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Instrument Details

ISIN: INE197P07193

Face value

₹1,00,000

Coupon rate

9.75 %

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

85

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Jun 2018

Maturity Date

28 Jun 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (Acuite Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

A. K. CAPITAL FINANCE LIMITED SR-K 9.75 NCD 28JU25 FVRS1LAC
A. K. Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE197P07193, with a face value of ₹1,00,000 rs on 28Jun18 to raise 85 crores. The debt instrument is issued with a coupon rate of 9.75 % and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 9.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SEIRES K. DATE OF MATURITY 28/06/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 16Jul18. Acuite Ratings And Research Limited has given AA+ rating to this Debenture on 31May18. This issuer is formerly known as A. K. CAPITAL FINANCE PRIVATE LIMITED, GIRDHAR VANIJYA PRIVATE LIMTIED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
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Date Verified
26 Sep 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

9.75 %

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE197P07193 issued by A. K. Capital Finance Limited

The instrument name of INE197P07193 ISIN is A. K. CAPITAL FINANCE LIMITED SR-K 9.75 NCD 28JU25 FVRS1LAC.
The interest earned from INE197P07193 bond issued by A. K. Capital Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE197P07193 bond issued by A. K. Capital Finance Limited has been assigned a credit rating of AA+ by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE197P07193 bond issued by A. K. Capital Finance Limited is 9.75 %.
The INE197P07193 Debenture is issued by A. K. Capital Finance Limited, a Private Sector company.
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