Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in bullet instalments
The Principal is returned in bullet instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹9,925.33
Date of maturity04 Nov 2027
ISININE01HV07627
Bond typeSenior Secured
Rating
A+
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is CARE.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout
Maturing on 04 Nov '27 • Quarterly payout
About
Vivriti Capital Limited (VCL) is a Chennai-based Non-Banking Financial Company (NBFC-ND-SI) established in June 2017. The company provides targeted debt financing to mid-market corporations across various sectors in India, offering products such as term loans, working capital demand loans, non-convertible debentures, and commercial paper. Under the leadership of founder and CEO Mr. Vineet Sukumar, Vivriti has built an institutional ownership structure comprising major investors including Creation Investments, TVS Capital, and Lightrock. As of March 31, 2025, the company managed a consolidated loan portfolio (AUM) of ₹8,421 crore.;
Pros and Cons
Pros
Cons
The company maintains strong and diversified institutional backing from prominent global investors, supporting regular capital infusions.
VCL demonstrates a robust capitalization profile, supported by a standalone tangible net worth of ₹2,279 crore and an overall Capital Adequacy Ratio (CAR) of 26.68% as of March 31, 2025.
The business exhibits a highly diversified loan portfolio spanning across more than 40 different sectors, significantly limiting systemic concentration risk.
Operations are supported by strong and resilient asset quality metrics, with standalone Gross Non-Performing Assets (GNPA) at 0.50% and Net NPAs at just 0.17% as of March 31, 2025.
The company possesses a well-diversified funding profile, raising capital from a broad mix of public sector banks, private banks, foreign banks, and capital market instruments.
Other details
Clean price₹9,945.38
Dirty price₹9,925.33
Current yield10.00%
Security cover--
Issue size200.00Cr
Original bond tenure25 months
TrusteeBeacon Trusteeship Ltd
Mode of issueNCD
Listed onNSE
Listing date19 Sep 2025
Coupon rate9.15%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.