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Instrument Details

ISIN: INE124N07572

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

99

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Apr 2022

Maturity Date

29 Apr 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SK FINANCE LIMITED BR NCD 29AP25 FVRS10LAC
Sk Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE124N07572, with a face value of ₹10,00,000 rs on 29Apr22 to raise 99 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 3M TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 29/04/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 05May22. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 26Apr22. This issuer is formerly known as ESS KAY FINCORP LIMITED, ESS KAY FINCORP PRIVATE LIMITED, ESS KAY AUTO FINANCE 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
AA
High Safety
AA-
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Date Verified
01 Jul 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AA-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Jaipur
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE124N07572 issued by Sk Finance Limited

The instrument name of INE124N07572 ISIN is SK FINANCE LIMITED BR NCD 29AP25 FVRS10LAC.
The interest earned from INE124N07572 bond issued by Sk Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE124N07572 bond issued by Sk Finance Limited has been assigned a credit rating of AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE124N07572 bond issued by Sk Finance Limited is 3M TBILL LINKED.
The INE124N07572 Debenture is issued by Sk Finance Limited, a Private Sector company.
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