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Instrument Details

ISIN: INE471X07022

Face value

₹10,00,000

Coupon rate

10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

10 Aug 2020

Maturity Date

08 Oct 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A (CARE Ratings)

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

SANKHYA FINANCIAL SERVICES PRIVATE LIMITED SR II 2020-2021 10 NCD 10AG24 FVRS10LAC
Sankhya Financial Services Private Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE471X07022, with a face value of ₹10,00,000 rs on 10Aug20 to raise 15 crores. The debt instrument is issued with a coupon rate of 10% 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 10% SECURED RATED LISTED SENIOR UNSUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTUERES. SERIES II NCDS-2020-21. DATE OF MATURITY 10/08/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 27Aug20. CARE RATINGS LIMITED has given A rating to this Debenture on 10Aug20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A
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Date Verified
22 Mar 2023
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
10-Aug-20 : Your investment
₹1,00,00,000
10-Aug-21 : Interest
₹1,00,00,000
10-Aug-22 : Interest
₹1,00,00,000
10-Aug-23 : Interest
₹1,00,00,000
10-Aug-24 : Interest
₹14,00,00,000
08-Oct-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

A

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Financial Institution
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE471X07022 issued by Sankhya Financial Services Private Limited

The instrument name of INE471X07022 ISIN is SANKHYA FINANCIAL SERVICES PRIVATE LIMITED SR II 2020-2021 10 NCD 10AG24 FVRS10LAC.
The interest earned from INE471X07022 bond issued by Sankhya Financial Services Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE471X07022 bond issued by Sankhya Financial Services Private Limited has been assigned a credit rating of A by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE471X07022 Debenture is issued by Sankhya Financial Services Private Limited, a Private Sector company.
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