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Instrument Details

ISIN: INE973K07032

Face value

₹10,00,000

Coupon rate

RESET RATE (REFER REMARKS)

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Mar 2010

Maturity Date

31 Mar 2018

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SHARE MICROFIN LIMITED SR-II RR NCD 31MR18 FVRS10LAC
Share Microfin Limited, a Finance company, has floated Debenture, having ISIN value as INE973K07032, with a face value of ₹10,00,000 rs on 29Mar10 to raise 25 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 Secured Debenture is 12% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY: 31/03/2018. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given WITHDRAWN rating to this Debenture on 29Mar14. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARKS)

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE973K07032 issued by Share Microfin Limited

The instrument name of INE973K07032 ISIN is SHARE MICROFIN LIMITED SR-II RR NCD 31MR18 FVRS10LAC.
The interest earned from INE973K07032 bond issued by Share Microfin Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE973K07032 bond issued by Share Microfin Limited has been assigned a credit rating of WITHDRAWN by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE973K07032 bond issued by Share Microfin Limited is RESET RATE (REFER REMARKS).
The INE973K07032 Debenture is issued by Share Microfin Limited, a Private Sector company.
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