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Instrument Details

ISIN: INE513Q07165

Face value

₹10,00,000

Coupon rate

13.20%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

22

Instrument Type

Debenture

Returns

High

Date of Issue

10 Jun 2022

Maturity Date

03 Jul 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (CARE 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

SVASTI MICROFINANCE PRIVATE LIMITED 13.20 NCD 07MR25 FVRS10LAC
Svasti Microfinance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE513Q07165, with a face value of ₹10,00,000 rs on 10Jun22 to raise 22 crores. The debt instrument is issued with a coupon rate of 13.20% 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 Secured Debenture is 13.20% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/03/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB rating to this Debenture on 10Jun22. This issuer is formerly known as SVASTI MICROFINANCE LIMITED, EASY HOUSING AND FINANCE 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
11 Sep 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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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
10-Jun-22 : Your investment
₹1,32,00,000
10-Jun-23 : Interest
₹1,32,00,000
10-Jun-24 : Interest
₹1,32,00,000
10-Jun-25 : Interest
₹13,96,00,000
03-Jul-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,96,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

13.20%

Returns

High

Bond Rating

BBB

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE513Q07165 issued by Svasti Microfinance Private Limited

The instrument name of INE513Q07165 ISIN is SVASTI MICROFINANCE PRIVATE LIMITED 13.20 NCD 07MR25 FVRS10LAC.
The interest earned from INE513Q07165 bond issued by Svasti Microfinance Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE513Q07165 bond issued by Svasti Microfinance Private Limited has been assigned a credit rating of BBB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.2%, which determines the periodic interest payments made to bondholders.
The INE513Q07165 Debenture is issued by Svasti Microfinance Private Limited, a Private Sector company.
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