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Instrument Details

ISIN: INE818W08057

Face value

₹10,00,000

Coupon rate

11%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

29 Sep 2017

Maturity Date

29 Sep 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

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

ESAF SMALL FINANCE BANK LIMITED SR I 11 LOA 29SP24 FVRS10LAC
Esaf Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE818W08057, with a face value of ₹10,00,000 rs on 29Sep17 to raise 25 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid Semi Annually. 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 11% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE BASEL III COMPLIANT TIER II BONDS. SERIES I. LETTER OF ALLOTMENT. DATE OF MATURITY 29/09/2024. 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. This debt instrument is Unrated. 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
Subordinate Tier 2
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Security
Unsecured
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-Sep-17 : Your investment
₹55,00,000
29-Mar-18 : Interest
₹55,00,000
29-Sep-18 : Interest
₹55,00,000
29-Mar-19 : Interest
₹55,00,000
29-Sep-19 : Interest
₹55,00,000
29-Mar-20 : Interest
₹55,00,000
29-Sep-20 : Interest
₹55,00,000
29-Mar-21 : Interest
₹55,00,000
29-Sep-21 : Interest
₹55,00,000
29-Mar-22 : Interest
₹55,00,000
29-Sep-22 : Interest
₹55,00,000
29-Mar-23 : Interest
₹55,00,000
29-Sep-23 : Interest
₹55,00,000
29-Mar-24 : Interest
₹55,00,000
29-Sep-24 : Interest
₹17,70,00,000
29-Sep-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,70,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Bank
Head Office
HEAD OFFICE
Thrissur
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE818W08057 issued by Esaf Small Finance Bank Limited

The instrument name of INE818W08057 ISIN is ESAF SMALL FINANCE BANK LIMITED SR I 11 LOA 29SP24 FVRS10LAC.
The interest earned from INE818W08057 bond issued by Esaf Small Finance Bank Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE818W08057 bond issued by Esaf Small Finance Bank Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE818W08057 Debenture is issued by Esaf Small Finance Bank Limited, a Private Sector company.
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