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10.44% Sk Finance Limited (INE124N07341)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE124N07341
Face value
₹10,00,000
Coupon rate
10.44%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
290
Instrument Type
Debenture
Returns
High
Date of Issue
11 Dec 2019
Maturity Date
11 Oct 2024
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
SK FINANCE LIMITED 10.435 NCD 10JN25 FVRS10LAC
Sk Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE124N07341, with a face value of ₹10,00,000 rs on 11Dec19 to raise 290 crores. The debt instrument
is issued with a coupon rate of 10.44% and its interest is paid
Semi 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 10.435% SECURED UNRATED UNLISTED SENIOR REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 10/01/2025. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as ESS KAY FINCORP LIMITED, ESS KAY FINCORP PRIVATE LIMITED, ESS KAY AUTO FINANCE PRIVATE LIMITED 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
11-Dec-19 : Your investment
₹52,20,000
11-Jun-20 : Interest
₹52,20,000
11-Dec-20 : Interest
₹52,20,000
11-Jun-21 : Interest
₹52,20,000
11-Dec-21 : Interest
₹52,20,000
11-Jun-22 : Interest
₹52,20,000
11-Dec-22 : Interest
₹52,20,000
11-Jun-23 : Interest
₹52,20,000
11-Dec-23 : Interest
₹52,20,000
11-Jun-24 : Interest
₹16,24,000
11-Oct-24 : Interest
₹14,86,04,000
11-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,86,04,000)
Summary
Instrument Attributes
Value
Coupon Rate
10.44%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Jaipur
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Sk Finance Limited
FAQs about INE124N07341 issued by Sk Finance Limited
What is the instrument name of INE124N07341 ISIN?
The instrument name of INE124N07341 ISIN is SK FINANCE LIMITED 10.435 NCD 10JN25 FVRS10LAC.
How frequently is the interest paid on INE124N07341 bond issued by Sk Finance Limited?
The interest earned from INE124N07341 bond issued by Sk Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE124N07341 bond issued by Sk Finance Limited?
This INE124N07341 bond issued by Sk Finance Limited does not currently have an assigned credit rating
What is the coupon rate of INE124N07341 bond issued by Sk Finance Limited?
This Debenture offers a coupon rate of 10.44%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE124N07341 Debenture?
The INE124N07341 Debenture is issued by Sk Finance 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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