Instrument Details

ISIN: INE104W07112

Face value

₹1,00,000

Coupon rate

13.68%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

32

Instrument Type

Debenture

Returns

High

Date of Issue

05 Aug 2019

Maturity Date

02 Jun 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

KANAKADURGA FINANCE LTD 13.68 NCD 06FB23 FVRS1LAC
Kanakadurga Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE104W07112, with a face value of ₹1,00,000 rs on 05Aug19 to raise 32 crores. The debt instrument is issued with a coupon rate of 13.68% 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 13.68% SECURED UNLISTED RATED REDEEMABLE NON COVNERTIBLE DEBENTURES. DATE OF MATURITY 06/02/2023.. 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. This debt instrument is Unrated. This issuer is formerly known as KANADURGA LEASING AND FINANCE LTD, KANAKADURGA LEASING AND FINANCE PVT LTD, Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
05-Aug-19 : Your investment
₹3,42,000
05-Nov-19 : Interest
₹3,42,000
05-Feb-20 : Interest
₹3,42,000
05-May-20 : Interest
₹3,42,000
05-Aug-20 : Interest
₹3,42,000
05-Nov-20 : Interest
₹3,42,000
05-Feb-21 : Interest
₹3,42,000
05-May-21 : Interest
₹3,42,000
05-Aug-21 : Interest
₹3,42,000
05-Nov-21 : Interest
₹3,42,000
05-Feb-22 : Interest
₹3,42,000
05-May-22 : Interest
₹3,42,000
05-Aug-22 : Interest
₹3,42,000
05-Nov-22 : Interest
₹3,42,000
05-Feb-23 : Interest
₹3,42,000
05-May-23 : Interest
-₹77,900
02-Jun-23 : Interest
₹1,50,52,100
02-Jun-23 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹50,52,100)

Summary

Instrument Attributes

Value

Coupon Rate

13.68%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE104W07112 issued by Kanakadurga Finance Ltd

The instrument name of INE104W07112 ISIN is KANAKADURGA FINANCE LTD 13.68 NCD 06FB23 FVRS1LAC.
The interest earned from INE104W07112 bond issued by Kanakadurga Finance Ltd is paid Quarterly, ensuring regular and consistent income for investors.
This INE104W07112 bond issued by Kanakadurga Finance Ltd does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13.68%, which determines the periodic interest payments made to bondholders.
The INE104W07112 Debenture is issued by Kanakadurga Finance Ltd, a Private Sector company.