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12.40% Ashv Finance Limited (INE411R07053)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE411R07053
Face value
₹10,00,000
Coupon rate
12.40%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
32
Instrument Type
Debenture
Returns
High
Date of Issue
25 Nov 2020
Maturity Date
25 Nov 2023
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
ASHV FINANCE LIMITED SR 1-320 12.40 NCD 25NV23 FVRS10LAC
Ashv Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE411R07053, with a face value of ₹10,00,000 rs on 25Nov20 to raise 32 crores. The debt instrument
is issued with a coupon rate of 12.40% and its interest is paid
Quarterly. 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 12.40% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 1-320.. DATE OF MATURITY 25/11/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as JAIN SONS FINLEASE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
25-Nov-20 : Your investment
₹31,00,000
25-Feb-21 : Interest
₹31,00,000
25-May-21 : Interest
₹31,00,000
25-Aug-21 : Interest
₹31,00,000
25-Nov-21 : Interest
₹31,00,000
25-Feb-22 : Interest
₹31,00,000
25-May-22 : Interest
₹31,00,000
25-Aug-22 : Interest
₹31,00,000
25-Nov-22 : Interest
₹31,00,000
25-Feb-23 : Interest
₹31,00,000
25-May-23 : Interest
₹31,00,000
25-Aug-23 : Interest
₹31,00,000
25-Nov-23 : Interest
₹13,72,00,000
25-Nov-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,72,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
12.40%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Ashv Finance Limited
FAQs about INE411R07053 issued by Ashv Finance Limited
What is the instrument name of INE411R07053 ISIN?
The instrument name of INE411R07053 ISIN is ASHV FINANCE LIMITED SR 1-320 12.40 NCD 25NV23 FVRS10LAC.
How frequently is the interest paid on INE411R07053 bond issued by Ashv Finance Limited?
The interest earned from INE411R07053 bond issued by Ashv Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE411R07053 bond issued by Ashv Finance Limited?
This INE411R07053 bond issued by Ashv Finance Limited does not currently have an assigned credit rating
What is the coupon rate of INE411R07053 bond issued by Ashv Finance Limited?
This Debenture offers a coupon rate of 12.4%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE411R07053 Debenture?
The INE411R07053 Debenture is issued by Ashv Finance Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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