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Instrument Details

ISIN: INE836B07451

Face value

₹25,00,000

Coupon rate

12.75%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

15 Jul 2014

Maturity Date

30 Jun 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SATIN CREDITCARE NETWORK LIMITED 12.75 NCD 30JU23 FVRS25LAC
Satin Creditcare Network Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE836B07451, with a face value of ₹25,00,000 rs on 15Jul14 to raise 50 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2023. 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. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 15Jul14. This issuer is formerly known as SATIN LEASING AND FINANCE 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
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
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
₹25,00,000
Lot Size
100
Minimum Investment
₹25,00,00,000

Cashflow

₹25,00,00,000
15-Jul-14 : Your investment
₹1,59,37,500
15-Jan-15 : Interest
₹1,59,37,500
15-Jul-15 : Interest
₹1,59,37,500
15-Jan-16 : Interest
₹1,59,37,500
15-Jul-16 : Interest
₹1,59,37,500
15-Jan-17 : Interest
₹1,59,37,500
15-Jul-17 : Interest
₹1,59,37,500
15-Jan-18 : Interest
₹1,59,37,500
15-Jul-18 : Interest
₹1,59,37,500
15-Jan-19 : Interest
₹1,59,37,500
15-Jul-19 : Interest
₹1,59,37,500
15-Jan-20 : Interest
₹1,59,37,500
15-Jul-20 : Interest
₹1,59,37,500
15-Jan-21 : Interest
₹1,59,37,500
15-Jul-21 : Interest
₹1,59,37,500
15-Jan-22 : Interest
₹1,59,37,500
15-Jul-22 : Interest
₹1,59,37,500
15-Jan-23 : Interest
₹1,08,02,083
30-Jun-23 : Interest
₹53,17,39,583
30-Jun-23 : Maturity amount (Investment: ₹25,00,00,000, Interest earned: ₹28,17,39,583)

Summary

Instrument Attributes

Value

Coupon Rate

12.75%

Returns

High

Bond Rating

WITHDRAWN

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 INE836B07451 issued by Satin Creditcare Network Limited

The instrument name of INE836B07451 ISIN is SATIN CREDITCARE NETWORK LIMITED 12.75 NCD 30JU23 FVRS25LAC.
The interest earned from INE836B07451 bond issued by Satin Creditcare Network Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE836B07451 bond issued by Satin Creditcare Network Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.75%, which determines the periodic interest payments made to bondholders.
The INE836B07451 Debenture is issued by Satin Creditcare Network Limited, a Private Sector company.
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