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Instrument Details

ISIN: INE413U07152

Face value

₹10,00,000

Coupon rate

G SEC LINK

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Mar 2021

Maturity Date

01 Feb 2023

Perpetual

Yes

Listing Status

Listed

Rating status

PPMLD AA- r (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

IIFL SAMASTA FINANCE LIMITED SR 2 BR NCD 02JN23 FVRS10LAC
Iifl Samasta Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE413U07152, with a face value of ₹10,00,000 rs on 02Mar21 to raise 15 crores. The debt instrument is issued with a coupon rate of G SEC LINK 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 GSEC LINKED SECURED RATED LISTED SENIOR REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. SERIES 2. DATE OF MATURITY 02/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Mar21. CRISIL RATINGS LIMITED has given PPMLD AA- r rating to this Debenture on 26Feb21. This issuer is formerly known as SAMASTA MICROFINANCE LIMITED, COLONAC FINANCE 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
PPMLD AA- r
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Date Verified
08 Feb 2022
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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

G SEC LINK

Returns

Linked to Markets

Bond Rating

PPMLD AA- r

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE413U07152 issued by Iifl Samasta Finance Limited

The instrument name of INE413U07152 ISIN is IIFL SAMASTA FINANCE LIMITED SR 2 BR NCD 02JN23 FVRS10LAC.
The interest earned from the INE413U07152 bond issued by Iifl Samasta Finance Limited is paid at the time of maturity
This INE413U07152 bond issued by Iifl Samasta Finance Limited has been assigned a credit rating of PPMLD AA- r by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE413U07152 bond issued by Iifl Samasta Finance Limited is G SEC LINK.
The INE413U07152 Debenture is issued by Iifl Samasta Finance Limited, a Private Sector company.
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