Search
VARTHANA FINANCE PRIVATE LIMITED
Sector Focus
NBFC
Highest Credit Rating
BBB (Stable) by CRISIL Ratings Limited
Oct 16, 2024
Yield
11.9981% XIRR
Coupon
11.5000 % p.a.
Rating
BBB (Stable)
ISIN
INE125T07303
Maturity Date
27 Sep, 2026
Key Strengths
Strong Support From Marquee Investors
Varthana is backed by prominent investors including LGT Capital Invest Mauritius (AUM: USD $100+ Bn), ChrysCapital (AUM: USD $5+ Bn), Omidyar Network, and Elevar Equity Management Limited.
Healthy Capitalisation
The company reported a capital adequacy ratio (CAR) of 41.06% as of 31st March 2024, well above the RBI’s regulatory requirement of 15%.
Experienced Management Team
Company has – Co-founders and directors, Mr. Steve Hardgrave and Mr. Brajesh Mishra, bring a combined 54 years of experience in the banking and financial services industry.
Improvement in Asset quality
Varthana’s gross NPA improved significantly, reducing to 2.8% as of 31st March 2024, from 8.4% a year earlier
Bonds you may like...
SATYA MICROCAPITAL LIMITED
Coupon
13.8500%
Maturity
Jul 2029
Rating
Type of Bond
Subordinate Debt
Yield
14.7550%
Price
₹ 1,00,341.51
EARLYSALARY SERVICES PRIVATE LIMITED
Coupon
11.7500%
Maturity
Dec 2025
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
12.2500%
Price
₹ 1,00,815.99
KRAZYBEE SERVICES PRIVATE LIMITED
Coupon
11.0000%
Maturity
Jan 2026
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
12.2500%
Price
₹ 82,736.07
MANBA FINANCE LIMITED
Coupon
11.7500%
Maturity
Jun 2026
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
12.2000%
Price
₹ 1,00,005.94
VARTHANA FINANCE PRIVATE LIMITED
Coupon
11.5000%
Maturity
Sep 2026
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
11.9969%
Price
₹ 1,00,756.16
NAMRA FINANCE LIMITED
Coupon
11.0000%
Maturity
May 2026
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
11.4545%
Price
₹ 1,01,747.95
ESAF SMALL FINANCE BANK LIMITED
Coupon
11.0000%
Maturity
Apr 2030
Rating
Type of Bond
Subordinate Debt Tier 2 - Lower
Yield
11.2874%
Price
₹ 1,00,934.25
AYE FINANCE PRIVATE LIMITED
Coupon
10.6000%
Maturity
Jan 2026
Rating
Type of Bond
Secured - Regular Bond/Debenture
Yield
11.1311%
Price
₹ 99,883.84
Note:
The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
Issuer Notes
Regulatory Circulars
News
Home
Blogs
Videos
Glossary
More
Follow Us
CIN: U67100MH2008PTC178990 |
SEBI Registration No.: INZ000311637 |
NSE Member ID - Debt Segment: 90316 |
BSE Member ID - Debt Segment: 6811
SEBI Registration No.: INZ000311637 |
NSE Member ID - Debt Segment: 90316 |
BSE Member ID - Debt Segment: 6811
Registered Address: 605, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz - (East), Mumbai – 400 098.
© 2020-2022 India Bond Pvt Ltd.