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Instrument Details

ISIN: INE016P07146

Face value

₹10,00,000

Coupon rate

10.50%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

69

Instrument Type

Debenture

Returns

High

Date of Issue

24 Aug 2018

Maturity Date

24 Aug 2025

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

VISTAAR FINANCIAL SERVICES PRIVATE LIMITED SR III 10.5 NCD 24AG25 FVRS10LAC
Vistaar Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE016P07146, with a face value of ₹10,00,000 rs on 24Aug18 to raise 69 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid Monthly. 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 10.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES III. DATE OF MATURITY 24/08/2025. 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 11Sep18. ICRA LIMITED has given A+ rating to this Debenture on 20Mar24. This issuer is formerly known as VISTAAR LIVELIHOOD FINANCIAL SERVICES PVT LTD, AUTOINVEST LEASING & FINANCE (INDIA) PVT LTD, FARRY INVESTMENT & TRADING 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
A
Adequate Safety
A+
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Date Verified
21 Mar 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
24-Aug-18 : Your investment
₹8,75,000
24-Sep-18 : Interest
₹8,75,000
24-Oct-18 : Interest
₹8,75,000
24-Nov-18 : Interest
₹8,75,000
24-Dec-18 : Interest
₹8,75,000
24-Jan-19 : Interest
₹8,75,000
24-Feb-19 : Interest
₹8,75,000
24-Mar-19 : Interest
₹8,75,000
24-Apr-19 : Interest
₹8,75,000
24-May-19 : Interest
₹8,75,000
24-Jun-19 : Interest
₹8,75,000
24-Jul-19 : Interest
₹8,75,000
24-Aug-19 : Interest
₹8,75,000
24-Sep-19 : Interest
₹8,75,000
24-Oct-19 : Interest
₹8,75,000
24-Nov-19 : Interest
₹8,75,000
24-Dec-19 : Interest
₹8,75,000
24-Jan-20 : Interest
₹8,75,000
24-Feb-20 : Interest
₹8,75,000
24-Mar-20 : Interest
₹8,75,000
24-Apr-20 : Interest
₹8,75,000
24-May-20 : Interest
₹8,75,000
24-Jun-20 : Interest
₹8,75,000
24-Jul-20 : Interest
₹8,75,000
24-Aug-20 : Interest
₹8,75,000
24-Sep-20 : Interest
₹8,75,000
24-Oct-20 : Interest
₹8,75,000
24-Nov-20 : Interest
₹8,75,000
24-Dec-20 : Interest
₹8,75,000
24-Jan-21 : Interest
₹8,75,000
24-Feb-21 : Interest
₹8,75,000
24-Mar-21 : Interest
₹8,75,000
24-Apr-21 : Interest
₹8,75,000
24-May-21 : Interest
₹8,75,000
24-Jun-21 : Interest
₹8,75,000
24-Jul-21 : Interest
₹8,75,000
24-Aug-21 : Interest
₹8,75,000
24-Sep-21 : Interest
₹8,75,000
24-Oct-21 : Interest
₹8,75,000
24-Nov-21 : Interest
₹8,75,000
24-Dec-21 : Interest
₹8,75,000
24-Jan-22 : Interest
₹8,75,000
24-Feb-22 : Interest
₹8,75,000
24-Mar-22 : Interest
₹8,75,000
24-Apr-22 : Interest
₹8,75,000
24-May-22 : Interest
₹8,75,000
24-Jun-22 : Interest
₹8,75,000
24-Jul-22 : Interest
₹8,75,000
24-Aug-22 : Interest
₹8,75,000
24-Sep-22 : Interest
₹8,75,000
24-Oct-22 : Interest
₹8,75,000
24-Nov-22 : Interest
₹8,75,000
24-Dec-22 : Interest
₹8,75,000
24-Jan-23 : Interest
₹8,75,000
24-Feb-23 : Interest
₹8,75,000
24-Mar-23 : Interest
₹8,75,000
24-Apr-23 : Interest
₹8,75,000
24-May-23 : Interest
₹8,75,000
24-Jun-23 : Interest
₹8,75,000
24-Jul-23 : Interest
₹8,75,000
24-Aug-23 : Interest
₹8,75,000
24-Sep-23 : Interest
₹8,75,000
24-Oct-23 : Interest
₹8,75,000
24-Nov-23 : Interest
₹8,75,000
24-Dec-23 : Interest
₹8,75,000
24-Jan-24 : Interest
₹8,75,000
24-Feb-24 : Interest
₹8,75,000
24-Mar-24 : Interest
₹8,75,000
24-Apr-24 : Interest
₹8,75,000
24-May-24 : Interest
₹8,75,000
24-Jun-24 : Interest
₹8,75,000
24-Jul-24 : Interest
₹8,75,000
24-Aug-24 : Interest
₹8,75,000
24-Sep-24 : Interest
₹8,75,000
24-Oct-24 : Interest
₹8,75,000
24-Nov-24 : Interest
₹8,75,000
24-Dec-24 : Interest
₹8,75,000
24-Jan-25 : Interest
₹8,75,000
24-Feb-25 : Interest
₹8,75,000
24-Mar-25 : Interest
₹8,75,000
24-Apr-25 : Interest
₹8,75,000
24-May-25 : Interest
₹8,75,000
24-Jun-25 : Interest
₹8,75,000
24-Jul-25 : Interest
₹8,75,000
24-Aug-25 : Interest
₹2,77,083
24-Aug-25 : Interest
₹17,37,77,083
24-Aug-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,37,77,083)

Summary

Instrument Attributes

Value

Coupon Rate

10.50%

Returns

High

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE016P07146 issued by Vistaar Financial Services Private Limited

The instrument name of INE016P07146 ISIN is VISTAAR FINANCIAL SERVICES PRIVATE LIMITED SR III 10.5 NCD 24AG25 FVRS10LAC.
The interest earned from INE016P07146 bond issued by Vistaar Financial Services Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE016P07146 bond issued by Vistaar Financial Services Private Limited has been assigned a credit rating of A+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE016P07146 Debenture is issued by Vistaar Financial Services Private Limited, a Private Sector company.
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