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NCD Status: Closed [18th Aug 2023 to 31st Aug 2023]
Vivriti Capital issues secured and Redeemable NCD comprises Base issue size worth of Rs 250.00 Cr. The subscription is opening from 18 Aug 2023 to 31 Aug 2023. The company issues series I to V at an issue price of Rs. 1000 per NCD. Check more about the Vivriti Capital NCD Aug 2023 Details including NCD coupon rates, minimum ticket size, tenor, credit rating, basis of allotment, payment frequency, and more
| NCD Opening Date: | 18th Aug 2023 |
| NCD Closing Date: | 31st Aug 2023 |
| NCD Type: | Secured NCD |
| Issue Size (Base): | ₹250.00Cr |
| Issue Size (Shelf): | |
| Face Value: | Rs 1000 each NCD |
| Issue Price: | Rs 1000 per NCD |
| Market Lot: | 1 NCD |
| Min Order Qty: | 10 NCD |
| Min Order Amount: | Rs 10000 |
| Listing at: | BSE |
| Tenor: | 18 and 24 Months |
| Rating: | ICRA A (Stable) by ICRA Limited and CARE A+ by CARE Ratings Limited |
| Series: | Series I to V |
| Payment Frequency: | Monthly, Quarterly and Annually |
| Basis of Allotment: | |
| Interest on return: |
Zerodha Trade@20
| NCD Activity | Date |
|---|---|
| NCD Issue Open | 18th Aug 2023 |
| NCD Issue Close | 31st Aug 2023 |
| BSE Code: | 3114 |
| BSE Script Symbol: | VCLNCD01 |
* - Tentative Dates
| Category Name | NCD's Reserved | NCD's Allocated |
|---|---|---|
| Institutional | 500000 | 20% |
| Non-Institutional | 500000 | 20% |
| HNI | 750000 | 30% |
| Retail | 750000 | 30% |
Vivriti Capital is a non-deposit taking Non-Banking Financial Company (NBFC) in India. It offers various products like loans, working capital demand loans, co-lending with financial partners, securitisation of receivables, direct assignment of receivables, supply chain finance, etc.
The company offer lending products to mid size corporate across sectors like healthcare, pharma, logistics, retail, trading, steel, auto, manufacturing, financial, and FMCG. The loan ticket size ranges from Rs 0.10 lakh to Rs 8,000.00 lakh for tenure of 1 month to 48 months.
As of March 31, 2023, it has a total AUM of Rs 583,580.01 lakh.
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,468.10 | 2,213.35 | 6,797.59 | 8,457.42 |
| Revenue | 148.85 | 245.67 | 2,417.28 | 703.59 |
| Profit After Tax | 9.63 | 14.42 | 1,579.09 | 134.89 |
| Net Worth | ||||
| Reserves and Surplus | ||||
| Total Borrowing |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
Vivriti Capital Limited NCD Coupon Rates
| # | Series 1 | Series 2 | Series 3 | Series 4 | Series 5 |
|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Annual | Quarterly | Monthly | Annual |
| Nature | Secured | Secured | Secured | Secured | Secured |
| Tenor | 18 Months | 18 Months | 24 Months | 24 Months | 24 Months |
| Coupon (% per Annum) | 9.57% | 10.00% | 9.65% | 10.03% | 10.50% |
| Effective Yield (% per Annum) | 9.98% | 10.06% | 9.98% | 10.49% | 10.48% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | NA | Rs 1,000.00 | Rs 1,000.00 |
Vineet Sukumar and Gaurav Kumar are the promoters of the company.
The company has received a rating of ICRA A (Stable) by ICRA Limited and CARE A+ by CARE Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.
Last Updated on 2023-09-03T06:33:00+00:00
