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15% Centrum Microcredit Limited (INE865Z08036)
In-activePrivate SectorUnsecured
Instrument Details
ISIN: INE865Z08036
Face value
₹10
Coupon rate
15%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
5
Instrument Type
Debenture
Returns
High
Date of Issue
29 Mar 2019
Maturity Date
29 Mar 2024
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Fully Convertible
About this Bond
CENTRUM MICROCREDIT LIMITED 15 LOA 29MR24 FVRS10
Centrum Microcredit Limited, a Finance company, has floated Debenture,
having ISIN value as INE865Z08036, with a face value of ₹10 rs on 29Mar19 to raise 5 crores. The debt instrument
is issued with a coupon rate of 15% 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 Unsecured
Debenture is 15% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURE. DATE OF CONVERSION 29/03/2024.. 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. This debt instrument is Unrated. This issuer is formerly known as CENTRUM MICROCREDIT PRIVATE LIMITED, NOBITA TRADING PRIVATE 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
Lot Size
100
Minimum Investment
₹1,000
Cashflow
₹1,000
29-Mar-19 : Your investment
₹37
29-Jun-19 : Interest
₹37
29-Sep-19 : Interest
₹37
29-Dec-19 : Interest
₹37
29-Mar-20 : Interest
₹37
29-Jun-20 : Interest
₹37
29-Sep-20 : Interest
₹37
29-Dec-20 : Interest
₹37
29-Mar-21 : Interest
₹37
29-Jun-21 : Interest
₹37
29-Sep-21 : Interest
₹37
29-Dec-21 : Interest
₹37
29-Mar-22 : Interest
₹37
29-Jun-22 : Interest
₹37
29-Sep-22 : Interest
₹37
29-Dec-22 : Interest
₹37
29-Mar-23 : Interest
₹37
29-Jun-23 : Interest
₹37
29-Sep-23 : Interest
₹37
29-Dec-23 : Interest
₹37
29-Mar-24 : Interest
₹1,750
29-Mar-24 : Maturity amount (Investment: ₹1,000, Interest earned: ₹750)
Summary
Instrument Attributes
Value
Coupon Rate
15%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Fully Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Finance
HEAD OFFICE
Mumbai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Centrum Microcredit Limited
FAQs about INE865Z08036 issued by Centrum Microcredit Limited
What is the instrument name of INE865Z08036 ISIN?
The instrument name of INE865Z08036 ISIN is CENTRUM MICROCREDIT LIMITED 15 LOA 29MR24 FVRS10.
How frequently is the interest paid on INE865Z08036 bond issued by Centrum Microcredit Limited?
The interest earned from INE865Z08036 bond issued by Centrum Microcredit Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE865Z08036 bond issued by Centrum Microcredit Limited?
This INE865Z08036 bond issued by Centrum Microcredit Limited does not currently have an assigned credit rating
What is the coupon rate of INE865Z08036 bond issued by Centrum Microcredit Limited?
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE865Z08036 Debenture?
The INE865Z08036 Debenture is issued by Centrum Microcredit 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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