Laxmi India Finance Private Limited (formerly Laxmi India Finleasecap Private Limited) - INE06WU07064

Other Financial Institutions

corporate

Coupon Rate
11.49%
Maturity Date
28 Jun 2027
ISIN
INE06WU07064copy
Face Value
₹1,00,000
About Issue
This A- rated bond from Laxmi India Finance Private Limited (formerly Laxmi India Finleasecap Private Limited), a corporate, offers a Fixed coupon of 11.487% with maturity on 28 June 2027. Issued through the Private placement as under ISIN INE06WU07064, 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
ACUITE A- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
28 Jun 2024
Remaining Tenure
23M
Security Name
LAXMI INDIA FINANCE LIMITED 11.487 NCD 28JU27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
ACUITE A- (Stable)
Date of Rating
02 Aug 2024
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