Bond Directory / SK FINANCE LIMITED

SK FINANCE LIMITED

DELETED

REFERENCE INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES-5236196-5236595.DATE OF MATURITY 09/01/2022

ISIN

INE124N07366

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Essentials

Coupon Rate (Returns)

LINKED TO REFERENCE INDEX

Rating

PP-MLD Ar  CRISIL RATINGS LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-3 years -6 months

Jan 09, 2022

Face Value

₹10,00,000

Coupon Type

-

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

40 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Beacon Trusteeship Ltd

Issue

Private Placement

Issuer Details

SK FINANCE LIMITED

Business Sector

Non-Banking Financial Company (NBFC)

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

Factors

Issue Size

Medium

Rating Category*

A

Tax Saving

No

Mode of Issuance

Private Placement

*Rating Agency - CRISIL RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

Know this Issuer

It's essential to understand the issuer of the bonds where you're investing your money.

SK Finance Limited

SK Finance Limited (SKFL), formerly Ess Kay Fincorp Ltd, is an RBI-registered, non-deposit accepting NBFC headquartered in Jaipur, Rajasthan. SKFL has grown into a prominent financial institution based in Rajasthan, boasting a balance sheet size of ₹12,300+ crores.

Financial Performance

Particulars FY25 (₹ in cr) FY24 (₹ in cr) FY23 (₹ in cr)
PAT 379.66 311.92 222.78
GNPA% 2.58 3.50 3.11
Net Worth 3487.59 3100 1831.93
CRAR% 29.51 33.86 26.10
NNPA% 1.53 2.47 2.36
GEARING (times) 3.3 2.88 3.84
REVENUE 2386.37 1797.94 1314.24

Good market knowledge and track record

Comfortable capitalisation

Track record of healthy profitability

Adequately diversified borrowing profile for the scale of operations

Exposure to relatively modest borrower profiles

High, albeit improving, geographical and product concentration

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

PP-MLD Ar

(Jan 07, 2020)

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

Not Applicable

Not Applicable

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

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

None

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

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

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?

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How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.