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Instrument Details

ISIN: INE973Z07170

Face value

₹1,000

Coupon rate

10%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

1.15

Instrument Type

Debenture

Returns

High

Date of Issue

26 Mar 2022

Maturity Date

26 Mar 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

GOSREE FINANCE LIMITED SR AA TR AA1 10 NCD 26MR24 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE973Z07170, with a face value of ₹1,000 rs on 26Mar22 to raise 1.15 crores. The debt instrument is issued with a coupon rate of 10% 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 10% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES .SERIES AA TRANCHE AA1.DATE OF MATURITY 26/03/2024.. This instrument is issued in Private Placement (non-EBP) 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
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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
26-Mar-22 : Your investment
₹2,500
26-Jun-22 : Interest
₹2,500
26-Sep-22 : Interest
₹2,500
26-Dec-22 : Interest
₹2,500
26-Mar-23 : Interest
₹2,500
26-Jun-23 : Interest
₹2,500
26-Sep-23 : Interest
₹2,500
26-Dec-23 : Interest
₹2,500
26-Mar-24 : Interest
₹1,20,000
26-Mar-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹20,000)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

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 INE973Z07170 issued by Gosree Finance Limited

The instrument name of INE973Z07170 ISIN is GOSREE FINANCE LIMITED SR AA TR AA1 10 NCD 26MR24 FVRS1000.
The interest earned from INE973Z07170 bond issued by Gosree Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE973Z07170 bond issued by Gosree Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE973Z07170 Debenture is issued by Gosree Finance Limited, a Private Sector company.
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