Vivriti Capital Limited

Vivriti Capital Limited is RBI registered NBFC-NDSI. The Company was incorporated on June 22, 2017, in Chennai, India. They offer lending products to mid-corporates. Such products include term loans, working capital demand loans, co-lending with financial partners, securitisation of receivables, direct assignment of receivables, supply chain finance and subscription to bonds and commercial paper. They cover a diversified demographic of clients through the lending products and provide access to financial services by leveraging technology and offering customized financial solutions to the clients. Company's target clients comprise entities which are either unrated or have ratings that do not permit the clients to have easy access to banking finance, and primarily hailing from urban/ semi-urban areas. Company had an AUM of Rs 583,580.01 lakh as of March 31, 2023 and Rs 381,686.09 lakh as of March 31, 2022 across 194 mid corporates and 13.21 lakh borrowers / clients through co-lending arrangements and 24 Anchors covering 183 MSME and non MSME counterparties for supply chain finance as of March 31, 2023. As of March 31, 2023, they have five regional offices in India in the states of Tamil Nadu, Maharashtra, Karnataka, Rajasthan, and Delhi. Based on rating the coupon rates are good, financial performance also good and industry is also showing good growth. So we give SUBSCRIBE rating to this debt offer.

• 1  Vineet Sukuma
• 2 Gaurav Kumar