Instrument Details

ISIN: INE03CO07744

Face value

₹1,000

Coupon rate

7.15%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

0.265

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Oct 2021

Maturity Date

30 Oct 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PUNJAB KASHMIR FINANCE LIMITED SR 37 7.15 NCD 30OT24 FVRS1000
Punjab Kashmir Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE03CO07744, with a face value of ₹1,000 rs on 30Oct21 to raise 0.265 crores. The debt instrument is issued with a coupon rate of 7.15% 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 7.15% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES 37 QUAQRTERLY 36 MONTHS. DATE OF MATURITY 30/10/2024. This instrument is issued in Private Placement (non-EBP) 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
Investment Calculation (Pre-Tax)

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

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
30-Oct-21 : Your investment
₹1,787
30-Jan-22 : Interest
₹1,787
30-Apr-22 : Interest
₹1,787
30-Jul-22 : Interest
₹1,787
30-Oct-22 : Interest
₹1,787
30-Jan-23 : Interest
₹1,787
30-Apr-23 : Interest
₹1,787
30-Jul-23 : Interest
₹1,787
30-Oct-23 : Interest
₹1,787
30-Jan-24 : Interest
₹1,787
30-Apr-24 : Interest
₹1,787
30-Jul-24 : Interest
₹1,787
30-Oct-24 : Interest
₹1,21,450
30-Oct-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹21,450)

Summary

Instrument Attributes

Value

Coupon Rate

7.15%

Returns

Medium

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 INE03CO07744 issued by Punjab Kashmir Finance Limited

The instrument name of INE03CO07744 ISIN is PUNJAB KASHMIR FINANCE LIMITED SR 37 7.15 NCD 30OT24 FVRS1000.
The interest earned from INE03CO07744 bond issued by Punjab Kashmir Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE03CO07744 bond issued by Punjab Kashmir Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 7.15%, which determines the periodic interest payments made to bondholders.
The INE03CO07744 Debenture is issued by Punjab Kashmir Finance Limited, a Private Sector company.