INE998Y07055 | Berar Finance Limited | Bond Directory- IndiaBonds

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BERAR FINANCE LIMITED

ACTIVE

13.75% SECURED RATED, UNLISTED, UNSUBORDINATED TRANSFERABLE REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/03/2023

ISIN

INE998Y07055

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Essentials

Coupon Rate (Returns)

13.75%

Rating

- -

Interest Payment Frequency

QUARTERLY

Four Times A Year

Maturity after

1 years 4 months

Mar 30, 2023

Face Value

₹10,00,000

Coupon Type

Compounding

MONTHLY

Can be returned to Issuer?

Put option exercised at

Data Not Available

Issue Details

Issue Size

15 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private

Issuer Details

BERAR FINANCE LIMITED

Business Sector

Utilities

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Small

Tax Saving

Issue Type

Private

Coupon Type

Compounding

Factors

Issue Size

Small

Tax Saving

Issue Type

Private

Coupon Type

Compounding

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?

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Credit Rating

None

(-)

Credit Outlook

Rating Watch

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

What other details I need to know?

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

Coupon and Interest Details

Coupon Basis

N/A

Step Up/Down Coupon Basis

Step Up

Infrastructure Category

Coupon Payment Date

PAYABLE QUARTERLY AS PER THE DATES ARE 31/12/2020,31/03/2021 TO TILL MATURITY.

Interest Rate Up to

Mar 30, 2023

Interest Rate Link Up to

N/A

Additional Details

Allotment Date

Nov 18, 2020

First Payment date

Dec 31, 2020

Day Count

N/A

Taxable

Registrar Details

Bigshare Services Pvt. Limited

Put Description

THE DEBENTURE HOLDERS SHALL HAVE THE RIGHT BUT NOT THE OBLIGATION TO CALL UPON THE ISSUER TO REDEEM ALL BUT NOT ANY DEBENTURES BY ISSUING A NOTICE TO ISSUER, FOR MORE INFORMATION PLEASE CONTACT ISSUER.

Call Description

Redemption Details

Type of Redemption

Full Redemption

Defaulted in Redemption

Not Applicable

Redemption Premium Details

N/A

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

Personal Details

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