Instrument Details

ISIN: INE0HWC07111

Face value

₹1,000

Coupon rate

13.61%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.24

Instrument Type

Debenture

Returns

High

Date of Issue

18 Mar 2022

Maturity Date

19 Aug 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

THE SOUTH INDIAN TRADING SYNDICATE (KOTTAPADI) LIMITED SR CA 13.61 LOA 19AG27 FVRS1000
The South Indian Trading Syndicate (kottapadi) Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0HWC07111, with a face value of ₹1,000 rs on 18Mar22 to raise 0.24 crores. The debt instrument is issued with a coupon rate of 13.61% and its interest is paid on Maturity. 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 13.61% SECURE UNRATED UNLISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES SERIES CA 13.61%. LETTER OF ALLOTMENT. DATE OF MATURITY 19/08/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as THE SOUTH INDIAN TRADING SYNDICATE (KOTTAPADI) 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

13.61%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE0HWC07111 issued by The South Indian Trading Syndicate (kottapadi) Limited

The instrument name of INE0HWC07111 ISIN is THE SOUTH INDIAN TRADING SYNDICATE (KOTTAPADI) LIMITED SR CA 13.61 LOA 19AG27 FVRS1000.
The interest earned from the INE0HWC07111 bond issued by The South Indian Trading Syndicate (kottapadi) Limited is paid at the time of maturity
This INE0HWC07111 bond issued by The South Indian Trading Syndicate (kottapadi) Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13.61%, which determines the periodic interest payments made to bondholders.
The INE0HWC07111 Debenture is issued by The South Indian Trading Syndicate (kottapadi) Limited, a Private Sector company.