Bond Directory / BERAR FINANCE LIMITED

BERAR FINANCE LIMITED

DELETED

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

-2 years -3 months

Mar 30, 2023

Face Value

₹10,00,000

Coupon Type

Compounding

MONTHLY

Can be returned to Issuer?

No

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 Placement

Issuer Details

BERAR FINANCE LIMITED

Business Sector

Non-Banking Financial Company (NBFC)

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Small

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

Factors

Issue Size

Small

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

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.

Berar Finance Limited

Berar Finance Limited (BFL), based in Nagpur, BFL is a deposit-taking NBFC registered with the RBI. Incorporated in 1990, the company is promoted by Mr. Maroti G Jawanjar. It primarily finances two-wheelers (2Ws), which, including refinancing, accounted for ~97% of assets under management (AUM) as on March 31, 2025.

Financial Performance

Particulars FY25 (₹ in cr) FY24 (₹ in cr) FY23 (₹ in cr)
AUM 1386 1124 964
NET WORTH 327 296 275
REVENUE 294.96 251.81 217.96
PAT 32.29 22.18 17.08
CAR% 22.28 24.95 26.33
GNPA% 4.43 4.56 4.67
NNPA% 2.89 2.81 3.03
GEARING (times) 3.70 3.30 3.02

Comfortable capitalisation

Experienced promoters and management

Diversified resource profile

Average asset quality

Improving earnings profile; sustenance to be monitored

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

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?

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How do I buy this bond?

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