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Instrument Details

ISIN: INE128S07341

Face value

₹10,00,000

Coupon rate

10.21%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

65

Instrument Type

Debenture

Returns

High

Date of Issue

28 Jun 2018

Maturity Date

28 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

FIVE-STAR BUSINESS FINANCE LIMITED SR-D 10.21 NCD 28MR23 FVRS10LAC
Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE128S07341, with a face value of ₹10,00,000 rs on 28Jun18 to raise 65 crores. The debt instrument is issued with a coupon rate of 10.21% 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 10.21% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES D. DATE OF MATURITY 28/03/2023. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 09Jul18. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 01Jan70. This issuer is formerly known as FIVE-STAR BUSINESS CREDITS LIMITED, FIVE-STAR BUSINESS CREDITS PRIVATE 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
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
28-Jun-18 : Your investment
₹25,52,500
28-Sep-18 : Interest
₹25,52,500
28-Dec-18 : Interest
₹25,52,500
28-Mar-19 : Interest
₹25,52,500
28-Jun-19 : Interest
₹25,52,500
28-Sep-19 : Interest
₹25,52,500
28-Dec-19 : Interest
₹25,52,500
28-Mar-20 : Interest
₹25,52,500
28-Jun-20 : Interest
₹25,52,500
28-Sep-20 : Interest
₹25,52,500
28-Dec-20 : Interest
₹25,52,500
28-Mar-21 : Interest
₹25,52,500
28-Jun-21 : Interest
₹25,52,500
28-Sep-21 : Interest
₹25,52,500
28-Dec-21 : Interest
₹25,52,500
28-Mar-22 : Interest
₹25,52,500
28-Jun-22 : Interest
₹25,52,500
28-Sep-22 : Interest
₹25,52,500
28-Dec-22 : Interest
₹25,52,500
28-Mar-23 : Interest
₹14,84,97,500
28-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,84,97,500)

Summary

Instrument Attributes

Value

Coupon Rate

10.21%

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
Chennai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE128S07341 issued by Five-star Business Finance Limited

The instrument name of INE128S07341 ISIN is FIVE-STAR BUSINESS FINANCE LIMITED SR-D 10.21 NCD 28MR23 FVRS10LAC.
The interest earned from INE128S07341 bond issued by Five-star Business Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE128S07341 bond issued by Five-star Business Finance 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 10.21%, which determines the periodic interest payments made to bondholders.
The INE128S07341 Debenture is issued by Five-star Business Finance Limited, a Private Sector company.
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