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Instrument Details

ISIN: INE973Z08038

Face value

₹1,000

Coupon rate

12%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.02

Instrument Type

Bond

Returns

High

Date of Issue

23 Nov 2020

Maturity Date

23 Nov 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

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

GOSREE FINANCE LIMITED SR X4 TR 12 BD 23NV25 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE973Z08038, with a face value of ₹1,000 rs on 23Nov20 to raise 0.02 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid on Maturity. 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 Bond is 12% UNSECURED SENIOR SUBORDINATED UNRATED UNLISTED SUBORDINATED TIER II BOND IN THE NATURE OF NON CONVERTIBLE DEBENTURE.SERIES GFL-X4 TRANCHE CUMULATIVE. DATE OF MATURITY 23/11/2025. This instrument is issued in Private Placement mode. It has Compounding 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 Bond. 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
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

12%

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 INE973Z08038 issued by Gosree Finance Limited

The instrument name of INE973Z08038 ISIN is GOSREE FINANCE LIMITED SR X4 TR 12 BD 23NV25 FVRS1000.
The interest earned from the INE973Z08038 bond issued by Gosree Finance Limited is paid at the time of maturity
This INE973Z08038 bond issued by Gosree Finance Limited does not currently have an assigned credit rating
This Bond offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE973Z08038 Bond is issued by Gosree Finance Limited, a Private Sector company.
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