Instrument Details

ISIN: INE229U07053

Face value

₹10,000

Coupon rate

11.80%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

34.55

Instrument Type

Debenture

Returns

High

Date of Issue

30 Jun 2021

Maturity Date

13 May 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NAMRA FINANCE LIMITED 11.80 NCD 13MY25 FVRS10000
Namra Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE229U07053, with a face value of ₹10,000 rs on 30Jun21 to raise 34.55 crores. The debt instrument is issued with a coupon rate of 11.80% 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 11.80% SECURED UNLISTED RATED REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURE . DATE OF MATURITY 13/05/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 30Jun21. 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
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,000
Lot Size
100
Minimum Investment
₹10,00,000

Cashflow

₹10,00,000
30-Jun-21 : Your investment
₹59,000
30-Dec-21 : Interest
₹59,000
30-Jun-22 : Interest
₹59,000
30-Dec-22 : Interest
₹59,000
30-Jun-23 : Interest
₹59,000
30-Dec-23 : Interest
₹59,000
30-Jun-24 : Interest
₹59,000
30-Dec-24 : Interest
₹20,650
13-May-25 : Interest
₹14,33,650
13-May-25 : Maturity amount (Investment: ₹10,00,000, Interest earned: ₹4,33,650)

Summary

Instrument Attributes

Value

Coupon Rate

11.80%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE229U07053 issued by Namra Finance Limited

The instrument name of INE229U07053 ISIN is NAMRA FINANCE LIMITED 11.80 NCD 13MY25 FVRS10000.
The interest earned from INE229U07053 bond issued by Namra Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE229U07053 bond issued by Namra Finance Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.8%, which determines the periodic interest payments made to bondholders.
The INE229U07053 Debenture is issued by Namra Finance Limited, a Private Sector company.