Instrument Details

ISIN: INE982X08042

Face value

₹10

Coupon rate

14.27%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

01 Aug 2019

Maturity Date

07 Aug 2026

Perpetual

Yes

Listing Status

Listed

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 VCPL SR 2 14.27 NCD 08JL26 FVRS10
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X08042, with a face value of ₹10 rs on 01Aug19 to raise 15 crores. The debt instrument is issued with a coupon rate of 14.27% 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 Unsecured Debenture is 14.27% UNSECURED RATED LISTED SUBORDINATED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. VCPL SERIES -2. DATE OF MATURITY 08/07/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 13Aug19. ICRA LIMITED has given BBB+ rating to this Debenture on 09Nov23. 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+
check
Date Verified
10 Nov 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
01-Aug-19 : Your investment
₹11
01-Sep-19 : Interest
₹11
01-Oct-19 : Interest
₹11
01-Nov-19 : Interest
₹11
01-Dec-19 : Interest
₹11
01-Jan-20 : Interest
₹11
01-Feb-20 : Interest
₹11
01-Mar-20 : Interest
₹11
01-Apr-20 : Interest
₹11
01-May-20 : Interest
₹11
01-Jun-20 : Interest
₹11
01-Jul-20 : Interest
₹11
01-Aug-20 : Interest
₹11
01-Sep-20 : Interest
₹11
01-Oct-20 : Interest
₹11
01-Nov-20 : Interest
₹11
01-Dec-20 : Interest
₹11
01-Jan-21 : Interest
₹11
01-Feb-21 : Interest
₹11
01-Mar-21 : Interest
₹11
01-Apr-21 : Interest
₹11
01-May-21 : Interest
₹11
01-Jun-21 : Interest
₹11
01-Jul-21 : Interest
₹11
01-Aug-21 : Interest
₹11
01-Sep-21 : Interest
₹11
01-Oct-21 : Interest
₹11
01-Nov-21 : Interest
₹11
01-Dec-21 : Interest
₹11
01-Jan-22 : Interest
₹11
01-Feb-22 : Interest
₹11
01-Mar-22 : Interest
₹11
01-Apr-22 : Interest
₹11
01-May-22 : Interest
₹11
01-Jun-22 : Interest
₹11
01-Jul-22 : Interest
₹11
01-Aug-22 : Interest
₹11
01-Sep-22 : Interest
₹11
01-Oct-22 : Interest
₹11
01-Nov-22 : Interest
₹11
01-Dec-22 : Interest
₹11
01-Jan-23 : Interest
₹11
01-Feb-23 : Interest
₹11
01-Mar-23 : Interest
₹11
01-Apr-23 : Interest
₹11
01-May-23 : Interest
₹11
01-Jun-23 : Interest
₹11
01-Jul-23 : Interest
₹11
01-Aug-23 : Interest
₹11
01-Sep-23 : Interest
₹11
01-Oct-23 : Interest
₹11
01-Nov-23 : Interest
₹11
01-Dec-23 : Interest
₹11
01-Jan-24 : Interest
₹11
01-Feb-24 : Interest
₹11
01-Mar-24 : Interest
₹11
01-Apr-24 : Interest
₹11
01-May-24 : Interest
₹11
01-Jun-24 : Interest
₹11
01-Jul-24 : Interest
₹11
01-Aug-24 : Interest
₹11
01-Sep-24 : Interest
₹11
01-Oct-24 : Interest
₹11
01-Nov-24 : Interest
₹11
01-Dec-24 : Interest
₹11
01-Jan-25 : Interest
₹11
01-Feb-25 : Interest
₹11
01-Mar-25 : Interest
₹11
01-Apr-25 : Interest
₹11
01-May-25 : Interest
₹11
01-Jun-25 : Interest
₹11
01-Jul-25 : Interest
₹11
01-Aug-25 : Interest
₹11
01-Sep-25 : Interest
₹11
01-Oct-25 : Interest
₹11
01-Nov-25 : Interest
₹11
01-Dec-25 : Interest
₹11
01-Jan-26 : Interest
₹11
01-Feb-26 : Interest
₹11
01-Mar-26 : Interest
₹11
01-Apr-26 : Interest
₹11
01-May-26 : Interest
₹11
01-Jun-26 : Interest
₹11
01-Jul-26 : Interest
₹11
01-Aug-26 : Interest
₹6
07-Aug-26 : Interest
₹2,004
07-Aug-26 : Maturity amount (Investment: ₹1,000, Interest earned: ₹1,004)

Summary

Instrument Attributes

Value

Coupon Rate

14.27%

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 INE982X08042 issued by Satya Microcapital Limited

The instrument name of INE982X08042 ISIN is SATYA MICROCAPITAL LIMITED VCPL SR 2 14.27 NCD 08JL26 FVRS10.
The interest earned from INE982X08042 bond issued by Satya Microcapital Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE982X08042 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 14.27%, which determines the periodic interest payments made to bondholders.
The INE982X08042 Debenture is issued by Satya Microcapital Limited, a Private Sector company.