Instrument Details

ISIN: INE00MX07013

Face value

₹10,00,000

Coupon rate

11.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

01 Jun 2020

Maturity Date

06 Jan 2023

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SVATANTRA MICROFIN PRIVATE LIMITED 11.5 NCD 01JU23 FVRS10LAC
Svatantra Microfin Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00MX07013, with a face value of ₹10,00,000 rs on 01Jun20 to raise 15 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.5% SECURED RATED LISTED SENIOR REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Jul20. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 26May20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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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
01-Jun-20 : Your investment
₹28,75,000
01-Sep-20 : Interest
₹28,75,000
01-Dec-20 : Interest
₹28,75,000
01-Mar-21 : Interest
₹28,75,000
01-Jun-21 : Interest
₹28,75,000
01-Sep-21 : Interest
₹28,75,000
01-Dec-21 : Interest
₹28,75,000
01-Mar-22 : Interest
₹28,75,000
01-Jun-22 : Interest
₹28,75,000
01-Sep-22 : Interest
₹28,75,000
01-Dec-22 : Interest
-₹5,90,972
06-Jan-23 : Interest
₹12,81,59,027
06-Jan-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,81,59,027)

Summary

Instrument Attributes

Value

Coupon Rate

11.50%

Returns

High

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE00MX07013 issued by Svatantra Microfin Private Limited

The instrument name of INE00MX07013 ISIN is SVATANTRA MICROFIN PRIVATE LIMITED 11.5 NCD 01JU23 FVRS10LAC.
The interest earned from INE00MX07013 bond issued by Svatantra Microfin Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE00MX07013 bond issued by Svatantra Microfin Private Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.5%, which determines the periodic interest payments made to bondholders.
The INE00MX07013 Debenture is issued by Svatantra Microfin Private Limited, a Private Sector company.