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Instrument Details

ISIN: INE501X07257

Face value

₹1,000

Coupon rate

10.20%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

22.2216

Instrument Type

Debenture

Returns

High

Date of Issue

21 Dec 2021

Maturity Date

21 Jun 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (INDIA 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

AYE FINANCE PRIVATE LIMITED 10.20 NCD 21JU25 FVRS1000
Aye Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE501X07257, with a face value of ₹1,000 rs on 21Dec21 to raise 22.2216 crores. The debt instrument is issued with a coupon rate of 10.20% 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 10.20% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 21/06/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 01Feb22. This issuer is formerly known as DODA FINANCE PVT LTD 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
21 Feb 2024
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Outlook
Positive
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
21-Dec-21 : Your investment
₹5,100
21-Jun-22 : Interest
₹5,100
21-Dec-22 : Interest
₹5,100
21-Jun-23 : Interest
₹5,100
21-Dec-23 : Interest
₹5,100
21-Jun-24 : Interest
₹5,100
21-Dec-24 : Interest
₹5,100
21-Jun-25 : Interest
₹1,35,700
21-Jun-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹35,700)

Summary

Instrument Attributes

Value

Coupon Rate

10.20%

Returns

High

Bond Rating

A-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE501X07257 issued by Aye Finance Private Limited

The instrument name of INE501X07257 ISIN is AYE FINANCE PRIVATE LIMITED 10.20 NCD 21JU25 FVRS1000.
The interest earned from INE501X07257 bond issued by Aye Finance Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE501X07257 bond issued by Aye Finance Private Limited has been assigned a credit rating of A- by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.2%, which determines the periodic interest payments made to bondholders.
The INE501X07257 Debenture is issued by Aye Finance Private Limited, a Private Sector company.
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