Veritas Finance Limited - INE448U07083

Other Financial Institutions

corporate

Coupon Rate
12.25%
Maturity Date
20 Aug 2025
ISIN
INE448U07083copy
Face Value
₹10,00,000
About Issue
This A rated bond from Veritas Finance Limited, a corporate, offers a Fixed coupon of 12.25% with maturity on 20 August 2025. Issued through the Private placement as under ISIN INE448U07083, 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
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
20 Aug 2019
Remaining Tenure
21D
Security Name
Veritas Finance, 12.25% 20aug2025, INR (8)
Risk Assessment
Credit Rating
Rating
CARE A (Stable)
Date of Rating
01 Jun 2022
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