Bond Directory / SAKTHI FINANCE LIMITED

SAKTHI FINANCE LIMITED

ACTIVE

9.75% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. OPTION III. DATE OF MATURITY 08/08/2023.

ISIN

INE302E07276

Copied

Essentials

Coupon Rate (Returns)

9.75%

Rating

BBB  ICRA LIMITED

Interest Payment Frequency

MONTHLY

Twelve Times A Year

Maturity after

7 months

Aug 08, 2023

Face Value

₹1,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

8.11 Crores

Issue Price

₹1,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Public

Issuer Details

SAKTHI FINANCE LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

*Rating Agency -ICRA LIMITED

Factors

Issue Size

Small

Rating Category*

BBB

Tax Saving

No

Issue Type

Public

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: 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.

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What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BBB

(Apr 06, 2020)

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

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

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Aadhaar Card Number

Demat Account Details

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