Instrument Details

ISIN: INE00MX07047

Face value

₹10,00,000

Coupon rate

11.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

11 Jun 2020

Maturity Date

06 Nov 2023

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

SVATANTRA MICROFIN PRIVATE LIMITED 11.50 LOA 11JU23 FVRS10LAC
Svatantra Microfin Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE00MX07047, with a face value of ₹10,00,000 rs on 11Jun20 to raise 20 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.50% SECURED, LISTED, RATED, TAXABLE TRANSFERABLE REDEEMABLE, NON-CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.. DATE OF MATURITY 11/06/2023. 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 AA- 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
AA
High Safety
AA-
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Date Verified
09 Jun 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
11-Jun-20 : Your investment
₹1,15,00,000
11-Jun-21 : Interest
₹1,15,00,000
11-Jun-22 : Interest
₹1,15,00,000
11-Jun-23 : Interest
₹13,45,00,000
06-Nov-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,45,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.50%

Returns

High

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
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE00MX07047 issued by Svatantra Microfin Private Limited

The instrument name of INE00MX07047 ISIN is SVATANTRA MICROFIN PRIVATE LIMITED 11.50 LOA 11JU23 FVRS10LAC.
The interest earned from INE00MX07047 bond issued by Svatantra Microfin Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE00MX07047 bond issued by Svatantra Microfin Private Limited has been assigned a credit rating of AA- 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 INE00MX07047 Debenture is issued by Svatantra Microfin Private Limited, a Private Sector company.