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Instrument Details

ISIN: INE016P07187

Face value

₹10,00,000

Coupon rate

3 MONTH TBILL LINKED

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

35

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Mar 2022

Maturity Date

30 Mar 2026

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

VISTAAR FINANCIAL SERVICES PRIVATE LIMITED BR NCD 30MR26 FVRS10LAC
Vistaar Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE016P07187, with a face value of ₹10,00,000 rs on 30Mar22 to raise 35 crores. The debt instrument is issued with a coupon rate of 3 MONTH TBILL LINKED and its interest is paid Monthly. 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 3 MONTH TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/03/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Apr22. INDIA RATING AND RESEARCH PVT. LTD has given A+ rating to this Debenture on 23Mar22. This issuer is formerly known as VISTAAR LIVELIHOOD FINANCIAL SERVICES PVT LTD, AUTOINVEST LEASING & FINANCE (INDIA) PVT LTD, FARRY INVESTMENT & TRADING PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
06 May 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3 MONTH TBILL LINKED

Returns

Linked to Markets

Bond Rating

A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE016P07187 issued by Vistaar Financial Services Private Limited

The instrument name of INE016P07187 ISIN is VISTAAR FINANCIAL SERVICES PRIVATE LIMITED BR NCD 30MR26 FVRS10LAC.
The interest earned from INE016P07187 bond issued by Vistaar Financial Services Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE016P07187 bond issued by Vistaar Financial Services Private Limited has been assigned a credit rating of A+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE016P07187 bond issued by Vistaar Financial Services Private Limited is 3 MONTH TBILL LINKED.
The INE016P07187 Debenture is issued by Vistaar Financial Services Private Limited, a Private Sector company.
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