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Instrument Details

ISIN: INE746T07033

Face value

₹10,00,000

Coupon rate

13.10%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

28

Instrument Type

Debenture

Returns

High

Date of Issue

27 Dec 2017

Maturity Date

27 Dec 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB+ (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 13.1011 NCD 27DC22 FVRS10LAC
Asa International India Microfinance Limited, a Finance company, has floated Debenture, having ISIN value as INE746T07033, with a face value of ₹10,00,000 rs on 27Dec17 to raise 28 crores. The debt instrument is issued with a coupon rate of 13.10% 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 13.1011% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/12/2022. 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. ICRA LIMITED has given BB+ rating to this Debenture on 04Jan23. This issuer is formerly known as ASA INTERNATIONAL INDIA MICROFINANCE PRIVATE LIMITED, DILKUSHA HIRE PURCHASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB+
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Date Verified
05 Jan 2023
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Outlook
Negative
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
27-Dec-17 : Your investment
₹65,50,000
27-Jun-18 : Interest
₹65,50,000
27-Dec-18 : Interest
₹65,50,000
27-Jun-19 : Interest
₹65,50,000
27-Dec-19 : Interest
₹65,50,000
27-Jun-20 : Interest
₹65,50,000
27-Dec-20 : Interest
₹65,50,000
27-Jun-21 : Interest
₹65,50,000
27-Dec-21 : Interest
₹65,50,000
27-Jun-22 : Interest
₹65,50,000
27-Dec-22 : Interest
₹16,55,00,000
27-Dec-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,55,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

13.10%

Returns

High

Bond Rating

BB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Jalandhar
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE746T07033 issued by Asa International India Microfinance Limited

The instrument name of INE746T07033 ISIN is ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 13.1011 NCD 27DC22 FVRS10LAC.
The interest earned from INE746T07033 bond issued by Asa International India Microfinance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE746T07033 bond issued by Asa International India Microfinance Limited has been assigned a credit rating of BB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.1%, which determines the periodic interest payments made to bondholders.
The INE746T07033 Debenture is issued by Asa International India Microfinance Limited, a Private Sector company.
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