The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
9.70% Creditaccess Grameen Limited (INE741K07439)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE741K07439
Face value
₹10,00,000
Coupon rate
9.70%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
55.2
Instrument Type
Bond
Returns
High
Date of Issue
11 Mar 2022
Maturity Date
03 Nov 2025
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
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
CREDITACCESS GRAMEEN LIMITED 9.70 LOA 11MR25 FVRS10LAC
Creditaccess Grameen Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond,
having ISIN value as INE741K07439, with a face value of ₹10,00,000 rs on 11Mar22 to raise 55.2 crores. The debt instrument
is issued with a coupon rate of 9.70% and its interest is paid
Quarterly. 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
Bond is 9.70% SECURED UNRATED UNLISTED RUPEE DENOMINATED BOND. LETTER OF ALLOTMENT.DATE OF MATURITY 11/03/2025. This instrument is issued in Others mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as GRAMEEN KOOTA FINANCIAL SERVICES LIMITED, GRAMEEN KOOTA FINANCIAL SERVICES PRIVATE LIMITED, GRAMEEN FINANCIAL SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Bond. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
11-Mar-22 : Your investment
₹24,25,000
11-Jun-22 : Interest
₹24,25,000
11-Sep-22 : Interest
₹24,25,000
11-Dec-22 : Interest
₹24,25,000
11-Mar-23 : Interest
₹24,25,000
11-Jun-23 : Interest
₹24,25,000
11-Sep-23 : Interest
₹24,25,000
11-Dec-23 : Interest
₹24,25,000
11-Mar-24 : Interest
₹24,25,000
11-Jun-24 : Interest
₹24,25,000
11-Sep-24 : Interest
₹24,25,000
11-Dec-24 : Interest
₹24,25,000
11-Mar-25 : Interest
₹24,25,000
11-Jun-25 : Interest
₹24,25,000
11-Sep-25 : Interest
₹1,48,194
03-Nov-25 : Interest
₹13,40,98,194
03-Nov-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,40,98,194)
Summary
Instrument Attributes
Value
Coupon Rate
9.70%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Bangalore
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Creditaccess Grameen Limited
FAQs about INE741K07439 issued by Creditaccess Grameen Limited
What is the instrument name of INE741K07439 ISIN?
The instrument name of INE741K07439 ISIN is CREDITACCESS GRAMEEN LIMITED 9.70 LOA 11MR25 FVRS10LAC.
How frequently is the interest paid on INE741K07439 bond issued by Creditaccess Grameen Limited?
The interest earned from INE741K07439 bond issued by Creditaccess Grameen Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE741K07439 bond issued by Creditaccess Grameen Limited?
This INE741K07439 bond issued by Creditaccess Grameen Limited does not currently have an assigned credit rating
What is the coupon rate of INE741K07439 bond issued by Creditaccess Grameen Limited?
This Bond offers a coupon rate of 9.7%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE741K07439 Bond?
The INE741K07439 Bond is issued by Creditaccess Grameen 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.
