Instrument Details

ISIN: INE982X07259

Face value

₹8,57,140

Coupon rate

11.61%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

20.5714286

Instrument Type

Debenture

Returns

High

Date of Issue

23 May 2022

Maturity Date

23 Feb 2024

Perpetual

Yes

Listing Status

Listed

Rating status

BBB+ (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SATYA MICROCAPITAL LIMITED 11.61 NCD 23FB24 FVRS857142.86
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07259, with a face value of ₹8,57,140 rs on 23May22 to raise 20.5714286 crores. The debt instrument is issued with a coupon rate of 11.61% and its interest is paid Monthly. 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 11.61% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 23/02/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 26May22. Acuite Ratings And Research Limited has given BBB+ rating to this Debenture on 23Sep22. This issuer is formerly known as TFC FINVEST 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
29 Aug 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹8,57,140
Lot Size
100
Minimum Investment
₹8,57,14,000

Cashflow

₹8,57,14,000
23-May-22 : Your investment
₹8,29,282
23-Jun-22 : Interest
₹8,29,282
23-Jul-22 : Interest
₹8,29,282
23-Aug-22 : Interest
₹8,29,282
23-Sep-22 : Interest
₹8,29,282
23-Oct-22 : Interest
₹8,29,282
23-Nov-22 : Interest
₹8,29,282
23-Dec-22 : Interest
₹8,29,282
23-Jan-23 : Interest
₹8,29,282
23-Feb-23 : Interest
₹8,29,282
23-Mar-23 : Interest
₹8,29,282
23-Apr-23 : Interest
₹8,29,282
23-May-23 : Interest
₹8,29,282
23-Jun-23 : Interest
₹8,29,282
23-Jul-23 : Interest
₹8,29,282
23-Aug-23 : Interest
₹8,29,282
23-Sep-23 : Interest
₹8,29,282
23-Oct-23 : Interest
₹8,29,282
23-Nov-23 : Interest
₹8,29,282
23-Dec-23 : Interest
₹8,29,282
23-Jan-24 : Interest
₹8,29,282
23-Feb-24 : Interest
₹10,31,28,941
23-Feb-24 : Maturity amount (Investment: ₹8,57,14,000, Interest earned: ₹1,74,14,941)

Summary

Instrument Attributes

Value

Coupon Rate

11.61%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE982X07259 issued by Satya Microcapital Limited

The instrument name of INE982X07259 ISIN is SATYA MICROCAPITAL LIMITED 11.61 NCD 23FB24 FVRS857142.86.
The interest earned from INE982X07259 bond issued by Satya Microcapital Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE982X07259 bond issued by Satya Microcapital Limited has been assigned a credit rating of BBB+ by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.61%, which determines the periodic interest payments made to bondholders.
The INE982X07259 Debenture is issued by Satya Microcapital Limited, a Private Sector company.