14.27% Satya Microcapital Limited - BBB Rated (INE982X08042)

Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X08042, with a face value of ₹10 rs on 01Aug19 to raise 15 crores. The debt instrument is issued with a coupon rate of 14.27% and its interest is paid Monthly. 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 14.27% UNSECURED RATED LISTED SUBORDINATED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. VCPL SERIES -2. DATE OF MATURITY 08/07/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 13Aug19. 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.