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Instrument Details

ISIN: INE04Q907074

Face value

₹5,00,000

Coupon rate

12%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

5.2

Instrument Type

Debenture

Returns

High

Date of Issue

11 Feb 2021

Maturity Date

02 Oct 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)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

DAR CREDIT & CAPITAL LTD SR 1A OP II 12 LOA 10FB24 FVRS5LAC
Dar Credit & Capital Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE04Q907074, with a face value of ₹5,00,000 rs on 11Feb21 to raise 5.2 crores. The debt instrument is issued with a coupon rate of 12% 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% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 1A.OPTION II.LETTER OF ALLOTMENT. DATE OF MATURITY 10/02/2024.. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 12Feb21. 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
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kolkata
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 INE04Q907074 issued by Dar Credit & Capital Ltd

The instrument name of INE04Q907074 ISIN is DAR CREDIT & CAPITAL LTD SR 1A OP II 12 LOA 10FB24 FVRS5LAC.
The interest earned from the INE04Q907074 bond issued by Dar Credit & Capital Ltd is paid at the time of maturity
This INE04Q907074 bond issued by Dar Credit & Capital Ltd has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE04Q907074 Debenture is issued by Dar Credit & Capital Ltd, a Private Sector company.
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