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Instrument Details

ISIN: INE373Y07010

Face value

₹10,00,000

Coupon rate

13.55%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

04 Mar 2022

Maturity Date

03 Apr 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

EDUVANZ FINANCING PRIVATE LIMITED 13.55 NCD 04MR24 FVRS10LAC
Eduvanz Financing Private Limited, a Finance company, has floated Debenture, having ISIN value as INE373Y07010, with a face value of ₹10,00,000 rs on 04Mar22 to raise 15 crores. The debt instrument is issued with a coupon rate of 13.55% and its interest is paid Quarterly. 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 13.55% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 04/03/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
04-Mar-22 : Your investment
₹33,87,500
04-Jun-22 : Interest
₹33,87,500
04-Sep-22 : Interest
₹33,87,500
04-Dec-22 : Interest
₹33,87,500
04-Mar-23 : Interest
₹33,87,500
04-Jun-23 : Interest
₹33,87,500
04-Sep-23 : Interest
₹33,87,500
04-Dec-23 : Interest
₹33,87,500
04-Mar-24 : Interest
₹12,71,00,000
03-Apr-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,71,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

13.55%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
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 INE373Y07010 issued by Eduvanz Financing Private Limited

The instrument name of INE373Y07010 ISIN is EDUVANZ FINANCING PRIVATE LIMITED 13.55 NCD 04MR24 FVRS10LAC.
The interest earned from INE373Y07010 bond issued by Eduvanz Financing Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE373Y07010 bond issued by Eduvanz Financing Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13.55%, which determines the periodic interest payments made to bondholders.
The INE373Y07010 Debenture is issued by Eduvanz Financing Private Limited, a Private Sector company.
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