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Instrument Details

ISIN: INE973Z07089

Face value

₹1,000

Coupon rate

11.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

0.03

Instrument Type

Debenture

Returns

High

Date of Issue

11 Mar 2020

Maturity Date

03 Nov 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

GOSREE FINANCE LIMITED SR GFL-V2 TR 11.50 NCD 11MR23 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE973Z07089, with a face value of ₹1,000 rs on 11Mar20 to raise 0.03 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES GFL-V2 TRANCHE. DATE OF MATURITY 11/03/2023. 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. 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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
11-Mar-20 : Your investment
₹2,875
11-Jun-20 : Interest
₹2,875
11-Sep-20 : Interest
₹2,875
11-Dec-20 : Interest
₹2,875
11-Mar-21 : Interest
₹2,875
11-Jun-21 : Interest
₹2,875
11-Sep-21 : Interest
₹2,875
11-Dec-21 : Interest
₹2,875
11-Mar-22 : Interest
₹2,875
11-Jun-22 : Interest
₹2,875
11-Sep-22 : Interest
₹2,875
11-Dec-22 : Interest
₹2,875
11-Mar-23 : Interest
₹2,875
11-Jun-23 : Interest
₹2,875
11-Sep-23 : Interest
₹143
03-Nov-23 : Interest
₹1,40,393
03-Nov-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹40,393)

Summary

Instrument Attributes

Value

Coupon Rate

11.50%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Trivandrum
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE973Z07089 issued by Gosree Finance Limited

The instrument name of INE973Z07089 ISIN is GOSREE FINANCE LIMITED SR GFL-V2 TR 11.50 NCD 11MR23 FVRS1000.
The interest earned from INE973Z07089 bond issued by Gosree Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE973Z07089 bond issued by Gosree Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 11.5%, which determines the periodic interest payments made to bondholders.
The INE973Z07089 Debenture is issued by Gosree Finance Limited, a Private Sector company.
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