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Instrument Details

ISIN: INE982X08067

Face value

₹10,00,000

Coupon rate

15.15%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

14 Mar 2022

Maturity Date

15 Mar 2027

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

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

SATYA MICROCAPITAL LIMITED 15.15 NCD 15MR27 FVRS10LAC
Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X08067, with a face value of ₹10,00,000 rs on 14Mar22 to raise 30 crores. The debt instrument is issued with a coupon rate of 15.15% and its interest is paid Semi Annually. 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 15.15% UNSECURED RATED UNLISTED SUBORDINATED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 15/03/2027. 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. 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
Subordinate Tier 2
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Security
Unsecured
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
14-Mar-22 : Your investment
₹75,75,000
14-Sep-22 : Interest
₹75,75,000
14-Mar-23 : Interest
₹75,75,000
14-Sep-23 : Interest
₹75,75,000
14-Mar-24 : Interest
₹75,75,000
14-Sep-24 : Interest
₹75,75,000
14-Mar-25 : Interest
₹75,75,000
14-Sep-25 : Interest
₹75,75,000
14-Mar-26 : Interest
₹75,75,000
14-Sep-26 : Interest
₹75,75,000
14-Mar-27 : Interest
₹17,57,50,000
15-Mar-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,57,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

15.15%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

Subordinate Tier 2

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 INE982X08067 issued by Satya Microcapital Limited

The instrument name of INE982X08067 ISIN is SATYA MICROCAPITAL LIMITED 15.15 NCD 15MR27 FVRS10LAC.
The interest earned from INE982X08067 bond issued by Satya Microcapital Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE982X08067 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 15.15%, which determines the periodic interest payments made to bondholders.
The INE982X08067 Debenture is issued by Satya Microcapital Limited, a Private Sector company.
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