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Instrument Details

ISIN: INE973Z08046

Face value

₹1,000

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

0.32

Instrument Type

Bond

Returns

High

Date of Issue

12 Mar 2021

Maturity Date

03 Dec 2026

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

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

GOSREE FINANCE LIMITED SR Y3 12 BD 12MR26 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE973Z08046, with a face value of ₹1,000 rs on 12Mar21 to raise 0.32 crores. The debt instrument is issued with a coupon rate of 12% 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 Unsecured Bond is 12% UNSECURED UNRATED UNLISTED REDEEMABLE SUBORDINATED TIER II BOND IN THE NATURE OF NON CONVERTIBLE DEBENTURE . SERIES - GFL-Y3 QUARTERLY. DATE OF MATURITY - 12/03/2026. 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 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
Subordinate Tier 2
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
12-Mar-21 : Your investment
₹3,000
12-Jun-21 : Interest
₹3,000
12-Sep-21 : Interest
₹3,000
12-Dec-21 : Interest
₹3,000
12-Mar-22 : Interest
₹3,000
12-Jun-22 : Interest
₹3,000
12-Sep-22 : Interest
₹3,000
12-Dec-22 : Interest
₹3,000
12-Mar-23 : Interest
₹3,000
12-Jun-23 : Interest
₹3,000
12-Sep-23 : Interest
₹3,000
12-Dec-23 : Interest
₹3,000
12-Mar-24 : Interest
₹3,000
12-Jun-24 : Interest
₹3,000
12-Sep-24 : Interest
₹3,000
12-Dec-24 : Interest
₹3,000
12-Mar-25 : Interest
₹3,000
12-Jun-25 : Interest
₹3,000
12-Sep-25 : Interest
₹3,000
12-Dec-25 : Interest
₹3,000
12-Mar-26 : Interest
₹3,000
12-Jun-26 : Interest
₹3,000
12-Sep-26 : Interest
₹1,483
03-Dec-26 : Interest
₹1,67,483
03-Dec-26 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹67,483)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 2

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 INE973Z08046 issued by Gosree Finance Limited

The instrument name of INE973Z08046 ISIN is GOSREE FINANCE LIMITED SR Y3 12 BD 12MR26 FVRS1000.
The interest earned from INE973Z08046 bond issued by Gosree Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE973Z08046 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 INE973Z08046 Bond is issued by Gosree Finance Limited, a Private Sector company.
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