The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
12.75% Five-star Business Finance Limited - AA Rated (INE128S07424)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE128S07424
Face value
₹10
Coupon rate
12.75%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
15
Instrument Type
Debenture
Returns
High
Date of Issue
13 May 2020
Maturity Date
13 May 2026
Perpetual
Yes
Listing Status
Listed
Rating status
AA- (ICRA Ratings)
Call Option
Not Available
Put Option
Not 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 12.75 NCD 13MY26 FVRS10
Five-star Business Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE128S07424, with a face value of ₹10 rs on 13May20 to raise 15 crores. The debt instrument
is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED LISTED SENIOR REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/05/2026.. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Debenture is listed on BSE stock
exchange on 28May20. ICRA LIMITED has given AA- rating to
this Debenture on 04Sep24. 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)
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
13-May-20 : Your investment
₹31
13-Aug-20 : Interest
₹31
13-Nov-20 : Interest
₹31
13-Feb-21 : Interest
₹31
13-May-21 : Interest
₹31
13-Aug-21 : Interest
₹31
13-Nov-21 : Interest
₹31
13-Feb-22 : Interest
₹31
13-May-22 : Interest
₹31
13-Aug-22 : Interest
₹31
13-Nov-22 : Interest
₹31
13-Feb-23 : Interest
₹31
13-May-23 : Interest
₹31
13-Aug-23 : Interest
₹31
13-Nov-23 : Interest
₹31
13-Feb-24 : Interest
₹31
13-May-24 : Interest
₹31
13-Aug-24 : Interest
₹31
13-Nov-24 : Interest
₹31
13-Feb-25 : Interest
₹31
13-May-25 : Interest
₹31
13-Aug-25 : Interest
₹31
13-Nov-25 : Interest
₹31
13-Feb-26 : Interest
₹31
13-May-26 : Interest
₹1,765
13-May-26 : Maturity amount (Investment: ₹1,000, Interest earned: ₹765)
Summary
Instrument Attributes
Value
Coupon Rate
12.75%
Returns
High
Bond Rating
AA-
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Chennai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Five-star Business Finance Limited
FAQs about INE128S07424 issued by Five-star Business Finance Limited
What is the instrument name of INE128S07424 ISIN?
The instrument name of INE128S07424 ISIN is FIVE-STAR BUSINESS FINANCE LIMITED 12.75 NCD 13MY26 FVRS10.
How frequently is the interest paid on INE128S07424 bond issued by Five-star Business Finance Limited?
The interest earned from INE128S07424 bond issued by Five-star Business Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE128S07424 bond issued by Five-star Business Finance Limited?
This INE128S07424 bond issued by Five-star Business Finance Limited has been assigned a credit rating of AA- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE128S07424 bond issued by Five-star Business Finance Limited?
This Debenture offers a coupon rate of 12.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE128S07424 Debenture?
The INE128S07424 Debenture is issued by Five-star Business Finance Limited, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
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.
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.
Invest in safer portfolio without compromising returns.
