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Rupeek Bonds

23 Aug 2022 - Tushar
Reading time about 1 minute

Opportunity to participate in senior secured bonds of Rupeek, one of India’s fastest-growing NBFC providing Gold Loan solutions at Pre-Tax IRR of 12.5%

Opportunity Summary

Minimum investment you will need to do is around ₹ 1,01,526/- as of today.

  • Short term investment opportunity of 12 months 20 days payable monthly (from Oct 22) with IRR of 12.50% p.a.
  • Fastest growing and leading player in gold loan solutions in India.
  • Backed by marquee investors such as Sequoia, Accel, Bertelsmann, GGV Capital.
  • Promoted by IITian with 12+ years of experience. Strong management team with a long track record of managing operations and company finance.
  • 1.1x security cover of principal and accrued interest.
  • Guaranteed by Rupeek Fintech Pvt Ltd (parent) with networth of ₹ 400+ Crs as on March 2022.
  • Comfortable capitalization, healthy gearing and strong asset quality.

Short Tenure

An Opportunity to invest in Senior Secured bonds payable monthly from October onwards with high returns of 12.50% per annum.

Performance Metrics

  • Strong asset quality with healthy capitalization of more than 30%.
  • 80% of the portfolio comprises of short tenor loans ranging between 6-9 months.
  • Stable Net Interest Margin (NIM).
  • Company has the policy to maintain liquidity sufficient to cover six months interest and principal repayments.
  • Strong liquidity with positive ALM in all the buckets.

Security Structure

  • 1.1x security cover on assets of the NBFC.
  • Corporate Guarantee from the parent, Rupeek Fintech.
  • Monthly repayment structure minimizes runway risk.

Strong Investors

  • Rupeek is series E funded company & has raised over USD 100 MM in funding from Accel, Sequoia, Lightbox, GGV and Bertelsmann.
  • Rupeek is a Soonicorn and is valued more than USD 600 MM.
  • Marquee lenders such as Kotak Mahindra Bank & ICICI Bank.

How to invest in this opportunity?

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