The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
9.20% Poonawalla Fincorp Limited (INE511C07722)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE511C07722
Face value
₹7,50,000
Coupon rate
9.20%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
350
Instrument Type
Debenture
Returns
High
Date of Issue
10 Dec 2019
Maturity Date
12 Oct 2024
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
POONAWALLA FINCORP LIMITED SR TTT 9.20 NCD 10DC24 FVRS750000
Poonawalla Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE511C07722, with a face value of ₹7,50,000 rs on 10Dec19 to raise 350 crores. The debt instrument
is issued with a coupon rate of 9.20% 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 9.20% SECURED UNLISTED UNRATED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TTT. DATE OF MATURITY 10/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as MAGMA FINCORP LIMITED, MAGMA SHRACHI FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹7,50,000
Lot Size
100
Minimum Investment
₹7,50,00,000
Cashflow
₹7,50,00,000
10-Dec-19 : Your investment
₹34,50,000
10-Jun-20 : Interest
₹34,50,000
10-Dec-20 : Interest
₹34,50,000
10-Jun-21 : Interest
₹34,50,000
10-Dec-21 : Interest
₹34,50,000
10-Jun-22 : Interest
₹34,50,000
10-Dec-22 : Interest
₹34,50,000
10-Jun-23 : Interest
₹34,50,000
10-Dec-23 : Interest
₹34,50,000
10-Jun-24 : Interest
₹11,11,666
12-Oct-24 : Interest
₹10,71,61,666
12-Oct-24 : Maturity amount (Investment: ₹7,50,00,000, Interest earned: ₹3,21,61,666)
Summary
Instrument Attributes
Value
Coupon Rate
9.20%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Pune
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Poonawalla Fincorp Limited
FAQs about INE511C07722 issued by Poonawalla Fincorp Limited
What is the instrument name of INE511C07722 ISIN?
The instrument name of INE511C07722 ISIN is POONAWALLA FINCORP LIMITED SR TTT 9.20 NCD 10DC24 FVRS750000.
How frequently is the interest paid on INE511C07722 bond issued by Poonawalla Fincorp Limited?
The interest earned from INE511C07722 bond issued by Poonawalla Fincorp Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE511C07722 bond issued by Poonawalla Fincorp Limited?
This INE511C07722 bond issued by Poonawalla Fincorp Limited does not currently have an assigned credit rating
What is the coupon rate of INE511C07722 bond issued by Poonawalla Fincorp Limited?
This Debenture offers a coupon rate of 9.2%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE511C07722 Debenture?
The INE511C07722 Debenture is issued by Poonawalla Fincorp Limited, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Invest in safer portfolio without compromising returns.
