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Instrument Details

ISIN: INE896L07785

Face value

₹10,00,000

Coupon rate

10YR GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

25 Aug 2021

Maturity Date

23 Feb 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)

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

INDOSTAR CAPITAL FINANCE LIMITED SR XLV BR NCD 23FB24 FVRS10LAC
Indostar Capital Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE896L07785, with a face value of ₹10,00,000 rs on 25Aug21 to raise 100 crores. The debt instrument is issued with a coupon rate of 10YR GSEC LINKED 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 10YR GSEC LINKED SECURED RATED LISTED MARKET LINKED PRINCIPAL PROTECTED NON CONVERTIBLE DEBENTURE. SERIES XLV .DATE OF MATURITY 23/02/2024. 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. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 25Aug21. This issuer is formerly known as INDOSTAR CAPITAL FINANCE PRIVATE LIMITED, R V VYAPAAR 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
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10YR GSEC LINKED

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE896L07785 issued by Indostar Capital Finance Limited

The instrument name of INE896L07785 ISIN is INDOSTAR CAPITAL FINANCE LIMITED SR XLV BR NCD 23FB24 FVRS10LAC.
The interest earned from the INE896L07785 bond issued by Indostar Capital Finance Limited is paid at the time of maturity
This INE896L07785 bond issued by Indostar Capital 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.
The coupon rate of INE896L07785 bond issued by Indostar Capital Finance Limited is 10YR GSEC LINKED.
The INE896L07785 Debenture is issued by Indostar Capital Finance Limited, a Private Sector company.
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