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14% Ikf Finance Limited - A Rated (INE859C08061)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE859C08061
Face value
₹1,00,000
Coupon rate
14%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
20
Instrument Type
Debenture
Returns
High
Date of Issue
02 Mar 2020
Maturity Date
09 Feb 2025
Perpetual
Yes
Listing Status
Unlisted
Rating status
A (BRICKWORK Ratings)
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
IKF FINANCE LIMITED 14 NCD 02SP25 FVRS1LAC
Ikf Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE859C08061, with a face value of ₹1,00,000 rs on 02Mar20 to raise 20 crores. The debt instrument
is issued with a coupon rate of 14% and its interest is paid
Monthly. 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 14% UNSECURED UNLISTED RATED SUBORDINATED TAXABLE TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 02/09/2025. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given A rating to
this Debenture on 28Jan20. This issuer is formerly known as IKF FINANCE & INVESTMENTS LTD. 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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000
Cashflow
₹1,00,00,000
02-Mar-20 : Your investment
₹1,16,666
02-Apr-20 : Interest
₹1,16,666
02-May-20 : Interest
₹1,16,666
02-Jun-20 : Interest
₹1,16,666
02-Jul-20 : Interest
₹1,16,666
02-Aug-20 : Interest
₹1,16,666
02-Sep-20 : Interest
₹1,16,666
02-Oct-20 : Interest
₹1,16,666
02-Nov-20 : Interest
₹1,16,666
02-Dec-20 : Interest
₹1,16,666
02-Jan-21 : Interest
₹1,16,666
02-Feb-21 : Interest
₹1,16,666
02-Mar-21 : Interest
₹1,16,666
02-Apr-21 : Interest
₹1,16,666
02-May-21 : Interest
₹1,16,666
02-Jun-21 : Interest
₹1,16,666
02-Jul-21 : Interest
₹1,16,666
02-Aug-21 : Interest
₹1,16,666
02-Sep-21 : Interest
₹1,16,666
02-Oct-21 : Interest
₹1,16,666
02-Nov-21 : Interest
₹1,16,666
02-Dec-21 : Interest
₹1,16,666
02-Jan-22 : Interest
₹1,16,666
02-Feb-22 : Interest
₹1,16,666
02-Mar-22 : Interest
₹1,16,666
02-Apr-22 : Interest
₹1,16,666
02-May-22 : Interest
₹1,16,666
02-Jun-22 : Interest
₹1,16,666
02-Jul-22 : Interest
₹1,16,666
02-Aug-22 : Interest
₹1,16,666
02-Sep-22 : Interest
₹1,16,666
02-Oct-22 : Interest
₹1,16,666
02-Nov-22 : Interest
₹1,16,666
02-Dec-22 : Interest
₹1,16,666
02-Jan-23 : Interest
₹1,16,666
02-Feb-23 : Interest
₹1,16,666
02-Mar-23 : Interest
₹1,16,666
02-Apr-23 : Interest
₹1,16,666
02-May-23 : Interest
₹1,16,666
02-Jun-23 : Interest
₹1,16,666
02-Jul-23 : Interest
₹1,16,666
02-Aug-23 : Interest
₹1,16,666
02-Sep-23 : Interest
₹1,16,666
02-Oct-23 : Interest
₹1,16,666
02-Nov-23 : Interest
₹1,16,666
02-Dec-23 : Interest
₹1,16,666
02-Jan-24 : Interest
₹1,16,666
02-Feb-24 : Interest
₹1,16,666
02-Mar-24 : Interest
₹1,16,666
02-Apr-24 : Interest
₹1,16,666
02-May-24 : Interest
₹1,16,666
02-Jun-24 : Interest
₹1,16,666
02-Jul-24 : Interest
₹1,16,666
02-Aug-24 : Interest
₹1,16,666
02-Sep-24 : Interest
₹1,16,666
02-Oct-24 : Interest
₹1,16,666
02-Nov-24 : Interest
₹1,16,666
02-Dec-24 : Interest
₹1,16,666
02-Jan-25 : Interest
₹1,16,666
02-Feb-25 : Interest
₹29,166
09-Feb-25 : Interest
₹1,69,12,500
09-Feb-25 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹69,12,500)
Summary
Instrument Attributes
Value
Coupon Rate
14%
Returns
High
Bond Rating
A
Seniority in Repayment
Subordinate Tier 2
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Vijayawada
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Ikf Finance Limited
FAQs about INE859C08061 issued by Ikf Finance Limited
What is the instrument name of INE859C08061 ISIN?
The instrument name of INE859C08061 ISIN is IKF FINANCE LIMITED 14 NCD 02SP25 FVRS1LAC.
How frequently is the interest paid on INE859C08061 bond issued by Ikf Finance Limited?
The interest earned from INE859C08061 bond issued by Ikf Finance Limited is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE859C08061 bond issued by Ikf Finance Limited?
This INE859C08061 bond issued by Ikf Finance Limited has been assigned a credit rating of A by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE859C08061 bond issued by Ikf Finance Limited?
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE859C08061 Debenture?
The INE859C08061 Debenture is issued by Ikf 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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