Nuvama Wealth Finance Limited - AA Rated (INE918K07FJ1)

Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07FJ1, with a face value of ₹1,00,000 rs on 26Aug19 to raise 233.66 crores. The debt instrument is issued with a coupon rate of NIFTY 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 NIFTY 50 INDEX LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I2H901A. DATE OF MATURITY 26/12/2022. 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 18Nov20. CRISIL RATINGS LIMITED has given PP-MLD AA-r rating to this Debenture on 01Aug19. This issuer is formerly known as EDELWEISS FINANCE & INVESTMENTS LIMITED, EDELWEISS FINANCE & INVESTMENTS PVT Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.