Instrument Details

ISIN: INE01HK07042

Face value

₹10,00,000

Coupon rate

13%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

55

Instrument Type

Debenture

Returns

High

Date of Issue

29 Oct 2018

Maturity Date

29 Oct 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB+ (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

JAGARAN MICROFIN PRIVATE LIMITED 13 NCD 29OT22 FVRS10LAC
Jagaran Microfin Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE01HK07042, with a face value of ₹10,00,000 rs on 29Oct18 to raise 55 crores. The debt instrument is issued with a coupon rate of 13% and its interest is paid Semi Annually. 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 13% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1-550. DATE OF MATURITY 29/10/2022. 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. ICRA LIMITED has given BB+ rating to this Debenture on 30May23. This issuer is formerly known as SBT CONSULTANTS 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
BB
Moderate Risk
BB+
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Date Verified
31 May 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
29-Oct-18 : Your investment
₹65,00,000
29-Apr-19 : Interest
₹65,00,000
29-Oct-19 : Interest
₹65,00,000
29-Apr-20 : Interest
₹65,00,000
29-Oct-20 : Interest
₹65,00,000
29-Apr-21 : Interest
₹65,00,000
29-Oct-21 : Interest
₹65,00,000
29-Apr-22 : Interest
₹65,00,000
29-Oct-22 : Interest
₹15,20,00,000
29-Oct-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,20,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

13%

Returns

High

Bond Rating

BB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE01HK07042 issued by Jagaran Microfin Private Limited

The instrument name of INE01HK07042 ISIN is JAGARAN MICROFIN PRIVATE LIMITED 13 NCD 29OT22 FVRS10LAC.
The interest earned from INE01HK07042 bond issued by Jagaran Microfin Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE01HK07042 bond issued by Jagaran Microfin Private Limited has been assigned a credit rating of BB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13%, which determines the periodic interest payments made to bondholders.
The INE01HK07042 Debenture is issued by Jagaran Microfin Private Limited, a Private Sector company.