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Instrument Details

ISIN: INE973Z07162

Face value

₹1,000

Coupon rate

10.50%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

0.475

Instrument Type

Debenture

Returns

High

Date of Issue

04 Sep 2021

Maturity Date

09 Apr 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

GOSREE FINANCE LIMITED TR Z2 10.50 NCD 04SP23 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE973Z07162, with a face value of ₹1,000 rs on 04Sep21 to raise 0.475 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid on Maturity. 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 10.5% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE. TRANCHE Z2. DATE OF MATURITY 04/09/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding 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
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10.50%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Trivandrum
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE973Z07162 issued by Gosree Finance Limited

The instrument name of INE973Z07162 ISIN is GOSREE FINANCE LIMITED TR Z2 10.50 NCD 04SP23 FVRS1000.
The interest earned from the INE973Z07162 bond issued by Gosree Finance Limited is paid at the time of maturity
This INE973Z07162 bond issued by Gosree Finance Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE973Z07162 Debenture is issued by Gosree Finance Limited, a Private Sector company.
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