The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE157D07DP3

Face value

₹10,00,000

Coupon rate

9.75%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

29 Jul 2021

Maturity Date

27 Jan 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA- (Acuite 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 9.75 NCD 27JN23 FVRS10LAC
Clix Capital Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE157D07DP3, with a face value of ₹10,00,000 rs on 29Jul21 to raise 30 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% SECURED UNLISTED RATED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given AA- rating to this Debenture on 06Jul21. 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
AA
High Safety
AA-
check
Date Verified
07 Jul 2022
check
Outlook
Negative
logo
Seniority in Repayment
None
logo
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
29-Jul-21 : Your investment
₹24,37,500
29-Oct-21 : Interest
₹24,37,500
29-Jan-22 : Interest
₹24,37,500
29-Apr-22 : Interest
₹24,37,500
29-Jul-22 : Interest
₹24,37,500
29-Oct-22 : Interest
₹7,98,958
27-Jan-23 : Interest
₹11,29,86,458
27-Jan-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,29,86,458)

Summary

Instrument Attributes

Value

Coupon Rate

9.75%

Returns

High

Bond Rating

AA-

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 INE157D07DP3 issued by Clix Capital Services Private Limited

The instrument name of INE157D07DP3 ISIN is CLIX CAPITAL SERVICES PRIVATE LIMITED 9.75 NCD 27JN23 FVRS10LAC.
The interest earned from INE157D07DP3 bond issued by Clix Capital Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE157D07DP3 bond issued by Clix Capital Services Private Limited has been assigned a credit rating of AA- by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
The INE157D07DP3 Debenture is issued by Clix Capital Services Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow