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Instrument Details

ISIN: INE836B08244

Face value

₹63,727

Coupon rate

15%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

10.7619308

Instrument Type

Debenture

Returns

High

Date of Issue

29 Jun 2016

Maturity Date

31 Mar 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

A (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SATIN CREDITCARE NETWORK LIMITED SR 1-100 15 NCD 31MR23 FVRS63727.33
Satin Creditcare Network Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE836B08244, with a face value of ₹63,727 rs on 29Jun16 to raise 10.7619308 crores. The debt instrument is issued with a coupon rate of 15% and its interest is paid Monthly. 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 Unsecured Debenture is 15% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. F GROUP DEBT INSTRUMENT SERIES 1-100. DATE OF MATURITY 31/03/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A rating to this Debenture on 26Dec23. 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
A
Adequate Safety
A
check
Date Verified
27 Dec 2023
check
Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹63,727
Lot Size
100
Minimum Investment
₹63,72,700

Cashflow

₹63,72,700
29-Jun-16 : Your investment
₹79,658
29-Jul-16 : Interest
₹79,658
29-Aug-16 : Interest
₹79,658
29-Sep-16 : Interest
₹79,658
29-Oct-16 : Interest
₹79,658
29-Nov-16 : Interest
₹79,658
29-Dec-16 : Interest
₹79,658
29-Jan-17 : Interest
₹79,658
01-Mar-17 : Interest
₹79,658
01-Apr-17 : Interest
₹79,658
01-May-17 : Interest
₹79,658
01-Jun-17 : Interest
₹79,658
01-Jul-17 : Interest
₹79,658
01-Aug-17 : Interest
₹79,658
01-Sep-17 : Interest
₹79,658
01-Oct-17 : Interest
₹79,658
01-Nov-17 : Interest
₹79,658
01-Dec-17 : Interest
₹79,658
01-Jan-18 : Interest
₹79,658
01-Feb-18 : Interest
₹79,658
01-Mar-18 : Interest
₹79,658
01-Apr-18 : Interest
₹79,658
01-May-18 : Interest
₹79,658
01-Jun-18 : Interest
₹79,658
01-Jul-18 : Interest
₹79,658
01-Aug-18 : Interest
₹79,658
01-Sep-18 : Interest
₹79,658
01-Oct-18 : Interest
₹79,658
01-Nov-18 : Interest
₹79,658
01-Dec-18 : Interest
₹79,658
01-Jan-19 : Interest
₹79,658
01-Feb-19 : Interest
₹79,658
01-Mar-19 : Interest
₹79,658
01-Apr-19 : Interest
₹79,658
01-May-19 : Interest
₹79,658
01-Jun-19 : Interest
₹79,658
01-Jul-19 : Interest
₹79,658
01-Aug-19 : Interest
₹79,658
01-Sep-19 : Interest
₹79,658
01-Oct-19 : Interest
₹79,658
01-Nov-19 : Interest
₹79,658
01-Dec-19 : Interest
₹79,658
01-Jan-20 : Interest
₹79,658
01-Feb-20 : Interest
₹79,658
01-Mar-20 : Interest
₹79,658
01-Apr-20 : Interest
₹79,658
01-May-20 : Interest
₹79,658
01-Jun-20 : Interest
₹79,658
01-Jul-20 : Interest
₹79,658
01-Aug-20 : Interest
₹79,658
01-Sep-20 : Interest
₹79,658
01-Oct-20 : Interest
₹79,658
01-Nov-20 : Interest
₹79,658
01-Dec-20 : Interest
₹79,658
01-Jan-21 : Interest
₹79,658
01-Feb-21 : Interest
₹79,658
01-Mar-21 : Interest
₹79,658
01-Apr-21 : Interest
₹79,658
01-May-21 : Interest
₹79,658
01-Jun-21 : Interest
₹79,658
01-Jul-21 : Interest
₹79,658
01-Aug-21 : Interest
₹79,658
01-Sep-21 : Interest
₹79,658
01-Oct-21 : Interest
₹79,658
01-Nov-21 : Interest
₹79,658
01-Dec-21 : Interest
₹79,658
01-Jan-22 : Interest
₹79,658
01-Feb-22 : Interest
₹79,658
01-Mar-22 : Interest
₹79,658
01-Apr-22 : Interest
₹79,658
01-May-22 : Interest
₹79,658
01-Jun-22 : Interest
₹79,658
01-Jul-22 : Interest
₹79,658
01-Aug-22 : Interest
₹79,658
01-Sep-22 : Interest
₹79,658
01-Oct-22 : Interest
₹79,658
01-Nov-22 : Interest
₹79,658
01-Dec-22 : Interest
₹79,658
01-Jan-23 : Interest
₹79,658
01-Feb-23 : Interest
₹79,658
01-Mar-23 : Interest
₹22,569
31-Mar-23 : Interest
₹22,569
31-Mar-23 : Interest
₹1,27,90,539
31-Mar-23 : Maturity amount (Investment: ₹63,72,700, Interest earned: ₹64,17,839)

Summary

Instrument Attributes

Value

Coupon Rate

15%

Returns

High

Bond Rating

A

Seniority in Repayment

None

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 INE836B08244 issued by Satin Creditcare Network Limited

The instrument name of INE836B08244 ISIN is SATIN CREDITCARE NETWORK LIMITED SR 1-100 15 NCD 31MR23 FVRS63727.33.
The interest earned from INE836B08244 bond issued by Satin Creditcare Network Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE836B08244 bond issued by Satin Creditcare Network Limited has been assigned a credit rating of A by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
The INE836B08244 Debenture is issued by Satin Creditcare Network Limited, a Private Sector company.
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