The subscription period for Vivriti Capital NCD Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) will begin on August 18, 2023. On NCDs, Vivriti Capital will give 10.50% interest rates. The Vivriti Capital NCD has an ICRA A (Stable) rating from ICRA Limited and a CARE A+ rating from CARE Ratings Limited. The NCDs have terms of 18 or 24 months. Details about Vivriti Capital NCD 2023 can be found here.
Vivriti Capital Limited is a non-deposit-taking systemically important non-banking financial company (NBFC-ND-SI) registered with the RBI. On June 22, 2017, Vivriti Capital was incorporated in Chennai, India. They provide term loans, working capital demand loans, co-lending with financial partners, receivables securitisation, direct assignment of receivables, supply chain finance, and subscription to bonds and commercial paper to mid-corporates. Through its loan products, the company serves a diverse demographic of
clients and provides access to financial services by using technology and providing clients with customised financial solutions. The target clients are entities who are either unrated or have ratings that prevent our clients from easily accessing banking credit and are predominantly from urban/ semi-urban areas.
Vivriti Capital Tranche I NCD August 2023 Details
| NCD Issue Open | August 18, 2023 |
| NCD Issue Close | August 31, 2023 |
| NCD Issue Size | Base: 250 Cr. | Shelf: [.] Cr. |
| Price Band | ₹1000 per NCD |
| Interest Rate | Up to 10.50% ** (Annually) |
| Minimum Investment | 10 Bonds (₹10,000) |
| Listing on | BSE Platform |
| Credit Rating | ICRA A (Stable) by ICRA Limited CARE A+ by CARE Ratings Limited |
| Tenor | 18, and 24 Months |
| Basis of Allotment | First Come First Serve Basis |
Vivriti Capital NCD August 2023 Promoters
- Vineet Sukumar
- Gaurav Kumar
How to Apply Vivriti Capital NCD August 2023 Issue?
You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.
Vivriti Capital NCD Review
- May Apply
Vivriti Capital NCD August 2023 Tenure & Interest Rates
| # | Tenure | Payment | Coupon | Eff. Yield |
|---|---|---|---|---|
| 1 | 18 Month | Monthly | 9.57% | 9.98% |
| 2 | 18 Month | Annual | 10.00% | 10.06% |
| 3 | 24 Month | Quarterly | 9.65% | 9.98% |
| 4 | 24 Month | Monthly | 10.03% | 10.49% |
| 5 | 24 Month | Annual | 10.50% | 10.48% |
Vivriti Capital NCD Allocation Ratio
| Category | Allocation |
|---|---|
| Institutional | 20% |
| Non-Institutional | 20% |
| HNI | 30% |
| Retail | 30% |
Vivriti Capital NCD August 2023 Lead Manager
- Jm Financial Limited
Vivriti Capital NCD August 2023 Registrar
Integrated Registry Management Services Private Limited
Phone: + 91 44 2814 0801 to 803
Email: [email protected]
Website: https://www.integratedindia.in
Company Information
Vivriti Capital Limited
Prestige Zackria Metropolitan No. 200/1-8,
2nd Floor, Block -1, Annasalai
Chennai 600 002
Phone: +91 44 4007 4800
Email: [email protected]
Website: https://www.vivriticapital.com
Vivriti Capital NCD August 2023 FAQs:
Q1. When is Vivriti Capital NCD Open?
Ans. Vivriti Capital NCD is to open on August 18 and close on August 31, 2023.
Q2. What is Vivriti Capital NCD Price?
Ans. The company has fixed the price at ₹1000 per NCD.
Q3. What is Vivriti Capital NCD Issue Size?
Ans. The NCD issue size is ₹250 crores.
Q4. On Which platform the Vivriti Capital NCD will list?
Ans. Vivriti Capital NCD will list on BSE Platforms.
Q5. How to apply for Vivriti Capital NCD?
Ans. You can apply from your existing Demat account online and offline.
