As of my last knowledge update in September 2021, I do not have information on the specific details of the Vivriti Capital Limited NCD (Non-Convertible Debenture) issuance in August 2023. NCDs are fixed-income instruments issued by companies to raise funds from the public. They carry a fixed interest rate and maturity period. For accurate and up-to-date information about the Vivriti Capital NCD August 2023, including terms, interest rates, and other relevant details, I recommend checking official sources such as the company’s website, stock exchange announcements, or financial news platforms.
Incorporated in 2017, Vivriti Capital Limited offers lending products to mid-market enterprises across the country. The company is registered with the RBI as a non-deposit-taking systemically important non-banking financial company (NBFC-NDSI).
Vivriti Capital offers term loans, working capital demand loans, co-lending with financial partners, securitization of receivables, direct assignment of receivables, supply chain finance, and subscription to bonds and commercial paper to entities that are either unrated or have ratings that do not permit them to have easy access to banking finance from urban/semi-urban areas.
The company’s clientele includes mid-corporates in the business of healthcare, pharma, logistics, retail, trading, steel, auto, manufacturing, financial services, and fast-moving consumer goods. As of March 31, 2023, the company had total outstanding loan assets of ₹ 450,873.24 lakh and investments in bonds, securitizations, and commercial paper of ₹ 132,706.77 lacks.