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Instrument Details

ISIN: INE982X08018

Face value

₹10,00,000

Coupon rate

15.75%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

29 Mar 2019

Maturity Date

30 May 2025

Perpetual

Yes

Listing Status

Unlisted

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

SATYA MICROCAPITAL LIMITED 15.75 LOA 30MY25 FVRS10LAC
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X08018, with a face value of ₹10,00,000 rs on 29Mar19 to raise 20 crores. The debt instrument is issued with a coupon rate of 15.75% 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 Unsecured Debenture is 15.75% UNSECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 30/05/2025. 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. ICRA LIMITED has given BBB+ rating to this Debenture on 02Apr24. 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
03 Apr 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

15.75%

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 INE982X08018 issued by Satya Microcapital Limited

The instrument name of INE982X08018 ISIN is SATYA MICROCAPITAL LIMITED 15.75 LOA 30MY25 FVRS10LAC.
The interest earned from the INE982X08018 bond issued by Satya Microcapital Limited is paid at the time of maturity
This INE982X08018 bond issued by Satya Microcapital 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 15.75%, which determines the periodic interest payments made to bondholders.
The INE982X08018 Debenture is issued by Satya Microcapital Limited, a Private Sector company.
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