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Instrument Details

ISIN: INE128S07424

Face value

₹10

Coupon rate

12.75%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

13 May 2020

Maturity Date

13 May 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

FIVE-STAR BUSINESS FINANCE LIMITED 12.75 NCD 13MY26 FVRS10
Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07424, with a face value of ₹10 rs on 13May20 to raise 15 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED LISTED SENIOR REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/05/2026.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 28May20. ICRA LIMITED has given AA- rating to this Debenture on 04Sep24. This issuer is formerly known as FIVE-STAR BUSINESS CREDITS LIMITED, FIVE-STAR BUSINESS CREDITS 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
AA
High Safety
AA-
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Date Verified
05 Sep 2024
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Outlook
Stable
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Seniority in Repayment
None
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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
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
13-May-20 : Your investment
₹31
13-Aug-20 : Interest
₹31
13-Nov-20 : Interest
₹31
13-Feb-21 : Interest
₹31
13-May-21 : Interest
₹31
13-Aug-21 : Interest
₹31
13-Nov-21 : Interest
₹31
13-Feb-22 : Interest
₹31
13-May-22 : Interest
₹31
13-Aug-22 : Interest
₹31
13-Nov-22 : Interest
₹31
13-Feb-23 : Interest
₹31
13-May-23 : Interest
₹31
13-Aug-23 : Interest
₹31
13-Nov-23 : Interest
₹31
13-Feb-24 : Interest
₹31
13-May-24 : Interest
₹31
13-Aug-24 : Interest
₹31
13-Nov-24 : Interest
₹31
13-Feb-25 : Interest
₹31
13-May-25 : Interest
₹31
13-Aug-25 : Interest
₹31
13-Nov-25 : Interest
₹31
13-Feb-26 : Interest
₹31
13-May-26 : Interest
₹1,765
13-May-26 : Maturity amount (Investment: ₹1,000, Interest earned: ₹765)

Summary

Instrument Attributes

Value

Coupon Rate

12.75%

Returns

High

Bond Rating

AA-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE128S07424 issued by Five-star Business Finance Limited

The instrument name of INE128S07424 ISIN is FIVE-STAR BUSINESS FINANCE LIMITED 12.75 NCD 13MY26 FVRS10.
The interest earned from INE128S07424 bond issued by Five-star Business Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE128S07424 bond issued by Five-star Business Finance Limited has been assigned a credit rating of AA- 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 INE128S07424 Debenture is issued by Five-star Business Finance Limited, a Private Sector company.
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