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Instrument Details

ISIN: INE514Q08021

Face value

₹10,00,000

Coupon rate

16.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

16 Mar 2020

Maturity Date

16 Jun 2025

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PAHAL FINANCIAL SERVICES PRIVATE LIMITED SR PFSPL 16.50 NCD 16JU25 FVRS10LAC
Pahal Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE514Q08021, with a face value of ₹10,00,000 rs on 16Mar20 to raise 15 crores. The debt instrument is issued with a coupon rate of 16.50% 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 Unsecured Debenture is 16.50% UNSECURED RATED LISTED SUBORDINATED TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 16/06/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 05Jun20. ICRA LIMITED has given BBB- rating to this Debenture on 28Mar24. 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-
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Date Verified
01 Apr 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
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
16-Mar-20 : Your investment
₹41,25,000
16-Jun-20 : Interest
₹41,25,000
16-Sep-20 : Interest
₹41,25,000
16-Dec-20 : Interest
₹41,25,000
16-Mar-21 : Interest
₹41,25,000
16-Jun-21 : Interest
₹41,25,000
16-Sep-21 : Interest
₹41,25,000
16-Dec-21 : Interest
₹41,25,000
16-Mar-22 : Interest
₹41,25,000
16-Jun-22 : Interest
₹41,25,000
16-Sep-22 : Interest
₹41,25,000
16-Dec-22 : Interest
₹41,25,000
16-Mar-23 : Interest
₹41,25,000
16-Jun-23 : Interest
₹41,25,000
16-Sep-23 : Interest
₹41,25,000
16-Dec-23 : Interest
₹41,25,000
16-Mar-24 : Interest
₹41,25,000
16-Jun-24 : Interest
₹41,25,000
16-Sep-24 : Interest
₹41,25,000
16-Dec-24 : Interest
₹41,25,000
16-Mar-25 : Interest
₹41,25,000
16-Jun-25 : Interest
₹18,66,25,000
16-Jun-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,66,25,000)

Summary

Instrument Attributes

Value

Coupon Rate

16.50%

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 INE514Q08021 issued by Pahal Financial Services Private Limited

The instrument name of INE514Q08021 ISIN is PAHAL FINANCIAL SERVICES PRIVATE LIMITED SR PFSPL 16.50 NCD 16JU25 FVRS10LAC.
The interest earned from INE514Q08021 bond issued by Pahal Financial Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE514Q08021 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 16.5%, which determines the periodic interest payments made to bondholders.
The INE514Q08021 Debenture is issued by Pahal Financial Services Private Limited, a Private Sector company.
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