777

VHFCL-7.85%-12-9-26-PVT

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Analysis

785VHFCL26 analysis



Key facts


Issuer
Vastu Housing Finance Corp. Ltd.
Issue date
Sep 12, 2022
Maturity date
Sep 12, 2026
Outstanding amount
‪1.00 B‬INR
Face value
1,000,000.00INR
Minimum denomination
10,000,000.00INR
Coupon
5.00% (Variable)
Vastu Housing Finance Corporation Ltd is a Public Limited Company registered with National Housing Bank as a Housing Finance corporation. VHFC is primarily engaged in socially relevant direct housing Finance to affordable Housing segment and low income segments . It will essentially provide loans to Self-Employed segment for following purposes: Purchase of house New & Re-Sale, Construction of house, Extension/ Improvement of House building, Composite Loan purchase of land & Construction of house, Commercial Purchase, Loan against Property, Builder Loans.
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