Bond Directory / ALPHA ALTERNATIVES FINANCIAL SERVICES PRIVATE LIMITED

ALPHA ALTERNATIVES FINANCIAL SERVICES PRIVATE LIMITED

ACTIVE

21% UNSECURED RATED LISTED REDEEMABLE SUBORDINATED TIER II NON CONVERTIBLE DEBENTURES SERIES FC-A DATE OF MATURITY 15/05/2033

ISIN

INE0L6808029

Copied

Essentials

Coupon Rate (Returns)

21

Rating

BBB-  Acuite Ratings And Research Limited

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

9 years 2 months

May 15, 2033

Face Value

₹1,00,000

Coupon Type

Compounding

ANNUALLY

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

16.67 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

NSE

Debenture Trustee

Mitcon Trusteeship Services Limited

Issue

Private Placement (EBP)

Issuer Details

ALPHA ALTERNATIVES FINANCIAL SERVICES PRIVATE LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -Acuite Ratings And Research Limited

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Compounding

Factors

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Compounding

*Rating Agency - Acuite Ratings And Research Limited

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 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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BBB-

(May 10, 2023)

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

Credit Outlook

Stable

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

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

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

Subordinate Tier 2

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

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