The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE471X07048

Face value

₹10,00,000

Coupon rate

10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

06 Oct 2020

Maturity Date

21 Apr 2023

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 IV 2020-21 10 NCD 21AP23 FVRS10LAC
Sankhya Financial Services Private Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE471X07048, with a face value of ₹10,00,000 rs on 06Oct20 to raise 25 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 REDEEMABLE NON CONVERTIBLE DEBENTUERES. SERIES IV NCDS-2020-21. DATE OF MATURITY 21/04/2023.. 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 23Oct20. CARE RATINGS LIMITED has given A rating to this Debenture on 06Oct20. 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
check
Date Verified
22 Mar 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
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
06-Oct-20 : Your investment
₹1,00,00,000
06-Oct-21 : Interest
₹1,00,00,000
06-Oct-22 : Interest
₹53,97,260
21-Apr-23 : Interest
₹12,53,97,260
21-Apr-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,53,97,260)

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 INE471X07048 issued by Sankhya Financial Services Private Limited

The instrument name of INE471X07048 ISIN is SANKHYA FINANCIAL SERVICES PRIVATE LIMITED SR IV 2020-21 10 NCD 21AP23 FVRS10LAC.
The interest earned from INE471X07048 bond issued by Sankhya Financial Services Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE471X07048 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 INE471X07048 Debenture is issued by Sankhya Financial Services Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow