Instrument Details

ISIN: INE03CO07165

Face value

₹1,000

Coupon rate

8.75%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.04

Instrument Type

Debenture

Returns

High

Date of Issue

31 Dec 2019

Maturity Date

31 Dec 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PUNJAB KASHMIR FINANCE LIMITED SR 26 SNR CT COM YRL 8.75 LOA 31DC24 FVRS1000
Punjab Kashmir Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03CO07165, with a face value of ₹1,000 rs on 31Dec19 to raise 0.04 crores. The debt instrument is issued with a coupon rate of 8.75% and its interest is paid on Maturity. 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 8.75% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 26- SENIOR CITIZEN- COMPOUNDED YEARLY. DATE OF MATURITY  31/12/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

8.75%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE03CO07165 issued by Punjab Kashmir Finance Limited

The instrument name of INE03CO07165 ISIN is PUNJAB KASHMIR FINANCE LIMITED SR 26 SNR CT COM YRL 8.75 LOA 31DC24 FVRS1000.
The interest earned from the INE03CO07165 bond issued by Punjab Kashmir Finance Limited is paid at the time of maturity
This INE03CO07165 bond issued by Punjab Kashmir Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 8.75%, which determines the periodic interest payments made to bondholders.
The INE03CO07165 Debenture is issued by Punjab Kashmir Finance Limited, a Private Sector company.