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Instrument Details

ISIN: INE05DN08051

Face value

₹10

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

1.45

Instrument Type

Debenture

Returns

High

Date of Issue

12 Mar 2021

Maturity Date

03 Nov 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

PRAYATNA MICROFINANCE LIMITED 12 OCD 11MR26 FVRS10
Prayatna Microfinance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05DN08051, with a face value of ₹10 rs on 12Mar21 to raise 1.45 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Quarterly. 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 Unsecured Debenture is 12% UNSECURED UNLISTED UNRATED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 11/03/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
12-Mar-21 : Your investment
₹30
12-Jun-21 : Interest
₹30
12-Sep-21 : Interest
₹30
12-Dec-21 : Interest
₹30
12-Mar-22 : Interest
₹30
12-Jun-22 : Interest
₹30
12-Sep-22 : Interest
₹30
12-Dec-22 : Interest
₹30
12-Mar-23 : Interest
₹30
12-Jun-23 : Interest
₹30
12-Sep-23 : Interest
₹30
12-Dec-23 : Interest
₹30
12-Mar-24 : Interest
₹30
12-Jun-24 : Interest
₹30
12-Sep-24 : Interest
₹30
12-Dec-24 : Interest
₹30
12-Mar-25 : Interest
₹30
12-Jun-25 : Interest
₹30
12-Sep-25 : Interest
₹30
12-Dec-25 : Interest
₹30
12-Mar-26 : Interest
₹30
12-Jun-26 : Interest
₹30
12-Sep-26 : Interest
₹4
03-Nov-26 : Interest
₹1,664
03-Nov-26 : Maturity amount (Investment: ₹1,000, Interest earned: ₹664)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE05DN08051 issued by Prayatna Microfinance Limited

The instrument name of INE05DN08051 ISIN is PRAYATNA MICROFINANCE LIMITED 12 OCD 11MR26 FVRS10.
The interest earned from INE05DN08051 bond issued by Prayatna Microfinance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE05DN08051 bond issued by Prayatna Microfinance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE05DN08051 Debenture is issued by Prayatna Microfinance Limited, a Private Sector company.
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