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Instrument Details

ISIN: INE982X07267

Face value

₹10,00,000

Coupon rate

12.70%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

40

Instrument Type

Debenture

Returns

High

Date of Issue

11 Sep 2018

Maturity Date

31 Dec 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SATYA MICROCAPITAL LIMITED SR I 12.70 NCD 31DC26 FVRS10LAC
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07267, with a face value of ₹10,00,000 rs on 11Sep18 to raise 40 crores. The debt instrument is issued with a coupon rate of 12.70% 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 12.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 31/12/2026.. 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. ICRA LIMITED has given BBB+ rating to this Debenture on 09Nov23. This issuer is formerly known as TFC FINVEST LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB+
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Date Verified
10 Nov 2023
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
11-Sep-18 : Your investment
₹31,75,000
11-Dec-18 : Interest
₹31,75,000
11-Mar-19 : Interest
₹31,75,000
11-Jun-19 : Interest
₹31,75,000
11-Sep-19 : Interest
₹31,75,000
11-Dec-19 : Interest
₹31,75,000
11-Mar-20 : Interest
₹31,75,000
11-Jun-20 : Interest
₹31,75,000
11-Sep-20 : Interest
₹31,75,000
11-Dec-20 : Interest
₹31,75,000
11-Mar-21 : Interest
₹31,75,000
11-Jun-21 : Interest
₹31,75,000
11-Sep-21 : Interest
₹31,75,000
11-Dec-21 : Interest
₹31,75,000
11-Mar-22 : Interest
₹31,75,000
11-Jun-22 : Interest
₹31,75,000
11-Sep-22 : Interest
₹31,75,000
11-Dec-22 : Interest
₹31,75,000
11-Mar-23 : Interest
₹31,75,000
11-Jun-23 : Interest
₹31,75,000
11-Sep-23 : Interest
₹31,75,000
11-Dec-23 : Interest
₹31,75,000
11-Mar-24 : Interest
₹31,75,000
11-Jun-24 : Interest
₹31,75,000
11-Sep-24 : Interest
₹31,75,000
11-Dec-24 : Interest
₹31,75,000
11-Mar-25 : Interest
₹31,75,000
11-Jun-25 : Interest
₹31,75,000
11-Sep-25 : Interest
₹31,75,000
11-Dec-25 : Interest
₹31,75,000
11-Mar-26 : Interest
₹31,75,000
11-Jun-26 : Interest
₹31,75,000
11-Sep-26 : Interest
₹31,75,000
11-Dec-26 : Interest
-₹1,58,750
31-Dec-26 : Interest
₹20,46,16,250
31-Dec-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,46,16,250)

Summary

Instrument Attributes

Value

Coupon Rate

12.70%

Returns

High

Bond Rating

BBB+

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 INE982X07267 issued by Satya Microcapital Limited

The instrument name of INE982X07267 ISIN is SATYA MICROCAPITAL LIMITED SR I 12.70 NCD 31DC26 FVRS10LAC.
The interest earned from INE982X07267 bond issued by Satya Microcapital Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE982X07267 bond issued by Satya Microcapital Limited has been assigned a credit rating of BBB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.7%, which determines the periodic interest payments made to bondholders.
The INE982X07267 Debenture is issued by Satya Microcapital Limited, a Private Sector company.
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