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Instrument Details

ISIN: INE06WU07056

Face value

₹1,00,000

Coupon rate

Variable Coupon

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Jun 2022

Maturity Date

04 Feb 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

LAXMI INDIA FINLEASECAP PRIVATE LIMITED SR-B BR NCD 02AP25 FVRS1LAC
Laxmi India Finleasecap Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE06WU07056, with a face value of ₹1,00,000 rs on 02Jun22 to raise 10 crores. The debt instrument is issued with a coupon rate of 3-MONTHS T-BILL LINKED (REFERE REMARS) 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 Secured Debenture is 3-MONTHS T-BILL LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 02/04/2025. 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 A- rating to this Debenture on 31May22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
14 Feb 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

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

FAQs about INE06WU07056 issued by Laxmi India Finleasecap Private Limited

The instrument name of INE06WU07056 ISIN is LAXMI INDIA FINLEASECAP PRIVATE LIMITED SR-B BR NCD 02AP25 FVRS1LAC.
The interest earned from INE06WU07056 bond issued by Laxmi India Finleasecap Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE06WU07056 bond issued by Laxmi India Finleasecap Private Limited has been assigned a credit rating of A- by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE06WU07056 bond issued by Laxmi India Finleasecap Private Limited is 3-MONTHS T-BILL LINKED (REFERE REMARS).
The INE06WU07056 Debenture is issued by Laxmi India Finleasecap Private Limited, a Private Sector company.
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