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Instrument Details

ISIN: INE491W07097

Face value

₹10,00,000

Coupon rate

12.75%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

31 Dec 2020

Maturity Date

20 Jul 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

A-(CE) (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

CAPFLOAT FINANCIAL SERVICES PRIVATE LIMITED SR 2022 12.75 NCD 28FB23 FVRS10LAC
Capfloat Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE491W07097, with a face value of ₹10,00,000 rs on 31Dec20 to raise 10 crores. The debt instrument is issued with a coupon rate of 12.75% and its interest is paid on Maturity. 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 12.75% SECURED SENIOR UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 12.75% CAPFLOAT 2022. DATE OF MATURITY 28/02/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A-(CE) rating to this Debenture on 26May22. This issuer is formerly known as ZEN LEFIN 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
A
Adequate Safety
A-(CE)
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Date Verified
27 May 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

12.75%

Returns

High

Bond Rating

A-(CE)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE491W07097 issued by Capfloat Financial Services Private Limited

The instrument name of INE491W07097 ISIN is CAPFLOAT FINANCIAL SERVICES PRIVATE LIMITED SR 2022 12.75 NCD 28FB23 FVRS10LAC.
The interest earned from the INE491W07097 bond issued by Capfloat Financial Services Private Limited is paid at the time of maturity
This INE491W07097 bond issued by Capfloat Financial Services Private Limited has been assigned a credit rating of A-(CE) by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.75%, which determines the periodic interest payments made to bondholders.
The INE491W07097 Debenture is issued by Capfloat Financial Services Private Limited, a Private Sector company.
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