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Instrument Details

ISIN: INE746T07157

Face value

₹10,00,000

Coupon rate

12.40%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

32

Instrument Type

Debenture

Returns

High

Date of Issue

29 Oct 2020

Maturity Date

29 Oct 2023

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

ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 12.40 NCD 29OT23 FVRS10LAC
Asa International India Microfinance Limited, a Finance company, has floated Debenture, having ISIN value as INE746T07157, with a face value of ₹10,00,000 rs on 29Oct20 to raise 32 crores. The debt instrument is issued with a coupon rate of 12.40% 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 Debenture is 12.40% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/10/2023. 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. This debt instrument is Unrated. 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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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
29-Oct-20 : Your investment
₹31,00,000
29-Jan-21 : Interest
₹31,00,000
29-Apr-21 : Interest
₹31,00,000
29-Jul-21 : Interest
₹31,00,000
29-Oct-21 : Interest
₹31,00,000
29-Jan-22 : Interest
₹31,00,000
29-Apr-22 : Interest
₹31,00,000
29-Jul-22 : Interest
₹31,00,000
29-Oct-22 : Interest
₹31,00,000
29-Jan-23 : Interest
₹31,00,000
29-Apr-23 : Interest
₹31,00,000
29-Jul-23 : Interest
₹31,00,000
29-Oct-23 : Interest
₹13,72,00,000
29-Oct-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,72,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

12.40%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

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 INE746T07157 issued by Asa International India Microfinance Limited

The instrument name of INE746T07157 ISIN is ASA INTERNATIONAL INDIA MICROFINANCE LIMITED 12.40 NCD 29OT23 FVRS10LAC.
The interest earned from INE746T07157 bond issued by Asa International India Microfinance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE746T07157 bond issued by Asa International India Microfinance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12.4%, which determines the periodic interest payments made to bondholders.
The INE746T07157 Debenture is issued by Asa International India Microfinance Limited, a Private Sector company.
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