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Instrument Details

ISIN: INE515Q07400

Face value

₹10,00,000

Coupon rate

11.70%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

70

Instrument Type

Debenture

Returns

High

Date of Issue

22 Sep 2020

Maturity Date

22 Sep 2026

Perpetual

Yes

Listing Status

Listed

Rating status

A- (CRISIL Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ANNAPURNA FINANCE PRIVATE LIMITED 11.70 NCD 22SP26 FVRS10LAC
Annapurna Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE515Q07400, with a face value of ₹10,00,000 rs on 22Sep20 to raise 70 crores. The debt instrument is issued with a coupon rate of 11.70% and its interest is paid Semi 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 11.70% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 22/09/2026. 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 30Sep20. CRISIL RATINGS LIMITED has given A- rating to this Debenture on 21Aug20. This issuer is formerly known as ANNAPURNA MICROFINANCE PRIVATE LIMITED, GWALIOR FINANCE AND LEASING COMPANY PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
28 Feb 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
22-Sep-20 : Your investment
₹58,50,000
22-Mar-21 : Interest
₹58,50,000
22-Sep-21 : Interest
₹58,50,000
22-Mar-22 : Interest
₹58,50,000
22-Sep-22 : Interest
₹58,50,000
22-Mar-23 : Interest
₹58,50,000
22-Sep-23 : Interest
₹58,50,000
22-Mar-24 : Interest
₹58,50,000
22-Sep-24 : Interest
₹58,50,000
22-Mar-25 : Interest
₹58,50,000
22-Sep-25 : Interest
₹58,50,000
22-Mar-26 : Interest
₹58,50,000
22-Sep-26 : Interest
₹17,02,00,000
22-Sep-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,02,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.70%

Returns

High

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE515Q07400 issued by Annapurna Finance Private Limited

The instrument name of INE515Q07400 ISIN is ANNAPURNA FINANCE PRIVATE LIMITED 11.70 NCD 22SP26 FVRS10LAC.
The interest earned from INE515Q07400 bond issued by Annapurna Finance Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE515Q07400 bond issued by Annapurna Finance Private Limited has been assigned a credit rating of A- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.7%, which determines the periodic interest payments made to bondholders.
The INE515Q07400 Debenture is issued by Annapurna Finance Private Limited, a Private Sector company.
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