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15.1% annualized IRR icon
15.1% Annualized IRR
RBI-registered company icon
RBI-Registered company
asset-backed security icon
Asset-based security
guaranteed by promoters icon
Guaranteed by promoters
18 months tenure icon
18 months tenure
monthly payouts icon
Monthly Payouts
minimum investment Rs 50,000 icon
Rs. 50,000 minimum investment
IIT/IIM team icon
IIT + IIM team with banking background
IDBI trusteeship monitoring icon
IDBI Trusteeship monitoring

About Ascend Capital

RBI-registered NBFC icon
RBI-registered NBFC
Ascend is licensed and closely monitored by RBI, India’s paramount financial institution
vehicle finance specialists icon
Vehicle Finance Specialists
Ascend specializes in giving e-vehicle loans across northern India
perfect track record icon
Perfect Track Record
Ascend has never defaulted on any loan in the past, and has a perfect repayment record
experienced team icon
Experienced Team
The promoters are ex-IIT and IIM with extensive banking and tech experience
profitable company icon
Profitable Company
Ascend has been profitable every year for the last 3 years
large client base icon
Large Client Base
Ascend currently has over 4,000 clients

Why We Are Bringing You This Deal

Attractive terms

15.1% annualized pre-tax IRR is an extremely attractive return for a product as balanced as this

Strong Security

Multi-pronged security of assets, personal guarantee of both promoters, and corporate guarantee of the parent company gives us a lot of comfort for risk management

Strong Management Team

Promoters of the company are IIT and IIM alumni, with extensive experience at MNC banks before founding Ascend

Non-market Linked Returns

The product is independent from the stock market. Even if the market crashes, there will be no change in the returns and repayment schedule

Monthly Payments

Large monthly payments consisting of principal + interest means that investors are generating sizeable passive income

Short Tenure

The entire product matures in 18 months, which means that investors have flexibility to get their money back quickly

About the Trustee

IDBI Trusteeship is a SEBI-registered Trustee company, and is promoted by IDBI, LIC and GIC.

The Debenture Trustee monitors the security on behalf of the investors, and flags any deviation or breach of the terms agreed.

The strong pedigree and reputation of the trustee ensures that they will not compromise the interest of the investors.

About The Security

The most important aspect of the underlying security is that it is a loan book, which constitutes an Income Generating Asset. Unlike other securities (like property), the pledged loan book generates cash-flow for Ascend every month. This reduces the repayment burden, and greatly increases the surety of timely payment of your monthly returns.

120% collateral cover icon
Multiples Of 120%

Ascend will ensure that the pledged loan book will not fall below 120% of your outstanding investment. Any delinquent loans will be replaced in a timely manner.

secured vehicle loan book icon
Secured Vehicle Loan Book Only

The pledged book will constitute only loans given to retail borrowers against a physical vehicle. The vehicle will remain pledged until the entire loan is paid off, and can be repossessed at any time in case of default.

personal guarantee icon
Personal Guarantee

Both promoters are giving their personal guarantee to protect the investor, which includes access to all their personal properties and assets. This means that the promoters take personal responsibility to repay investors by using their own assets if required.

minimum ownership clause icon
Minimum Ownership Clause

The existing promoters are required to hold minimum 51% ownership stake in the company. They cannot sell their shares and exit without compensating the investors.

Indicative Repayment Schedule

Investment of Rs. 1,00,000

- Investment amount: Rs. 1,00,000

- Date of Investment: 2nd July 2023

- Monthly payout: Rs. 6,200

- Payout date: 1st of every month

- Tenure: 18 months

- XIRR: 15.1%

2-Jul-23 -100000
1-Aug-23 6200
1-Sep-23 6200
1-Oct-23 6200
1-Nov-23 6200
1-Dec-23 6200
1-Jan-24 6200
1-Feb-24 6200
1-Mar-24 6200
1-Apr-24 6200
1-May-24 6200
1-Jun-24 6200
1-Jul-24 6200
1-Aug-24 6200
1-Sep-24 6200
1-Oct-23 6200
1-Nov-24 6200
1-Dec-24 6200
1-Jan-25 6200
XIRR 15.1%

Documents

Bond Issue Memo
Annual Report

Ready to Invest?

Once you have created an account and uploaded your KYC, drop us a WhatsApp so we can guide you through the transaction.

FAQ

Any individual over the age of 18 years having a valid demat account, PAN and Aadhaar card can invest.

Yes, the KYC requirements are slightly different. If you are a corporate investor, please reach out to us at [email protected] for making investments.

It’s really easy, you register with your mobile number, and complete our simple KYC process. Then invest in any available opportunity listed on the Assets page after reviewing the details about the same. There is no cool-down period, no lengthy paperwork, no hassle. You can become an investor within minutes of deciding.

We have simple 4-step KYC process which includes providing your PAN card, address proof (Aadhaar or passport), bank details and demat account details.

ROI is absolute growth on investment over the investment period without considering time value of money. IRR is effective annual return considering time value of money.  

Companies do this for various reasons, some of them are: 

  • Cheaper than raising money through equity investments
  • Doesn’t involve diluting ownerships
  • Building brand value with investors
  • Faster than bank loans

Every investment you see on Stable is secured – we do not do any unsecured investments. This means that there is always some type of asset that is pledged to the investors to protect you in the unlikely event of default.  

Yes, there is a minimum investment specific to every opportunity listed on Stable. Usually it is just Rs. 50,000. 

A trustee is a SEBI-registered third-party company which acts as a custodian for the investor. They hold the security provided by the borrowing company, and the trustee will act solely on the instructions of the investors. In case of any untoward situation, the Trustee will take instructions from the investors to liquidate the pledged securities and remit the money back to the investors. They also monitor the borrower to make sure they are honoring their commitment every month, and they are submitting their financial health-related documents as directed.   

All opportunities that are listed on the Stable platform pass through our robust credit, due diligence and risk assessment framework. However, these investment opportunities carry varying degrees of risk. Under extreme scenarios, though unlikely, there is a possibility of losing 100% of the invested amount. Hence, we recommend that investors understand the risk associated with every opportunity thoroughly before investing. Diversifying your investments across multiple opportunities on Stable is recommended. We also recommend that under no circumstance should an investor invest a majority of their portfolio in a single opportunity on Stable.  

A demat account (CDSL or NSDL) helps investors hold shares and securities in an electronic format. It is unique to each market participant and each client, and it is a 16-digit number. The Demat Account Number includes a Depository Participant ID, and a Customer number with your depository participant/broker. 

If you hold mutual funds, bonds, stocks, etc. then you probably already have a valid demat. Check with your depository participant or broker. You will be able to locate the demat account number by going to your profile section or pull last statement with your broker. It is also mentioned in the CAS statement that you get regularly from NSDL or CDSL.  

Examples of depository participants or brokers include: Zerodha, Grow, Upstox, HDFC Securities, ICICIdirect, Kotak Securities, SBI Securities, etc.

You can track and monitor your investments through Stable’s detailed dashboard. We will also send you information regarding your investments from time to time. Our customer relations team is always available if you require further assistance. 

Usually the NCD’s or securities are transferred into your demat within 7 working days, though we try to do it much faster. 

Payouts would be credited directly into the banking account associated with your demat account.  

Yes, investments can be made through UPI.  

All investment made on Stable are backed by permitted securities/ instruments which eventually secures the rights/ ownership/ title of the investors independent of Stable’s existence. In short, you will not be affected at all in the unlikely event that Stable shuts down.

  • Credit risk – The borrower’s ability to pay interest periodically and principal upon maturity.
  • Liquidity risk - Ability to exit the investment before the tenure. Unlisted bonds are difficult to sell given the absence of robust retail marketplace for the same.
  • Structure risk - The structure of an instrument helps identify what recourse an investor has in case of a default. A secured NCD/bond represents a lower risk compared to an unsecured product.

Some Love From Our Clients

I've tried several investment products in the past, but this one has by far exceeded my expectations. The returns have been consistently impressive, and the support team is always available to explain the options to me.

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Tejas Jhaveri
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I never liked the risk and uncertainty of the stock market, so I used to invest my money in FD and debt funds with a return of 7-8%. Now I get double of that, and I still have certainty of payments and growth every month.

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Sidhesh Khaitan
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I have found that investing in Stable’s alternative debt options are a great way to earn higher returns than traditional options, without exposing myself to too much risk. I appreciate the stability and predictability of the returns, and the fact that my investment is backed by real assets.

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Yash Seksaria
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I'm not someone who knows a lot about investing, but Stable Investments has made it so accessible for me. The customer support team is always available to answer any questions I have, and gives me great guidance for my individual requirements.

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Alaviya Rizvi
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I was introduced to Stable Investments by a friend, and it’s a great way to diversify my portfolio. I was always worried about the volatility of equity markets, but Stable’s products are non-market linked, so I get fixed returns every month without any headache.

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Pranav Agarwal

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I've been investing with Stable for a few months now and I've already seen significant growth in my portfolio. Their products have provided me with a reliable source of passive income.

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Karishma Gupta

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