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Instrument Details

ISIN: INE746T07116

Face value

₹25,000

Coupon rate

12.39%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

34.875

Instrument Type

Debenture

Returns

High

Date of Issue

14 Jul 2020

Maturity Date

14 Jul 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (ICRA 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

ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 12.39 NCD 14JL25 FVRS25000
Asa International India Microfinance Limited, a Finance company, has floated Debenture, having ISIN value as INE746T07116, with a face value of ₹25,000 rs on 14Jul20 to raise 34.875 crores. The debt instrument is issued with a coupon rate of 12.39% 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 12.39% SECURED RATED UNLISTED SENIOR TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 14/07/2025. 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. ICRA LIMITED has given D rating to this Debenture on 07Jun24. This issuer is formerly known as ASA INTERNATIONAL INDIA MICROFINANCE PRIVATE LIMITED, DILKUSHA HIRE PURCHASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
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Date Verified
10 Jun 2024
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Outlook
No Outlook
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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
₹25,000
Lot Size
100
Minimum Investment
₹25,00,000

Cashflow

₹25,00,000
14-Jul-20 : Your investment
₹1,54,875
14-Jan-21 : Interest
₹1,54,875
14-Jul-21 : Interest
₹1,54,875
14-Jan-22 : Interest
₹1,54,875
14-Jul-22 : Interest
₹1,54,875
14-Jan-23 : Interest
₹1,54,875
14-Jul-23 : Interest
₹1,54,875
14-Jan-24 : Interest
₹1,54,875
14-Jul-24 : Interest
₹1,54,875
14-Jan-25 : Interest
₹1,54,875
14-Jul-25 : Interest
₹40,48,750
14-Jul-25 : Maturity amount (Investment: ₹25,00,000, Interest earned: ₹15,48,750)

Summary

Instrument Attributes

Value

Coupon Rate

12.39%

Returns

High

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Jalandhar
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE746T07116 issued by Asa International India Microfinance Limited

The instrument name of INE746T07116 ISIN is ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 12.39 NCD 14JL25 FVRS25000.
The interest earned from INE746T07116 bond issued by Asa International India Microfinance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE746T07116 bond issued by Asa International India Microfinance Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.39%, which determines the periodic interest payments made to bondholders.
The INE746T07116 Debenture is issued by Asa International India Microfinance Limited, a Private Sector company.
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