Instrument Details

ISIN: INE192U07293

Face value

₹900

Coupon rate

8.71%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Bond

Returns

High

Date of Issue

30 Mar 2022

Maturity Date

30 Sep 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

A (ICRA Ratings)

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

KOGTA FINANCIAL (INDIA) LIMITED 8.7113 NCD 30SP24 FVRS900
Kogta Financial (india) Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE192U07293, with a face value of ₹900 rs on 30Mar22 to raise 10 crores. The debt instrument is issued with a coupon rate of 8.71% 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 Bond is 8.7113% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/09/2024.. 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 A rating to this Bond on 05Sep23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A
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Date Verified
06 Sep 2023
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Outlook
Positive
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Seniority in Repayment
Senior
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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
₹900
Lot Size
100
Minimum Investment
₹90,000

Cashflow

₹90,000
30-Mar-22 : Your investment
₹1,959
30-Jun-22 : Interest
₹1,959
30-Sep-22 : Interest
₹1,959
30-Dec-22 : Interest
₹1,959
30-Mar-23 : Interest
₹1,959
30-Jun-23 : Interest
₹1,959
30-Sep-23 : Interest
₹1,959
30-Dec-23 : Interest
₹1,959
30-Mar-24 : Interest
₹1,959
30-Jun-24 : Interest
₹1,959
30-Sep-24 : Interest
₹1,09,597
30-Sep-24 : Maturity amount (Investment: ₹90,000, Interest earned: ₹19,597)

Summary

Instrument Attributes

Value

Coupon Rate

8.71%

Returns

High

Bond Rating

A

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE192U07293 issued by Kogta Financial (india) Limited

The instrument name of INE192U07293 ISIN is KOGTA FINANCIAL (INDIA) LIMITED 8.7113 NCD 30SP24 FVRS900.
The interest earned from INE192U07293 bond issued by Kogta Financial (india) Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE192U07293 bond issued by Kogta Financial (india) Limited has been assigned a credit rating of A by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.71%, which determines the periodic interest payments made to bondholders.
The INE192U07293 Bond is issued by Kogta Financial (india) Limited, a Private Sector company.