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14.66% Earlysalary Services Private Limited - BBB Rated (INE01YL07102)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE01YL07102
Face value
₹10,00,000
Coupon rate
14.66%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
30
Instrument Type
Debenture
Returns
High
Date of Issue
23 Mar 2022
Maturity Date
15 Dec 2024
Perpetual
Yes
Listing Status
Unlisted
Rating status
BBB+ (CARE Ratings)
Call Option
Not Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
EARLYSALARY SERVICES PRIVATE LIMITED 14.66 NCD 15DC24 FVRS10LAC
Earlysalary Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE01YL07102, with a face value of ₹10,00,000 rs on 23Mar22 to raise 30 crores. The debt instrument
is issued with a coupon rate of 14.66% 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 14.66% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/12/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB+ rating to
this Debenture on 21Mar22. This issuer is formerly known as ASHISH SECURITIES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
23-Mar-22 : Your investment
₹12,21,666
23-Apr-22 : Interest
₹12,21,666
23-May-22 : Interest
₹12,21,666
23-Jun-22 : Interest
₹12,21,666
23-Jul-22 : Interest
₹12,21,666
23-Aug-22 : Interest
₹12,21,666
23-Sep-22 : Interest
₹12,21,666
23-Oct-22 : Interest
₹12,21,666
23-Nov-22 : Interest
₹12,21,666
23-Dec-22 : Interest
₹12,21,666
23-Jan-23 : Interest
₹12,21,666
23-Feb-23 : Interest
₹12,21,666
23-Mar-23 : Interest
₹12,21,666
23-Apr-23 : Interest
₹12,21,666
23-May-23 : Interest
₹12,21,666
23-Jun-23 : Interest
₹12,21,666
23-Jul-23 : Interest
₹12,21,666
23-Aug-23 : Interest
₹12,21,666
23-Sep-23 : Interest
₹12,21,666
23-Oct-23 : Interest
₹12,21,666
23-Nov-23 : Interest
₹12,21,666
23-Dec-23 : Interest
₹12,21,666
23-Jan-24 : Interest
₹12,21,666
23-Feb-24 : Interest
₹12,21,666
23-Mar-24 : Interest
₹12,21,666
23-Apr-24 : Interest
₹12,21,666
23-May-24 : Interest
₹12,21,666
23-Jun-24 : Interest
₹12,21,666
23-Jul-24 : Interest
₹12,21,666
23-Aug-24 : Interest
₹12,21,666
23-Sep-24 : Interest
₹12,21,666
23-Oct-24 : Interest
₹12,21,666
23-Nov-24 : Interest
₹4,27,583
15-Dec-24 : Interest
₹13,95,20,916
15-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,95,20,916)
Summary
Instrument Attributes
Value
Coupon Rate
14.66%
Returns
High
Bond Rating
BBB+
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Pune
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Earlysalary Services Private Limited
FAQs about INE01YL07102 issued by Earlysalary Services Private Limited
What is the instrument name of INE01YL07102 ISIN?
The instrument name of INE01YL07102 ISIN is EARLYSALARY SERVICES PRIVATE LIMITED 14.66 NCD 15DC24 FVRS10LAC.
How frequently is the interest paid on INE01YL07102 bond issued by Earlysalary Services Private Limited?
The interest earned from INE01YL07102 bond issued by Earlysalary Services Private Limited is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE01YL07102 bond issued by Earlysalary Services Private Limited?
This INE01YL07102 bond issued by Earlysalary Services Private Limited has been assigned a credit rating of BBB+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE01YL07102 bond issued by Earlysalary Services Private Limited?
This Debenture offers a coupon rate of 14.66%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE01YL07102 Debenture?
The INE01YL07102 Debenture is issued by Earlysalary Services Private Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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