Nuvama Wealth Finance Limited - AA Rated (INE918K07HU4)

Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07HU4, with a face value of ₹10,00,000 rs on 05Oct21 to raise 75 crores. The debt instrument is issued with a coupon rate of NIFTY50 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 NIFTY50 LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES J4J105A. DATE OF MATURITY 11/04/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Nov21. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 27Aug21. 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.