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Instrument Details

ISIN: INE03W107074

Face value

₹10,00,000

Coupon rate

10YR GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 Aug 2021

Maturity Date

08 Apr 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ARKA FINCAP LIMITED SR I BR LOA 04AG23 FVRS10LAC
Arka Fincap Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03W107074, with a face value of ₹10,00,000 rs on 04Aug21 to raise 75 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED and its interest is paid on Maturity. 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 10YR GSEC LINKED SECURED LISTED RATED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.AFL MLD SERIES I.DATE OF MATURITY 04/08/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 16Jun21. This issuer is formerly known as KIRLOSKAR CAPITAL 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
PP-MLD AA-
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Date Verified
07 Feb 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10YR GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA-

Seniority in Repayment

Senior

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 INE03W107074 issued by Arka Fincap Limited

The instrument name of INE03W107074 ISIN is ARKA FINCAP LIMITED SR I BR LOA 04AG23 FVRS10LAC.
The interest earned from the INE03W107074 bond issued by Arka Fincap Limited is paid at the time of maturity
This INE03W107074 bond issued by Arka Fincap Limited has been assigned a credit rating of PP-MLD AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE03W107074 bond issued by Arka Fincap Limited is 10YR GSEC LINKED.
The INE03W107074 Debenture is issued by Arka Fincap Limited, a Private Sector company.
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