Nuvama Wealth Finance Limited - INE918K07PR3
Other Financial Institutions
corporate
Coupon Rate
9.62%
Maturity Date
16 Jun 2027
ISIN
INE918K07PR3
Face Value
₹1,00,000
About Issuer
This AA- rated bond from Nuvama Wealth Finance Limited, a corporate, offers a Fixed coupon of 9.62% with maturity on 16 June 2027. Issued through the Private placement as under ISIN INE918K07PR3, 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
CARE AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
125.00 Cr
Allotment Date
07 Apr 2025
Remaining Tenure
22M
Security Name
NUVAMA WEALTH FINANCE LIMITED SR NWFL200824/02 9.62 NCD 16JU27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
14 Apr 2025
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