Nuvama Wealth and Investment Limited - INE523L07AJ8

Financial Markets

corporate

Coupon Rate
N/A
Maturity Date
18 Jan 2027
ISIN
INE523L07AJ8copy
Face Value
₹1,00,000
About Issuer
This AA- rated bond from Nuvama Wealth and Investment Limited, a corporate, offers a Fixed coupon of 0% with maturity on 18 January 2027. Issued through the Private placement as under ISIN INE523L07AJ8, 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
CRISIL AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
As per Schedule
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
49.00 Cr
Allotment Date
01 Mar 2024
Remaining Tenure
17M
Security Name
NUVAMA WEALTH AND INVESTMENT LIMITED SR J6A401A NCD 18JN27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
04 Oct 2024
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