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Instrument Details

ISIN: INE03W107108

Face value

₹10,00,000

Coupon rate

10YR GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

22 Mar 2022

Maturity Date

19 Mar 2025

Perpetual

Yes

Listing Status

Listed

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 II BR LOA 19MR25 FVRS10LAC
Arka Fincap Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03W107108, with a face value of ₹10,00,000 rs on 22Mar22 to raise 50 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 II March 2025.DATE OF MATURITY 19/03/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Mar22. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 15Mar22. 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
10 Oct 2023
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Outlook
Positive
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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 INE03W107108 issued by Arka Fincap Limited

The instrument name of INE03W107108 ISIN is ARKA FINCAP LIMITED SR II BR LOA 19MR25 FVRS10LAC.
The interest earned from the INE03W107108 bond issued by Arka Fincap Limited is paid at the time of maturity
This INE03W107108 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 INE03W107108 bond issued by Arka Fincap Limited is 10YR GSEC LINKED.
The INE03W107108 Debenture is issued by Arka Fincap Limited, a Private Sector company.
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