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Instrument Details

ISIN: INE05Q607079

Face value

₹1,000

Coupon rate

12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

0.41

Instrument Type

Debenture

Returns

High

Date of Issue

25 Feb 2022

Maturity Date

26 Feb 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ECOMARK GENERAL FINANCE AND LEASING LIMITED SR EFIN005 12 NCD 26FB24 FVRS1000
Ecomark General Finance And Leasing Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE05Q607079, with a face value of ₹1,000 rs on 25Feb22 to raise 0.41 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Annually. 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 12% SECURED UNRATED UNLISTED NONCONVERTIBLE DEBENTURE.SERIES EFIN005 YEARLY.DATE OF MATURITY 26/02/2024. 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
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
25-Feb-22 : Your investment
₹12,000
25-Feb-23 : Interest
₹12,000
25-Feb-24 : Interest
₹1,24,000
26-Feb-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹24,000)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE05Q607079 issued by Ecomark General Finance And Leasing Limited

The instrument name of INE05Q607079 ISIN is ECOMARK GENERAL FINANCE AND LEASING LIMITED SR EFIN005 12 NCD 26FB24 FVRS1000.
The interest earned from INE05Q607079 bond issued by Ecomark General Finance And Leasing Limited is paid Annually, ensuring regular and consistent income for investors.
This INE05Q607079 bond issued by Ecomark General Finance And Leasing 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 INE05Q607079 Debenture is issued by Ecomark General Finance And Leasing Limited, a Private Sector company.
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