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Instrument Details

ISIN: INE996U07065

Face value

₹80,000

Coupon rate

14.22%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

35

Instrument Type

Debenture

Returns

High

Date of Issue

22 Jun 2022

Maturity Date

22 Sep 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SI CREVA CAPITAL SERVICES PRIVATE LIMITED 14.22 NCD 22SP23 FVRS80000
Si Creva Capital Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE996U07065, with a face value of ₹80,000 rs on 22Jun22 to raise 35 crores. The debt instrument is issued with a coupon rate of 14.22% 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 14.22% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SD I 2021-22 OPTION II. DATE OF MATURITY 22/09/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given BBB rating to this Debenture on 17Jun22. This issuer is formerly known as SI-CREVA TECHNOLOGY PRIVATE 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
19 Dec 2022
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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
₹80,000
Lot Size
100
Minimum Investment
₹80,00,000

Cashflow

₹80,00,000
22-Jun-22 : Your investment
₹2,84,400
22-Sep-22 : Interest
₹2,84,400
22-Dec-22 : Interest
₹2,84,400
22-Mar-23 : Interest
₹2,84,400
22-Jun-23 : Interest
₹2,84,400
22-Sep-23 : Interest
₹94,22,000
22-Sep-23 : Maturity amount (Investment: ₹80,00,000, Interest earned: ₹14,22,000)

Summary

Instrument Attributes

Value

Coupon Rate

14.22%

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
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE996U07065 issued by Si Creva Capital Services Private Limited

The instrument name of INE996U07065 ISIN is SI CREVA CAPITAL SERVICES PRIVATE LIMITED 14.22 NCD 22SP23 FVRS80000.
The interest earned from INE996U07065 bond issued by Si Creva Capital Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE996U07065 bond issued by Si Creva Capital Services Private Limited has been assigned a credit rating of BBB by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14.22%, which determines the periodic interest payments made to bondholders.
The INE996U07065 Debenture is issued by Si Creva Capital Services Private Limited, a Private Sector company.
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