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VEL-8.60%-7-9-28-PVTVEL-8.60%-7-9-28-PVTVEL-8.60%-7-9-28-PVT

VEL-8.60%-7-9-28-PVT

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Key terms


Outstanding amount
—
Face value
100,000.00 INR
Minimum denomination
100,000.00 INR
Coupon
8.60% (Fixed)
Coupon frequency
Quarterly
Yield to maturity
—
Maturity date
Sep 7, 2028
Term to maturity
3 years

About VEL-8.60%-7-9-28-PVT


Issuer
Varroc Engineering Ltd.
Sector
Producer Manufacturing
Industry
Auto Parts: OEM
Home page
varroc.com
Issue date
Nov 7, 2023
ISIN
INE665L07040
FIGI
BBG01J6FPQ11
Varroc Engineering Ltd. engages in the manufacture and supply of automotive components. Its products include polymer, electrical-electronics, metallic, and lighting systems. It operates through the Automotive and Others segments. The Automotive segment offers automobile products which comprises of auto parts for two-wheelers, three-wheelers, and four-wheelers. The company was founded on May 11, 1988 and is headquartered in Aurangabad, India.

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860VEL28 analysis


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