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Instrument Details

ISIN: INE515Q07277

Face value

₹10,00,000

Coupon rate

12.20%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

73

Instrument Type

Debenture

Returns

High

Date of Issue

16 Oct 2019

Maturity Date

13 Oct 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ANNAPURNA FINANCE PRIVATE LIMITED 12.20 NCD 13OT24 FVRS10LAC
Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07277, with a face value of ₹10,00,000 rs on 16Oct19 to raise 73 crores. The debt instrument is issued with a coupon rate of 12.20% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 12.20% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY : 13/10/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given A- rating to this Debenture on 11Oct19. This issuer is formerly known as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
16-Oct-19 : Your investment
₹61,00,000
16-Apr-20 : Interest
₹61,00,000
16-Oct-20 : Interest
₹61,00,000
16-Apr-21 : Interest
₹61,00,000
16-Oct-21 : Interest
₹61,00,000
16-Apr-22 : Interest
₹61,00,000
16-Oct-22 : Interest
₹61,00,000
16-Apr-23 : Interest
₹61,00,000
16-Oct-23 : Interest
₹61,00,000
16-Apr-24 : Interest
₹38,63,333
13-Oct-24 : Interest
₹15,87,63,333
13-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,87,63,333)

Summary

Instrument Attributes

Value

Coupon Rate

12.20%

Returns

High

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bhubaneswar
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE515Q07277 issued by Annapurna Finance Private Limited

The instrument name of INE515Q07277 ISIN is ANNAPURNA FINANCE PRIVATE LIMITED 12.20 NCD 13OT24 FVRS10LAC.
The interest earned from INE515Q07277 bond issued by Annapurna Finance Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE515Q07277 bond issued by Annapurna Finance Private Limited has been assigned a credit rating of A- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.2%, which determines the periodic interest payments made to bondholders.
The INE515Q07277 Debenture is issued by Annapurna Finance Private Limited, a Private Sector company.
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