Bond Directory / KARVY FINANCIAL SERVICES LIMITED

KARVY FINANCIAL SERVICES LIMITED

DELETED

CNX NIFTY LINKED SECURED NON CONVERTIBLE DEBENTURES SERIES B-41. LETTER OF ALLOTMENT. DATE OF MATURITY 11/04/2016

ISIN

INE308L07435

Copied

Essentials

Coupon Rate (Returns)

CNX NIFTY LINKED

Rating

ICRA LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-7 years -10 months

Apr 11, 2016

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

3.90 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

AXIS TRUSTEE SERVICES LIMITED

Issue

Private

Issuer Details

KARVY FINANCIAL SERVICES LIMITED

Business Sector

Finance

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Small

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

Factors

Issue Size

Small

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - ICRA 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

A

(Apr 19, 2012)

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

Senior

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?

You can follow the steps mentioned to complete your Purchase.

You may also like...

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Sep 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.5000%

Price

₹ 1,00,372.83

Spandana Sphoorty Financial Limited

Coupon

10.7500%

Maturity

Mar 2025

Rating

Ind-Ra  A

Type of Bond

Secured - Regular Bond/Debenture

Yield

11.2924%

Price

₹ 1,00,587.43

Vivriti Capital Limited

Coupon

9.5700%

Maturity

Mar 2025

Rating

CARE  A+

Type of Bond

Secured - Regular Bond/Debenture

Yield

10.5000%

Price

₹ 993.10

Yes Bank Limited

Coupon

9.0000%

Maturity

Mar 2026

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.5000%

Price

₹ 10,72,158.34

Yes Bank Limited

Coupon

9.1500%

Maturity

Jun 2025

Rating

CARE  A

Type of Bond

Subordinate Debt Tier 2

Yield

9.4000%

Price

₹ 10,56,211.00

Yes Bank Limited

Coupon

8.8500%

Maturity

Feb 2025

Rating

CARE  A

Type of Bond

Unsecured - Regular Bond/Debenture

Yield

9.2500%

Price

₹ 9,96,127.00

Satya Microcapital Limited

Coupon

13.8500%

Maturity

Jul 2029

Rating

CRISIL  BBB+

Type of Bond

Subordinate Debt

Yield

14.9218%

Price

₹ 99,979.78

Electronica Finance Limited

Coupon

13.0000%

Maturity

Jun 2029

Rating

Ind-Ra  A-

Type of Bond

Subordinate Debt

Yield

13.7959%

Price

₹ 99,893.44