Bond Directory / ASIRVAD MICRO FINANCE LIMITED

ASIRVAD MICRO FINANCE LIMITED

DELETED

12% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES. DATE OF MATURITY 31/03/2021

ISIN

INE516Q08190

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Essentials

Coupon Rate (Returns)

12% YTM

Rating

A+  CRISIL RATINGS LIMITED

Interest Payment Frequency

QUARTERLY

Four Times A Year

Maturity after

-8 months

Mar 31, 2021

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Put Available

Put option exercised at

At Par

Issue Details

Issue Size

250 Crores

Issue Price

₹2,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private

Issuer Details

ASIRVAD MICRO FINANCE LIMITED

Business Sector

Finance

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -CRISIL RATINGS LIMITED

Factors

Issue Size

Large

Rating Category*

A

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - CRISIL RATINGS 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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Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

A+

(Mar 13, 2018)

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

Positive

Credit Outlook is positive and hence credit rating of the bond is not likely to change adversely in near future.

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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Demat details

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