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Instrument Details

ISIN: INE953L08329

Face value

₹2,27,270

Coupon rate

13.80%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

330

Instrument Type

Debenture

Returns

High

Date of Issue

22 Dec 2015

Maturity Date

07 Jul 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (INDIA 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

JANA SMALL FINANCE BANK LIMITED SR 23 13.80 NCD 07JL27 FVRS227272.727
Jana Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE953L08329, with a face value of ₹2,27,270 rs on 22Dec15 to raise 330 crores. The debt instrument is issued with a coupon rate of 13.80% and its interest is paid Semi Annually. 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 13.80% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 23. DATE OF MATURITY 07/07/2027.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 28Feb24. This issuer is formerly known as JANALAKSHMI FINANCIAL SERVICES LIMITED, JANALAKSHMI FINANCIAL SERVICES PRIVATE LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
29 Feb 2024
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹2,27,270
Lot Size
100
Minimum Investment
₹2,27,27,000

Cashflow

₹2,27,27,000
22-Dec-15 : Your investment
₹15,68,163
22-Jun-16 : Interest
₹15,68,163
22-Dec-16 : Interest
₹15,68,163
22-Jun-17 : Interest
₹15,68,163
22-Dec-17 : Interest
₹15,68,163
22-Jun-18 : Interest
₹15,68,163
22-Dec-18 : Interest
₹15,68,163
22-Jun-19 : Interest
₹15,68,163
22-Dec-19 : Interest
₹15,68,163
22-Jun-20 : Interest
₹15,68,163
22-Dec-20 : Interest
₹15,68,163
22-Jun-21 : Interest
₹15,68,163
22-Dec-21 : Interest
₹15,68,163
22-Jun-22 : Interest
₹15,68,163
22-Dec-22 : Interest
₹15,68,163
22-Jun-23 : Interest
₹15,68,163
22-Dec-23 : Interest
₹15,68,163
22-Jun-24 : Interest
₹15,68,163
22-Dec-24 : Interest
₹15,68,163
22-Jun-25 : Interest
₹15,68,163
22-Dec-25 : Interest
₹15,68,163
22-Jun-26 : Interest
₹15,68,163
22-Dec-26 : Interest
₹15,68,163
22-Jun-27 : Interest
₹5,87,94,749
07-Jul-27 : Maturity amount (Investment: ₹2,27,27,000, Interest earned: ₹3,60,67,749)

Summary

Instrument Attributes

Value

Coupon Rate

13.80%

Returns

High

Bond Rating

A-

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Bank
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE953L08329 issued by Jana Small Finance Bank Limited

The instrument name of INE953L08329 ISIN is JANA SMALL FINANCE BANK LIMITED SR 23 13.80 NCD 07JL27 FVRS227272.727.
The interest earned from INE953L08329 bond issued by Jana Small Finance Bank Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE953L08329 bond issued by Jana Small Finance Bank Limited has been assigned a credit rating of A- by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.8%, which determines the periodic interest payments made to bondholders.
The INE953L08329 Debenture is issued by Jana Small Finance Bank Limited, a Private Sector company.
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