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Instrument Details

ISIN: INE411R07087

Face value

₹1,00,000

Coupon rate

BSE SENSEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Jun 2021

Maturity Date

30 Sep 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD BBB (INDIA Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ASHV FINANCE LIMITED BR NCD 30SP24 FVRS1LAC
Ashv Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE411R07087, with a face value of ₹1,00,000 rs on 29Jun21 to raise 20 crores. The debt instrument is issued with a coupon rate of BSE SENSEX 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 SENSEX LINKED SECURED RATED UNLISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 30/09/2024. 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. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD BBB rating to this Debenture on 25Jun21. 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)

Instrument Rating
BBB
Moderately Safe
PP-MLD BBB
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Date Verified
22 Jan 2024
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Outlook
Negative
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

BSE SENSEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD BBB

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 INE411R07087 issued by Ashv Finance Limited

The instrument name of INE411R07087 ISIN is ASHV FINANCE LIMITED BR NCD 30SP24 FVRS1LAC.
The interest earned from the INE411R07087 bond issued by Ashv Finance Limited is paid at the time of maturity
This INE411R07087 bond issued by Ashv Finance Limited has been assigned a credit rating of PP-MLD BBB by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE411R07087 bond issued by Ashv Finance Limited is BSE SENSEX LINKED.
The INE411R07087 Debenture is issued by Ashv Finance Limited, a Private Sector company.
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