Mumbai | Vivriti Capital Limited, a registered non-banking financial company (NBFC-ND-SI), is set to raise up to Rs. 500 crore through a public issue of secured, redeemable, non-convertible debentures (NCDs). The public issue opens on August 18, 2023, with an option for early closure on August 31, 2023. The NCDs offer different interest rates and tenure options, providing investors with effective yields ranging from 9.98% to 10.49% across Series I to Series V.

The company, with a strong lending portfolio, targets mid-corporates, offering innovative lending solutions backed by advanced technology and a robust risk management framework. The NCDs are rated A (Stable) by ICRA Limited and CARE A Positive by CARE Ratings Limited, adding to investor confidence.

Vivriti Capital aims to use at least 75% of the net proceeds from the issue for lending and financing, with the remaining funds allocated for general purposes.

The NCDs will be listed on BSE Limited, with JM Financial Limited serving as the Lead Manager to the Public Issue.

Investors in different categories, including institutional investors and retail individual investors, can participate in this offering, allowing a wide range of investors to access these NCDs.

Please refer to the official prospectus for detailed information and risk factors before investing.