Veritas Finance Limited - INE448U07208

Other Financial Institutions

corporate

Coupon Rate
10.35%
Maturity Date
23 Jun 2028
ISIN
INE448U07208copy
Face Value
₹10,00,000
About Issue
This A+ rated bond from from Veritas Finance Limited, a corporate, offers a Fixed coupon of 10.35% with maturity on 23 June 2028. Issued through the Private placement as under ISIN INE448U07208, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
CARE A+ (Positive)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
23 Jun 2022
Remaining Tenure
2Y 11M
Security Name
VERITAS FINANCE LIMITED SR 14 10.35 NCD 23JU28 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE A+ (Positive)
Date of Rating
02 Jan 2025
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