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Instrument Details

ISIN: INE08X507038

Face value

₹5,00,000

Coupon rate

13.75%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

28

Instrument Type

Debenture

Returns

High

Date of Issue

14 Feb 2022

Maturity Date

14 Jun 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

BHANIX FINANCE AND INVESTMENT LIMITED 13.75 NCD 14JU23 FVRS5LAC
Bhanix Finance And Investment Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE08X507038, with a face value of ₹5,00,000 rs on 14Feb22 to raise 28 crores. The debt instrument is issued with a coupon rate of 13.75% and its interest is paid Monthly. 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 13.75% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 14/06/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as BHANIX FINANCE AND INVESTMENT 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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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
₹5,00,000
Lot Size
100
Minimum Investment
₹5,00,00,000

Cashflow

₹5,00,00,000
14-Feb-22 : Your investment
₹5,72,916
14-Mar-22 : Interest
₹5,72,916
14-Apr-22 : Interest
₹5,72,916
14-May-22 : Interest
₹5,72,916
14-Jun-22 : Interest
₹5,72,916
14-Jul-22 : Interest
₹5,72,916
14-Aug-22 : Interest
₹5,72,916
14-Sep-22 : Interest
₹5,72,916
14-Oct-22 : Interest
₹5,72,916
14-Nov-22 : Interest
₹5,72,916
14-Dec-22 : Interest
₹5,72,916
14-Jan-23 : Interest
₹5,72,916
14-Feb-23 : Interest
₹5,72,916
14-Mar-23 : Interest
₹5,72,916
14-Apr-23 : Interest
₹5,72,916
14-May-23 : Interest
₹5,72,916
14-Jun-23 : Interest
₹5,91,66,666
14-Jun-23 : Maturity amount (Investment: ₹5,00,00,000, Interest earned: ₹91,66,666)

Summary

Instrument Attributes

Value

Coupon Rate

13.75%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE08X507038 issued by Bhanix Finance And Investment Limited

The instrument name of INE08X507038 ISIN is BHANIX FINANCE AND INVESTMENT LIMITED 13.75 NCD 14JU23 FVRS5LAC.
The interest earned from INE08X507038 bond issued by Bhanix Finance And Investment Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE08X507038 bond issued by Bhanix Finance And Investment Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13.75%, which determines the periodic interest payments made to bondholders.
The INE08X507038 Debenture is issued by Bhanix Finance And Investment Limited, a Private Sector company.
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