Exploring Investment Opportunities: Vivriti Capital's Non-Convertible Debentures (NCDs) Public Issue


Vivriti Capital Limited (VCL), a notable player in India's financial sector, is gearing up to offer a unique investment opportunity through their Non-Convertible Debentures (NCDs) public issue. Established in June 2017 by Mr. Vineet Sukumar and Mr. Gaurav Kumar, VCL operates under the regulatory oversight of the Reserve Bank of India (RBI) and has gained prominence for its innovative financial solutions.

The NCDs, akin to specialized certificates, are being extended to the public. This issuance aims to raise a total value of ₹25,000 lakh, with an option to increase it to ₹50,000 lakh, highlighting the substantial interest in this offering.

Key Details of the Vivriti NCD Offering:

1.       NCDs Value: Each NCD certificate is valued at ₹1,000, available for purchase in increments of 10 or more.

2.       Issue Period: The opportunity to acquire these certificates commences on August 18, 2023, and remains open until August 31, 2023.

3.       Listing: Once acquired, the NCDs will be listed on the BSE stock exchange for trading.

4.       Collaborative Partners: VCL is collaborating with JM Financial Limited and other trusted organizations to ensure the integrity and fairness of the process.

Background and Growth:

Founded by visionary entrepreneurs, VCL's journey began in 2017 and has since evolved into a pivotal financial institution in India. With strategic support from esteemed investors such as Creation Investments, Lightrock, and TVS Capital, VCL's transformation into a public limited company in 2023 underscored its commitment to excellence and growth.

Diverse Lending Portfolio:

VCL caters to a wide spectrum of mid-corporate clients across sectors including healthcare, pharma, logistics, and retail. Its versatile lending portfolio encompasses offerings like term loans, working capital loans, and securitization of receivables, tailored to suit varying borrower profiles.

Solid Financial Performance:

As of March 31st, 2023, VCL boasts a robust Assets Under Management (AUM) of ₹5,83,580.01 lakh. The company's prudent financial management is evident through its stable Net Worth of ₹1,56,474.55 lakh and a well-balanced Debt-to-Equity ratio of 3.05x. Notably, VCL reported consistent Profit After Tax (PAT) figures, reflecting its sustainable growth trajectory.

Resilient Asset Quality:

VCL's low Net Non-Performing Assets (NPAs) percentages, standing at 0.08% for FY23, highlight its cautious lending practices and effective risk management approach.

Upcoming NCD Offering:

VCL is gearing up for a significant public NCD issue, focusing on secured, rated, listed, redeemable NCDs. The issuance, supported by credit ratings from ICRA and CARE, seeks to raise up to ₹50,000 lakh, with an option for an oversubscription of ₹25,000 lakh.

Issue Structure of Vivriti NCD:

The NCDs will be issued in various series, each with distinct terms, tenor, and coupon rates, catering to different investor preferences.

Investing in the Future:

Vivriti Capital Limited's NCD offering is a chance to align with a company that's demonstrated strong financial performance, effective risk management, and strategic expansion. With a track record of profitability and a solid foundation, VCL presents an enticing investment prospect.

Disclaimer: This information is provided for informational purposes only and does not constitute financial advice. Prospective investors should carefully review the official offering documents and seek professional advice before making investment decisions.

Source :- https://ext-6167199.livejournal.com/7773.html

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