Lendingkart Finance Limited

Instrument Category
Long Term Fund Based Bank Facilities
as on Mar 10, 2025
Ratings
IVR BBB+ (Reaffirmed)
Outlook
Rating Watch with Positive Implications
Instrument Amount
Rs. 32.75 Cr. (Reduced from Rs. 34.10 Cr.)
Instrument Category
Proposed Long Term Fund Based Bank Facilities
as on Mar 10, 2025
Ratings
IVR BBB+ (Reaffirmed)
Outlook
Rating Watch with Positive Implications
Instrument Amount
Rs. 317.25 Cr. (Increased from Rs. 315.90 Cr.)
Instrument Category
Non-Convertible debentures (NCDs)
as on Mar 10, 2025
Ratings
IVR BBB+ (Reaffirmed)
Outlook
Rating Watch with Positive Implications
Instrument Amount
Rs. 50.00 Cr.
Instrument Category
Non-Convertible debentures (NCDs)
as on Mar 10, 2025
Ratings
Withdrawn
Outlook
Nil
Instrument Amount
0.00 (Reduced from Rs. 44.00 Cr.)
Instrument Category
Proposed Non-Convertible Debentures (NCDs)
as on Mar 10, 2025
Ratings
IVR BBB+ (Reaffirmed)
Outlook
Rating Watch with Positive Implications
Instrument Amount
Rs. 60.00 Cr.

Rating Rationale