Nuvama Wealth and Investment Limited - INE523L07660

Financial Markets

corporate

Coupon Rate
8.80%
Maturity Date
15 Jul 2025
ISIN
INE523L07660copy
Face Value
₹1,000
About Issue
This AA- rated bond from Nuvama Wealth and Investment Limited, a corporate, offers a Fixed coupon of 8.8% with maturity on 15 July 2025. Issued through the Public offer as under ISIN INE523L07660, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
ACUITE AA- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
15 Jul 2022
Remaining Tenure
0D
Security Name
NUVAMA WEALTH AND INVESTMENT LIMITED SR III 8.80 LOA 15JL25 FVRS1000
Risk Assessment
Credit Rating
Rating
ACUITE AA- (Stable)
Date of Rating
02 Aug 2024
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