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11.86% Kanakadurga Finance Ltd (INE104W07138)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE104W07138
Face value
₹10,000
Coupon rate
11.86%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
15
Instrument Type
Debenture
Returns
High
Date of Issue
26 May 2022
Maturity Date
26 Nov 2023
Perpetual
Yes
Listing Status
Unlisted
Rating status
WITHDRAWN (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
KANAKADURGA FINANCE LTD 11.86 NCD 26NV23 FVRS10000
Kanakadurga Finance Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE104W07138, with a face value of ₹10,000 rs on 26May22 to raise 15 crores. The debt instrument
is issued with a coupon rate of 11.86% 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 Secured
Debenture is 11.86% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 26/11/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to
this Debenture on 26May22. This issuer is formerly known as KANADURGA LEASING AND FINANCE LTD, KANAKADURGA LEASING AND FINANCE PVT 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
₹10,000
Lot Size
100
Minimum Investment
₹10,00,000
Cashflow
₹10,00,000
26-May-22 : Your investment
₹9,883
26-Jun-22 : Interest
₹9,883
26-Jul-22 : Interest
₹9,883
26-Aug-22 : Interest
₹9,883
26-Sep-22 : Interest
₹9,883
26-Oct-22 : Interest
₹9,883
26-Nov-22 : Interest
₹9,883
26-Dec-22 : Interest
₹9,883
26-Jan-23 : Interest
₹9,883
26-Feb-23 : Interest
₹9,883
26-Mar-23 : Interest
₹9,883
26-Apr-23 : Interest
₹9,883
26-May-23 : Interest
₹9,883
26-Jun-23 : Interest
₹9,883
26-Jul-23 : Interest
₹9,883
26-Aug-23 : Interest
₹9,883
26-Sep-23 : Interest
₹9,883
26-Oct-23 : Interest
₹9,883
26-Nov-23 : Interest
₹11,77,899
26-Nov-23 : Maturity amount (Investment: ₹10,00,000, Interest earned: ₹1,77,899)
Summary
Instrument Attributes
Value
Coupon Rate
11.86%
Returns
High
Bond Rating
WITHDRAWN
Seniority in Repayment
None
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
FAQs about INE104W07138 issued by Kanakadurga Finance Ltd
What is the instrument name of INE104W07138 ISIN?
The instrument name of INE104W07138 ISIN is KANAKADURGA FINANCE LTD 11.86 NCD 26NV23 FVRS10000.
How frequently is the interest paid on INE104W07138 bond issued by Kanakadurga Finance Ltd?
The interest earned from INE104W07138 bond issued by Kanakadurga Finance Ltd is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE104W07138 bond issued by Kanakadurga Finance Ltd?
This INE104W07138 bond issued by Kanakadurga Finance Ltd has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE104W07138 bond issued by Kanakadurga Finance Ltd?
This Debenture offers a coupon rate of 11.86%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE104W07138 Debenture?
The INE104W07138 Debenture is issued by Kanakadurga Finance Ltd, 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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