Instrument Details

ISIN: INE509M07303

Face value

₹10,00,000

Coupon rate

12.30%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

High

Date of Issue

23 Dec 2021

Maturity Date

23 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

BBB+ (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SONATA FINANCE PRIVATE LIMITED 12.30 NCD 23DC24 FVRS10LAC
Sonata Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE509M07303, with a face value of ₹10,00,000 rs on 23Dec21 to raise 75 crores. The debt instrument is issued with a coupon rate of 12.30% and its interest is paid Quarterly. 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 12.3% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 23/12/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Dec21. INDIA RATING AND RESEARCH PVT. LTD has given BBB+ rating to this Debenture on 16Dec21. 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+
check
Date Verified
23 Feb 2023
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
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
23-Dec-21 : Your investment
₹30,75,000
23-Mar-22 : Interest
₹30,75,000
23-Jun-22 : Interest
₹30,75,000
23-Sep-22 : Interest
₹30,75,000
23-Dec-22 : Interest
₹30,75,000
23-Mar-23 : Interest
₹30,75,000
23-Jun-23 : Interest
₹30,75,000
23-Sep-23 : Interest
₹30,75,000
23-Dec-23 : Interest
₹30,75,000
23-Mar-24 : Interest
₹30,75,000
23-Jun-24 : Interest
₹30,75,000
23-Sep-24 : Interest
₹30,75,000
23-Dec-24 : Interest
₹13,69,00,000
23-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,69,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

12.30%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE509M07303 issued by Sonata Finance Private Limited

The instrument name of INE509M07303 ISIN is SONATA FINANCE PRIVATE LIMITED 12.30 NCD 23DC24 FVRS10LAC.
The interest earned from INE509M07303 bond issued by Sonata Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE509M07303 bond issued by Sonata Finance 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.
This Debenture offers a coupon rate of 12.3%, which determines the periodic interest payments made to bondholders.
The INE509M07303 Debenture is issued by Sonata Finance Private Limited, a Private Sector company.