Instrument Details

ISIN: INE128S07556

Face value

₹10,00,000

Coupon rate

G SEC LINKED

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

17 Dec 2020

Maturity Date

17 Dec 2027

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AAA (ICRA Ratings)

Call Option

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 BR NCD 17DC27 FVRS10LAC
Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07556, with a face value of ₹10,00,000 rs on 17Dec20 to raise 100 crores. The debt instrument is issued with a coupon rate of G SEC LINKED and its interest is paid Never. 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 G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 17/12/2027.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 23Dec20. ICRA LIMITED has given PP-MLD AAA rating to this Debenture on 09Feb23. 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
AAA
Highest Safety
PP-MLD AAA
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Date Verified
10 Feb 2023
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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

G SEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AAA

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 INE128S07556 issued by Five-star Business Finance Limited

The instrument name of INE128S07556 ISIN is FIVE-STAR BUSINESS FINANCE LIMITED BR NCD 17DC27 FVRS10LAC.
Never, as INE128S07556 bond issued by Five-star Business Finance Limited is a Zero-coupon bond.
This INE128S07556 bond issued by Five-star Business Finance Limited has been assigned a credit rating of PP-MLD AAA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE128S07556 bond issued by Five-star Business Finance Limited is G SEC LINKED.
The INE128S07556 Debenture is issued by Five-star Business Finance Limited, a Private Sector company.