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SPANDANA SPHOORTY FINANCIAL LIMITED

Adequate Safety

Adequate Safety

ISIN

INE572J07638

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Essentials - Secured - Regular Bond/Debenture

Coupon Rate (Returns)

10.7500 %

Rating

Ind-Ra  A

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity Date

Sep 22, 2025

1 years 3 months

Last Offered
Yield to Maturity
(YTM)

11.2947 %

Effective Returns

Security Class

Debentures

Next Interest Payment Date

Jul 06, 2024

Allotment Date

Oct 06, 2023

Call date

-

Put date

-

Coupon Type

Fixed Interest

Calculate Investment

Minimum bond quantity is

Choose number of bonds you want to buy

Bond Value Details

Face Value

₹ 1,00,000.00

Last Offered
Market value

₹ 1,00,000.00

Indicative Principal Amount

(Last Offered Market value * no. of bonds)

₹ 1,00,000.00

Indicative Accrued Interest till Jun 19, 2024

(Interest earned on the bond this year)

383

Total Investment

₹ 1,00,382.88

×

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue Details

Issue Size

₹ 75 Crores

Private Placement

Listing details

Yes

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issuer Details

SPANDANA SPHOORTHY FINANCIAL LIMITED

Business Sector

Finance

KFIN TECHNOLOGIES PRIVATE LIMITED

Registrar Details

KFIN TECHNOLOGIES PRIVATE LIMITED

Ownership

Non PSU

Security Name

SPANDANA SPHOORTY FINANCIAL LIMITED 10.75 NCD 22SP25 FVRS1LAC

SPANDANA SPHOORTY FINANCIAL LIMITED 10.75 NCD 22SP25 FVRS1LAC

SPANDANA SPHOORTY FINANCIAL LIMITED 10.75 NCD 22SP25 FVRS1LAC

Factors

Yield

High

Issue Size

Large

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

*Rating Agency -Ind-Ra

*What is an After Market Order (AMO)?

After Market Order (AMO) is a request from the client to place an order when market opens on next trading day on the RFQ (one to one) segment of Exchange based on the terms selected by the client.

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).The listing of products above should not be considered an advertisement, endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

Factors

Yield

High

Issue Size

Large

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

*Rating Agency - Ind-Ra

What can I earn?

Your investment will yield regular returns across the tenure


Your Investment

₹ ₹ 1,00,382.88


Indicative
Principal Amount

₹ ₹ 1,00,000.00

+

Indicative
Accrued Interest

₹ 383

Final Payout


Indicative
Principal Payout

₹ ₹ 1,00,382.88

+

Indicative
Interest Payout

₹ 10,205.000000

Year

Payment
Schedule (Date)

Interest Payout (₹)

Redemption
Amount (₹)

Redemption
Value (%)

2024

Monthly

₹ 0

₹ 0

0.0000 %

2024

06 Jul

₹ 883.56

2024

06 Aug

₹ 913.01

2024

06 Sep

₹ 913.01

2024

06 Oct

₹ 883.56

2024

06 Nov

₹ 913.01

2024

06 Dec

₹ 883.56

2025

Monthly

₹ 0

₹ 0

100.0000 %

2025

06 Jan

₹ 913.01

25,000.00

25.0000 %

2025

06 Feb

₹ 684.76

2025

06 Mar

₹ 618.49

2025

06 Apr

₹ 684.76

25,000.00

25.0000 %

2025

06 May

₹ 441.78

2025

06 Jun

₹ 456.51

2025

06 Jul

₹ 441.78

25,000.00

25.0000 %

2025

06 Aug

₹ 228.25

2025

06 Sep

₹ 228.25

2025

22 Sep

₹ 117.81

25,000.00

25.0000 %

Your Investment

Total Investment

₹ 1,00,382.88

Final Payout

Total Payout

1,10,205.000000

2024

2025

Final Payout

Total Payout

1,10,205.000000

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

A

(Sep 11, 2023)

Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Under Watch

Not Applicable

Not Applicable

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Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

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Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

gurantee icon

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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