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Instrument Details

ISIN: INE157D07DJ6

Face value

₹10,00,000

Coupon rate

10.60%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

18 Sep 2020

Maturity Date

18 Sep 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

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

CLIX CAPITAL SERVICES PRIVATE LIMITED 10.60 NCD 18SP23 FVRS10LAC
Clix Capital Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE157D07DJ6, with a face value of ₹10,00,000 rs on 18Sep20 to raise 30 crores. The debt instrument is issued with a coupon rate of 10.60% 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 10.60% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/09/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 25Sep20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 18Sep20. This issuer is formerly known as GE MONEY FINANCIAL SERVICES PVT LTD, GE MONEY FINANCIAL SERVICES 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
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
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
18-Sep-20 : Your investment
₹26,50,000
18-Dec-20 : Interest
₹26,50,000
18-Mar-21 : Interest
₹26,50,000
18-Jun-21 : Interest
₹26,50,000
18-Sep-21 : Interest
₹26,50,000
18-Dec-21 : Interest
₹26,50,000
18-Mar-22 : Interest
₹26,50,000
18-Jun-22 : Interest
₹26,50,000
18-Sep-22 : Interest
₹26,50,000
18-Dec-22 : Interest
₹26,50,000
18-Mar-23 : Interest
₹26,50,000
18-Jun-23 : Interest
₹26,50,000
18-Sep-23 : Interest
₹13,18,00,000
18-Sep-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,18,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.60%

Returns

High

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
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE157D07DJ6 issued by Clix Capital Services Private Limited

The instrument name of INE157D07DJ6 ISIN is CLIX CAPITAL SERVICES PRIVATE LIMITED 10.60 NCD 18SP23 FVRS10LAC.
The interest earned from INE157D07DJ6 bond issued by Clix Capital Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE157D07DJ6 bond issued by Clix Capital Services Private Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.6%, which determines the periodic interest payments made to bondholders.
The INE157D07DJ6 Debenture is issued by Clix Capital Services Private Limited, a Private Sector company.
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