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9.75% Sbm Bank (india) Limited - A Rated (INE07PX08019)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE07PX08019
Face value
₹1,00,00,000
Coupon rate
9.75%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
150
Instrument Type
Bond
Returns
High
Date of Issue
05 Apr 2022
Maturity Date
04 May 2032
Perpetual
Yes
Listing Status
Listed
Rating status
A+ (CARE Ratings)
Call Option
Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 2
Guarantee Type
Non Convertible
About this Bond
SBM BANK (INDIA) LIMITED SR I 9.75 BD 05AP32 FVRS1CR
Sbm Bank (india) Limited, a Private Sector Bank company, has floated Bond,
having ISIN value as INE07PX08019, with a face value of ₹1,00,00,000 rs on 05Apr22 to raise 150 crores. The debt instrument
is issued with a coupon rate of 9.75% and its interest is paid
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
Bond is 9.75% UNSECURED RATED LISTED NON CONVERTIBLE BASEL III COMPLIANT TIER II NON CONVERTIBLE BONDS. SERIES I -2022. DATE OF MATURITY 05/04/2032. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on NSE stock
exchange on 06Apr22. CARE Ratings Limited has given A+ rating to
this Bond on 05Apr22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000
Cashflow
₹1,00,00,00,000
05-Apr-22 : Your investment
₹9,75,00,000
05-Apr-23 : Interest
₹9,75,00,000
05-Apr-24 : Interest
₹9,75,00,000
05-Apr-25 : Interest
₹9,75,00,000
05-Apr-26 : Interest
₹9,75,00,000
05-Apr-27 : Interest
₹9,75,00,000
05-Apr-28 : Interest
₹9,75,00,000
05-Apr-29 : Interest
₹9,75,00,000
05-Apr-30 : Interest
₹9,75,00,000
05-Apr-31 : Interest
₹9,75,00,000
05-Apr-32 : Interest
₹1,97,50,00,000
04-May-32 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹97,50,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.75%
Returns
High
Bond Rating
A+
Seniority in Repayment
Subordinate Tier 2
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Private Sector Bank
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
FAQs about INE07PX08019 issued by Sbm Bank (india) Limited
What is the instrument name of INE07PX08019 ISIN?
The instrument name of INE07PX08019 ISIN is SBM BANK (INDIA) LIMITED SR I 9.75 BD 05AP32 FVRS1CR.
How frequently is the interest paid on INE07PX08019 bond issued by Sbm Bank (india) Limited?
The interest earned from INE07PX08019 bond issued by Sbm Bank (india) Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE07PX08019 bond issued by Sbm Bank (india) Limited?
This INE07PX08019 bond issued by Sbm Bank (india) Limited has been assigned a credit rating of A+ by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE07PX08019 bond issued by Sbm Bank (india) Limited?
This Bond offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE07PX08019 Bond?
The INE07PX08019 Bond is issued by Sbm Bank (india) Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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