15.75% Satya Microcapital Limited - BBB Rated (INE982X08018)

Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X08018, with a face value of ₹10,00,000 rs on 29Mar19 to raise 20 crores. The debt instrument is issued with a coupon rate of 15.75% 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 Debenture is 15.75% UNSECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/05/2025. 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. 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.