Namra Finance Limited - INE229U07129

Other Financial Institutions

corporate

Coupon Rate
11.95%
Maturity Date
20 Aug 2025
ISIN
INE229U07129copy
Face Value
₹1,00,000
About Issue
This A- rated bond from Namra Finance Limited, a corporate, offers a Fixed coupon of 11.95% with maturity on 20 August 2025. Issued through the Private placement as under ISIN INE229U07129, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Key Attributes
Rating
CARE A- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
24 May 2024
Remaining Tenure
21D
Security Name
NAMRA FINANCE LIMITED SR B 11.95 NCD 20AG25 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE A- (Stable)
Date of Rating
07 Jan 2025
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