Lendingkart Finance Limited - AA Rated (INE090W07378)

Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07378, with a face value of ₹10,00,000 rs on 30Jun21 to raise 40 crores. The debt instrument is issued with a coupon rate of 10YEAR GSEC LINKED and its interest is paid on Maturity. 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 10YEAR GSEC LINKED SECURED RATED LISTED SENIOR REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/02/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 05Jul21. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AA- r (CE) rating to this Debenture on 02Jul21. 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.