11.25% Lendingkart Finance Limited - AA Rated (INE090W07410)

Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07410, with a face value of ₹10,00,000 rs on 06Sep21 to raise 30 crores. The debt instrument is issued with a coupon rate of 11.25% 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 11.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 06/11/2023.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Sep21. INDIA RATING AND RESEARCH PVT. LTD has given AA-(CE) rating to this Debenture on 08Sep21. 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.