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11.42% Vedika Credit Capital Ltd - BBB Rated (INE04HY07021)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE04HY07021
Face value
₹10,00,000
Coupon rate
11.42%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
22.9
Instrument Type
Debenture
Returns
High
Date of Issue
08 Apr 2022
Maturity Date
12 Aug 2025
Perpetual
Yes
Listing Status
Unlisted
Rating status
BBB+ (Acuite Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
VEDIKA CREDIT CAPITAL LTD TR 1&2 11.42 NCD 08DC25 FVRS10LAC
Vedika Credit Capital Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE04HY07021, with a face value of ₹10,00,000 rs on 08Apr22 to raise 22.9 crores. The debt instrument
is issued with a coupon rate of 11.42% 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 11.42% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE 1 & 2. DATE OF MATURITY 08/12/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given BBB+ rating to
this Debenture on 03Jan22. This issuer is formerly known as VEDIKA CREDIT CAPITAL PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
08-Apr-22 : Your investment
₹28,55,000
08-Jul-22 : Interest
₹28,55,000
08-Oct-22 : Interest
₹28,55,000
08-Jan-23 : Interest
₹28,55,000
08-Apr-23 : Interest
₹28,55,000
08-Jul-23 : Interest
₹28,55,000
08-Oct-23 : Interest
₹28,55,000
08-Jan-24 : Interest
₹28,55,000
08-Apr-24 : Interest
₹28,55,000
08-Jul-24 : Interest
₹28,55,000
08-Oct-24 : Interest
₹28,55,000
08-Jan-25 : Interest
₹28,55,000
08-Apr-25 : Interest
₹28,55,000
08-Jul-25 : Interest
-₹4,91,694
12-Aug-25 : Interest
₹13,66,23,305
12-Aug-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,66,23,305)
Summary
Instrument Attributes
Value
Coupon Rate
11.42%
Returns
High
Bond Rating
BBB+
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Kolkata
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Vedika Credit Capital Ltd
FAQs about INE04HY07021 issued by Vedika Credit Capital Ltd
What is the instrument name of INE04HY07021 ISIN?
The instrument name of INE04HY07021 ISIN is VEDIKA CREDIT CAPITAL LTD TR 1&2 11.42 NCD 08DC25 FVRS10LAC.
How frequently is the interest paid on INE04HY07021 bond issued by Vedika Credit Capital Ltd?
The interest earned from INE04HY07021 bond issued by Vedika Credit Capital Ltd is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE04HY07021 bond issued by Vedika Credit Capital Ltd?
This INE04HY07021 bond issued by Vedika Credit Capital Ltd has been assigned a credit rating of BBB+ by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE04HY07021 bond issued by Vedika Credit Capital Ltd?
This Debenture offers a coupon rate of 11.42%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE04HY07021 Debenture?
The INE04HY07021 Debenture is issued by Vedika Credit Capital Ltd, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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