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Varthana Finance Private Limited 13.17% 2028 Bond

ISININE125T07212

VARTHANA FINANCE PRIVATE LIMITED 13.17 NCD 07AG28 FVRS1LAC

Varthana Finance Private Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 18 of its bonds.

Key terms

Issue date
7 Aug 2023
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate
Issuer nature
NBFC

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

Acuité BBB / Positive

BBBmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

BBB is the lowest investment-grade tier. Repayment capacity is judged moderate: currently sufficient, but more likely to weaken if business conditions deteriorate. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ACUITE BBB/Positive

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 13.59% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 7 Aug 2028; final payment ₹1,06,585 per bond.

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