCE LIMITED 13.24 LOA 24MR25 FVRS10LAC
Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07345, with a face value of ₹10,00,000 rs on 24Mar21 to raise 108 crores. The debt instrument is issued with a coupon rate of 13.24% and its interest is paid Semi 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 13.24% SECURED UNRATED UNLISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. DATE OF MATURITY 24/03/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Secured
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
24-Mar-21 : Your investment
₹66,20,000
24-Sep-21 : Interest
₹66,20,000
24-Mar-22 : Interest
₹66,20,000
24-Sep-22 : Interest
₹66,20,000
24-Mar-23 : Interest
₹66,20,000
24-Sep-23 : Interest
₹66,20,000
24-Mar-24 : Interest
₹66,20,000
24-Sep-24 : Interest
₹66,20,000
24-Mar-25 : Interest
₹15,29,60,000
24-Mar-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,29,60,000)

Summary

Instrument Attributes

Value

Coupon Rate

13.24%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE090W07345 issued by Lendingkart Finance Limited

The instrument name of INE090W07345 ISIN is LENDINGKART FINANCE LIMITED 13.24 LOA 24MR25 FVRS10LAC.
The interest earned from INE090W07345 bond issued by Lendingkart Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE090W07345 bond issued by Lendingkart Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13.24%, which determines the periodic interest payments made to bondholders.
The INE090W07345 Debenture is issued by Lendingkart Finance Limited, a Private Sector company.
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