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12% Gosree Finance Limited (INE973Z08020)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE973Z08020
Face value
₹1,000
Coupon rate
12%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
0.35
Instrument Type
Debenture
Returns
High
Date of Issue
23 Nov 2020
Maturity Date
23 Nov 2025
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
Subordinate Tier 2
Guarantee Type
Non Convertible
About this Bond
GOSREE FINANCE LIMITED SR X3 TR 12 BD 23NV25 FVRS1000
Gosree Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE973Z08020, with a face value of ₹1,000 rs on 23Nov20 to raise 0.35 crores. The debt instrument
is issued with a coupon rate of 12% 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% UNSECURED UNRATED UNLISTED SUBORDINATED TIER II BOND IN THE NATURE OF NON CONVERTIBLE DEBENTURE.SERIES GFL-X3 TRANCHE QUARTERLY.DATE OF MATURITY 23/11/2025. 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)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000
Cashflow
₹1,00,000
23-Nov-20 : Your investment
₹3,000
23-Feb-21 : Interest
₹3,000
23-May-21 : Interest
₹3,000
23-Aug-21 : Interest
₹3,000
23-Nov-21 : Interest
₹3,000
23-Feb-22 : Interest
₹3,000
23-May-22 : Interest
₹3,000
23-Aug-22 : Interest
₹3,000
23-Nov-22 : Interest
₹3,000
23-Feb-23 : Interest
₹3,000
23-May-23 : Interest
₹3,000
23-Aug-23 : Interest
₹3,000
23-Nov-23 : Interest
₹3,000
23-Feb-24 : Interest
₹3,000
23-May-24 : Interest
₹3,000
23-Aug-24 : Interest
₹3,000
23-Nov-24 : Interest
₹3,000
23-Feb-25 : Interest
₹3,000
23-May-25 : Interest
₹3,000
23-Aug-25 : Interest
₹3,000
23-Nov-25 : Interest
₹1,60,000
23-Nov-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹60,000)
Summary
Instrument Attributes
Value
Coupon Rate
12%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
Subordinate Tier 2
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Trivandrum
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Gosree Finance Limited
FAQs about INE973Z08020 issued by Gosree Finance Limited
What is the instrument name of INE973Z08020 ISIN?
The instrument name of INE973Z08020 ISIN is GOSREE FINANCE LIMITED SR X3 TR 12 BD 23NV25 FVRS1000.
How frequently is the interest paid on INE973Z08020 bond issued by Gosree Finance Limited?
The interest earned from INE973Z08020 bond issued by Gosree Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE973Z08020 bond issued by Gosree Finance Limited?
This INE973Z08020 bond issued by Gosree Finance Limited does not currently have an assigned credit rating
What is the coupon rate of INE973Z08020 bond issued by Gosree Finance Limited?
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE973Z08020 Debenture?
The INE973Z08020 Debenture is issued by Gosree Finance Limited, a Private Sector company.
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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.
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