12.75% Lendingkart Finance Limited - BBB Rated (INE090W07436)

Lendingkart Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE090W07436, with a face value of ₹10,00,000 rs on 25Mar22 to raise 30 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given BBB+ rating to this Debenture on 07Aug23. 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.