Nuvama Wealth Finance Limited - INE918K07PU7
Other Financial Institutions
corporate
Coupon Rate
9.75%
Maturity Date
17 Jan 2028
ISIN
INE918K07PU7
Face Value
₹1,00,000
About Issuer
This AA- rated bond from Nuvama Wealth Finance Limited, a corporate, offers a Fixed coupon of 9.75% with maturity on 17 January 2028. Issued through the Private placement as under ISIN INE918K07PU7, 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
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
17 Jan 2025
Remaining Tenure
2Y 6M
Security Name
NUVAMA WEALTH FINANCE LIMITED SR 03 9.75 NCD 17JN28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
14 Apr 2025
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