Instrument Details

ISIN: INE0FWI07013

Face value

₹10,00,000

Coupon rate

RESET RATE

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

31 Mar 2021

Maturity Date

29 Mar 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (INDIA Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SINDHUJA MICROCREDIT PRIVATE LIMITED RR NCD 29MR24 FVRS10LAC
Sindhuja Microcredit Private Limited, has floated Debenture, having ISIN value as INE0FWI07013, with a face value of ₹10,00,000 rs on 31Mar21 to raise 20 crores. The debt instrument is issued with a coupon rate of RESET RATE 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 RESET RATE SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 29/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BBB rating to this Debenture on 22Mar21. This issuer is formerly known as SINDHUJA FINTECH PRIVATE 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
21 Dec 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE

Returns

Linked to Markets

Bond Rating

BBB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
Noida
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0FWI07013 issued by Sindhuja Microcredit Private Limited

The instrument name of INE0FWI07013 ISIN is SINDHUJA MICROCREDIT PRIVATE LIMITED RR NCD 29MR24 FVRS10LAC.
The interest earned from INE0FWI07013 bond issued by Sindhuja Microcredit Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE0FWI07013 bond issued by Sindhuja Microcredit Private Limited has been assigned a credit rating of BBB by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE0FWI07013 bond issued by Sindhuja Microcredit Private Limited is RESET RATE.
The INE0FWI07013 Debenture is issued by Sindhuja Microcredit Private Limited, a Private Sector company.