Taxable
Tax Category
26 Aug, 2025
Maturity Date
(10 Mo 15 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
26 Dec, 2023
Allotment Date
NA
Put Date
20 Oct, 2024
Next Interest Payment Date
7 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
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
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 FY24 is 6.80x and it was 7.36x in FY22, indicating reducing debt levels due increase in profitability of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.45x and it was 1.15x in FY23, indicating increasing debt servicing ability of the issuer due to profits in FY24 as compared to consecutive losses in previous years.
Interest coverage ratio
Apr 04, 2024 | Neogrowth Credit Private Limited
Apr 04, 2024 | Neogrowth Credit Private Limited
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BOND VALUE DETAILS
Quote Not Available for purchase