The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE896L07074

Face value

₹10,00,000

Coupon rate

11.40%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

06 Jun 2013

Maturity Date

06 Jun 2023

Perpetual

Yes

Listing Status

Listed

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WITHDRAWN (CARE Ratings)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

INDOSTAR CAPITAL FINANCE LIMITED 11.4 NCD 06JU23 FVRS10LAC LOA UPTO 21AG13
Indostar Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE896L07074, with a face value of ₹10,00,000 rs on 06Jun13 to raise 15 crores. The debt instrument is issued with a coupon rate of 11.40% and its interest is paid 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 Secured Debenture is 11.40% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES II. LETTER OF ALLOTMENT. DATE OF MATURITY 06/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on BSE stock exchange on 24Jun13. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 06Jun13. This issuer is formerly known as INDOSTAR CAPITAL FINANCE PRIVATE LIMITED, R V VYAPAAR 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
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
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
06-Jun-13 : Your investment
₹1,14,00,000
06-Jun-14 : Interest
₹1,14,00,000
06-Jun-15 : Interest
₹1,14,00,000
06-Jun-16 : Interest
₹1,14,00,000
06-Jun-17 : Interest
₹1,14,00,000
06-Jun-18 : Interest
₹1,14,00,000
06-Jun-19 : Interest
₹1,14,00,000
06-Jun-20 : Interest
₹1,14,00,000
06-Jun-21 : Interest
₹1,14,00,000
06-Jun-22 : Interest
₹1,14,00,000
06-Jun-23 : Interest
₹21,40,00,000
06-Jun-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹11,40,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.40%

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
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE896L07074 issued by Indostar Capital Finance Limited

The instrument name of INE896L07074 ISIN is INDOSTAR CAPITAL FINANCE LIMITED 11.4 NCD 06JU23 FVRS10LAC LOA UPTO 21AG13.
The interest earned from INE896L07074 bond issued by Indostar Capital Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE896L07074 bond issued by Indostar Capital Finance Limited 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 11.4%, which determines the periodic interest payments made to bondholders.
The INE896L07074 Debenture is issued by Indostar Capital Finance Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow