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Instrument Details

ISIN: INE471X08020

Face value

₹10,00,000

Coupon rate

9.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

04 Mar 2020

Maturity Date

28 Mar 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

A (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SANKHYA FINANCIAL SERVICES PRIVATE LIMITED SR I 2019-20 9.50 NCD 28MR25 FVRS10LAC
Sankhya Financial Services Private Limited, a Financial Institution company, has floated Debenture, having ISIN value as INE471X08020, with a face value of ₹10,00,000 rs on 04Mar20 to raise 10 crores. The debt instrument is issued with a coupon rate of 9.50% 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 Unsecured Debenture is 9.50% UNSECURED UNLISTED TAXABLE REDEEMABLE NON CONVERTIBLE SUBORDINATE DEBENTUERES AS TIER II CAPITAL. SERIES I NCDS-2019-20. DATE OF MATURITY 28/03/2025. 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. CARE Ratings Limited has given A rating to this Debenture on 19Mar24. 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
20 Mar 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
04-Mar-20 : Your investment
₹95,00,000
04-Mar-21 : Interest
₹95,00,000
04-Mar-22 : Interest
₹95,00,000
04-Mar-23 : Interest
₹95,00,000
04-Mar-24 : Interest
₹95,00,000
04-Mar-25 : Interest
₹14,75,00,000
28-Mar-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,75,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

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 INE471X08020 issued by Sankhya Financial Services Private Limited

The instrument name of INE471X08020 ISIN is SANKHYA FINANCIAL SERVICES PRIVATE LIMITED SR I 2019-20 9.50 NCD 28MR25 FVRS10LAC.
The interest earned from INE471X08020 bond issued by Sankhya Financial Services Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE471X08020 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 9.5%, which determines the periodic interest payments made to bondholders.
The INE471X08020 Debenture is issued by Sankhya Financial Services Private Limited, a Private Sector company.
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