The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE027208011

Face value

₹10,00,000

Coupon rate

7.65%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Medium

Date of Issue

09 Mar 2021

Maturity Date

03 Jul 2031

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

BOB FINANCIAL SOLUTIONS LIMITED SR T-1 7.65 NCD 07MR31 FVRS10LAC
Bob Financial Solutions Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE027208011, with a face value of ₹10,00,000 rs on 09Mar21 to raise 50 crores. The debt instrument is issued with a coupon rate of 7.65% and its interest is paid 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 Unsecured Debenture is 7.65% UNSECURED RATED LISTED SUBORDINATED TAXABLE NON CONVERTIBLE DEBENTURES. SERIES T-1.DATE OF MATURITY 07/03/2031. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Mar21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 08Jan21. This issuer is formerly known as BOBCARDS 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
AAA
Highest Safety
AAA
check
Date Verified
07 May 2024
check
Outlook
Stable
logo
Seniority in Repayment
Subordinate Tier 2
logo
Security
Unsecured
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
09-Mar-21 : Your investment
₹76,50,000
09-Mar-22 : Interest
₹76,50,000
09-Mar-23 : Interest
₹76,50,000
09-Mar-24 : Interest
₹76,50,000
09-Mar-25 : Interest
₹76,50,000
09-Mar-26 : Interest
₹76,50,000
09-Mar-27 : Interest
₹76,50,000
09-Mar-28 : Interest
₹76,50,000
09-Mar-29 : Interest
₹76,50,000
09-Mar-30 : Interest
₹76,50,000
09-Mar-31 : Interest
₹17,65,00,000
03-Jul-31 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,65,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.65%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Subordinate Tier 2

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
wm-logo

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

4.3

Rating

rating

Rated ★ 4.3+ on

playstoreappstore

Download the App

appstore
playstore
wm-qr

FAQs about INE027208011 issued by Bob Financial Solutions Limited

The instrument name of INE027208011 ISIN is BOB FINANCIAL SOLUTIONS LIMITED SR T-1 7.65 NCD 07MR31 FVRS10LAC.
The interest earned from INE027208011 bond issued by Bob Financial Solutions Limited is paid Annually, ensuring regular and consistent income for investors.
This INE027208011 bond issued by Bob Financial Solutions Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.65%, which determines the periodic interest payments made to bondholders.
The INE027208011 Debenture is issued by Bob Financial Solutions Limited, a Private Sector company.
qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments