Veritas Finance Limited - INE448U07224
Other Financial Institutions
corporate
Coupon Rate
9.75%
Maturity Date
28 Jul 2025
ISIN
INE448U07224
Face Value
₹1,00,000
About Issue
This A+ rated bond from from Veritas Finance Limited, a corporate, offers a Fixed coupon of 9.75% with maturity on 28 July 2025. Issued through the Private placement as under ISIN INE448U07224, 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
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
28 Mar 2024
Remaining Tenure
0D
Security Name
VERITAS FINANCE LIMITED SR 16 STRPP 1 9.75 NCD 28JL25 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE A+ (Positive)
Date of Rating
02 Jan 2025
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