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Instrument Details

ISIN: INE197P07292

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

109

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 May 2022

Maturity Date

26 May 2024

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)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 1 BR NCD 26MY24 FVRS10LAC
A. K. Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE197P07292, with a face value of ₹10,00,000 rs on 26May22 to raise 109 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 6.54 GSEC 2032 LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECT MARKET LINKED NON CONVERTIBLE DEBENTURE. SERIES MLD-1. DATE OF MATURITY 26/05/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 27May22. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 26May22. 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

WITHDRAWN

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 INE197P07292 issued by A. K. Capital Finance Limited

The instrument name of INE197P07292 ISIN is A. K. CAPITAL FINANCE LIMITED SR 1 BR NCD 26MY24 FVRS10LAC.
The interest earned from the INE197P07292 bond issued by A. K. Capital Finance Limited is paid at the time of maturity
This INE197P07292 bond issued by A. K. Capital Finance Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE197P07292 bond issued by A. K. Capital Finance Limited is GSEC LINKED.
The INE197P07292 Debenture is issued by A. K. Capital Finance Limited, a Private Sector company.
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