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Instrument Details

ISIN: INE471Q07141

Face value

₹10,00,000

Coupon rate

12.20%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

3.21

Instrument Type

Debenture

Returns

High

Date of Issue

30 Jun 2017

Maturity Date

31 Mar 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB+ (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

INDIAN SCHOOL FINANCE COMPANY PRIVATE LIMITED SR 1 12.2024 NCD 31MR23 FVRS10LAC
Indian School Finance Company Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE471Q07141, with a face value of ₹10,00,000 rs on 30Jun17 to raise 3.21 crores. The debt instrument is issued with a coupon rate of 12.20% 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 12.2024% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. SERIES I. DATE OF MATURITY 31/03/2023.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BB+ rating to this Debenture on 28Jul23. This issuer is formerly known as CORPORATE DEPOSITS AND INVESTMENTS PRIVATE LTD, CORPORATE DEPOSITS AND INVESTMENTS 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
BB
Moderate Risk
BB+
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Date Verified
31 Jul 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
30-Jun-17 : Your investment
₹61,00,000
30-Dec-17 : Interest
₹61,00,000
30-Jun-18 : Interest
₹61,00,000
30-Dec-18 : Interest
₹61,00,000
30-Jun-19 : Interest
₹61,00,000
30-Dec-19 : Interest
₹61,00,000
30-Jun-20 : Interest
₹61,00,000
30-Dec-20 : Interest
₹61,00,000
30-Jun-21 : Interest
₹61,00,000
30-Dec-21 : Interest
₹61,00,000
30-Jun-22 : Interest
₹61,00,000
30-Dec-22 : Interest
₹10,16,666
31-Mar-23 : Interest
₹16,81,16,666
31-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,81,16,666)

Summary

Instrument Attributes

Value

Coupon Rate

12.20%

Returns

High

Bond Rating

BB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE471Q07141 issued by Indian School Finance Company Private Limited

The instrument name of INE471Q07141 ISIN is INDIAN SCHOOL FINANCE COMPANY PRIVATE LIMITED SR 1 12.2024 NCD 31MR23 FVRS10LAC.
The interest earned from INE471Q07141 bond issued by Indian School Finance Company Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE471Q07141 bond issued by Indian School Finance Company Private Limited has been assigned a credit rating of BB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.2%, which determines the periodic interest payments made to bondholders.
The INE471Q07141 Debenture is issued by Indian School Finance Company Private Limited, a Private Sector company.
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