Instrument Details

ISIN: INE514Q07106

Face value

₹10,00,000

Coupon rate

14.20%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

12 Jul 2018

Maturity Date

30 Mar 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB- (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PAHAL FINANCIAL SERVICES PRIVATE LIMITED 14.2 NCD 30MR23 FVRS10LAC
Pahal Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE514Q07106, with a face value of ₹10,00,000 rs on 12Jul18 to raise 15 crores. The debt instrument is issued with a coupon rate of 14.20% 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 14.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. DATE OF MATURITY 30/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB- rating to this Debenture on 10Mar23. This issuer is formerly known as KELKAR LEASING COMPANY 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
BBB
Moderately Safe
BBB-
check
Date Verified
13 Mar 2023
check
Outlook
Stable
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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
12-Jul-18 : Your investment
₹35,50,000
12-Oct-18 : Interest
₹35,50,000
12-Jan-19 : Interest
₹35,50,000
12-Apr-19 : Interest
₹35,50,000
12-Jul-19 : Interest
₹35,50,000
12-Oct-19 : Interest
₹35,50,000
12-Jan-20 : Interest
₹35,50,000
12-Apr-20 : Interest
₹35,50,000
12-Jul-20 : Interest
₹35,50,000
12-Oct-20 : Interest
₹35,50,000
12-Jan-21 : Interest
₹35,50,000
12-Apr-21 : Interest
₹35,50,000
12-Jul-21 : Interest
₹35,50,000
12-Oct-21 : Interest
₹35,50,000
12-Jan-22 : Interest
₹35,50,000
12-Apr-22 : Interest
₹35,50,000
12-Jul-22 : Interest
₹35,50,000
12-Oct-22 : Interest
₹35,50,000
12-Jan-23 : Interest
₹13,60,833
30-Mar-23 : Interest
₹16,52,60,833
30-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,52,60,833)

Summary

Instrument Attributes

Value

Coupon Rate

14.20%

Returns

High

Bond Rating

BBB-

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 INE514Q07106 issued by Pahal Financial Services Private Limited

The instrument name of INE514Q07106 ISIN is PAHAL FINANCIAL SERVICES PRIVATE LIMITED 14.2 NCD 30MR23 FVRS10LAC.
The interest earned from INE514Q07106 bond issued by Pahal Financial Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE514Q07106 bond issued by Pahal Financial Services Private Limited has been assigned a credit rating of BBB- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14.2%, which determines the periodic interest payments made to bondholders.
The INE514Q07106 Debenture is issued by Pahal Financial Services Private Limited, a Private Sector company.