Instrument Details

ISIN: INE982X07291

Face value

₹10,00,000

Coupon rate

11.42%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

46.7

Instrument Type

Debenture

Returns

High

Date of Issue

15 Jun 2022

Maturity Date

15 Dec 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SATYA MICROCAPITAL LIMITED 11.42 NCD 15DC25 FVRS10LAC
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07291, with a face value of ₹10,00,000 rs on 15Jun22 to raise 46.7 crores. The debt instrument is issued with a coupon rate of 11.42% 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 11.42% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/12/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given BBB+ rating to this Debenture on 06Jun22. 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
01 Jun 2023
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
15-Jun-22 : Your investment
₹28,55,000
15-Sep-22 : Interest
₹28,55,000
15-Dec-22 : Interest
₹28,55,000
15-Mar-23 : Interest
₹28,55,000
15-Jun-23 : Interest
₹28,55,000
15-Sep-23 : Interest
₹28,55,000
15-Dec-23 : Interest
₹28,55,000
15-Mar-24 : Interest
₹28,55,000
15-Jun-24 : Interest
₹28,55,000
15-Sep-24 : Interest
₹28,55,000
15-Dec-24 : Interest
₹28,55,000
15-Mar-25 : Interest
₹28,55,000
15-Jun-25 : Interest
₹28,55,000
15-Sep-25 : Interest
₹28,55,000
15-Dec-25 : Interest
₹13,99,70,000
15-Dec-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,99,70,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.42%

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
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE982X07291 issued by Satya Microcapital Limited

The instrument name of INE982X07291 ISIN is SATYA MICROCAPITAL LIMITED 11.42 NCD 15DC25 FVRS10LAC.
The interest earned from INE982X07291 bond issued by Satya Microcapital Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE982X07291 bond issued by Satya Microcapital Limited has been assigned a credit rating of BBB+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.42%, which determines the periodic interest payments made to bondholders.
The INE982X07291 Debenture is issued by Satya Microcapital Limited, a Private Sector company.