Instrument Details

ISIN: INE818W08081

Face value

₹1,00,00,000

Coupon rate

11.25%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Bond

Returns

High

Date of Issue

31 Mar 2022

Maturity Date

30 Apr 2032

Perpetual

Yes

Listing Status

Unlisted

Rating status

A (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

ESAF SMALL FINANCE BANK LIMITED 11.25 LOA 30AP32 FVRS1CR
Esaf Small Finance Bank Limited, a Other Bank company, has floated Bond, having ISIN value as INE818W08081, with a face value of ₹1,00,00,000 rs on 31Mar22 to raise 20 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid Semi 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 Bond is 11.25% UNSECURED RATED UNLISTED REDEEMABLE BASEL III COMPLIANT SUBORDINATED TIER II BONDS IN THE FORM OF NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 30/04/2032. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A rating to this Bond on 31Mar22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A
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Date Verified
02 Aug 2023
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
31-Mar-22 : Your investment
₹5,62,50,000
01-Oct-22 : Interest
₹5,62,50,000
01-Apr-23 : Interest
₹5,62,50,000
01-Oct-23 : Interest
₹5,62,50,000
01-Apr-24 : Interest
₹5,62,50,000
01-Oct-24 : Interest
₹5,62,50,000
01-Apr-25 : Interest
₹5,62,50,000
01-Oct-25 : Interest
₹5,62,50,000
01-Apr-26 : Interest
₹5,62,50,000
01-Oct-26 : Interest
₹5,62,50,000
01-Apr-27 : Interest
₹5,62,50,000
01-Oct-27 : Interest
₹5,62,50,000
01-Apr-28 : Interest
₹5,62,50,000
01-Oct-28 : Interest
₹5,62,50,000
01-Apr-29 : Interest
₹5,62,50,000
01-Oct-29 : Interest
₹5,62,50,000
01-Apr-30 : Interest
₹5,62,50,000
01-Oct-30 : Interest
₹5,62,50,000
01-Apr-31 : Interest
₹5,62,50,000
01-Oct-31 : Interest
₹5,62,50,000
01-Apr-32 : Interest
₹2,12,50,00,000
30-Apr-32 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹1,12,50,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.25%

Returns

High

Bond Rating

A

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Bank
Head Office
HEAD OFFICE
Thrissur
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE818W08081 issued by Esaf Small Finance Bank Limited

The instrument name of INE818W08081 ISIN is ESAF SMALL FINANCE BANK LIMITED 11.25 LOA 30AP32 FVRS1CR.
The interest earned from INE818W08081 bond issued by Esaf Small Finance Bank Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE818W08081 bond issued by Esaf Small Finance Bank Limited has been assigned a credit rating of A by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 11.25%, which determines the periodic interest payments made to bondholders.
The INE818W08081 Bond is issued by Esaf Small Finance Bank Limited, a Private Sector company.