Security Name: 12.55% Neogrowth Credit Private Limited 26 Aug 2025
ISIN: INE814O07485
Taxable
Tax Category
26 Aug, 2025
Maturity Date
(-22 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
26 Dec, 2023
Allotment Date
NA
Put Date
26 Aug, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
12.55%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
11 Aug, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Neogrowth Credit Private Limited
NeoGrowth Credit Private Limited commenced operations in FY2013, as a non-deposit taking systemically important NBFC providing loans to SMEs. The company was founded by Mr. Dhruv Khaitan and Mr. Piyush Khaitan, prior to setting up NeoGrowth, the promoters had founded and managed Venture Infotek, which provides end-to-end card payment processing solutions to banks that issue credit cards and those with whom merchants have point of sale terminals.
The ratio in FY25 is 6.98x and it was 6.81x in FY24, indicating increase in the debt level due to increase in the borrowings of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 1.04x and it was 1.45x in FY24, indicating decrease in the debt servicing ability of the issuer due to increase in bad loans and a deterioration in asset quality which negatively impacted their profitability.
Interest coverage ratio
Recent News
Neogrowth looking to raise Rs 500 crore, eyes AUM of Rs 4,000 crore by March
Jul 24, 2024 | Neogrowth Credit Private Limited
Neogrowth Credit Pvt standalone net profit declines 73.76% in the September 2024 quarter
Nov 28, 2024 | Neogrowth Credit Private Limited
Neogrowth Credit Pvt reports standalone net loss of Rs 8.23 crore in the March 2025 quarter
Jun 24, 2025 | Neogrowth Credit Private Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
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To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE814O07485 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 12.55% Neogrowth Credit Private Limited 26 Aug 2025 |
| Credit Rating |
|---|
| BBB+ Stable by ICRA |
| Coupon Frequency |
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| Monthly |
| Face Value |
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| ₹20,000 |
| Coupon |
|---|
| 12.550000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
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| 26/08/2025 |
| Security |
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| Senior Secured |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹0 |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
