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11.20% Namra Finance Limited - A Rated (INE229U07061)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE229U07061
Face value
₹1,000
Coupon rate
11.20%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
22.2654
Instrument Type
Debenture
Returns
High
Date of Issue
11 Mar 2022
Maturity Date
03 Nov 2027
Perpetual
Yes
Listing Status
Unlisted
Rating status
A- (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
NAMRA FINANCE LIMITED 11.20 NCD 11MR27 FVRS1000
Namra Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE229U07061, with a face value of ₹1,000 rs on 11Mar22 to raise 22.2654 crores. The debt instrument
is issued with a coupon rate of 11.20% 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 Secured
Debenture is 11.20% SECURED UNLISTED RATED REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURE . DATE OF MATURITY 11/03/2027. 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 A- rating to
this Debenture on 11Mar22. 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
11-Mar-22 : Your investment
₹5,600
11-Sep-22 : Interest
₹5,600
11-Mar-23 : Interest
₹5,600
11-Sep-23 : Interest
₹5,600
11-Mar-24 : Interest
₹5,600
11-Sep-24 : Interest
₹5,600
11-Mar-25 : Interest
₹5,600
11-Sep-25 : Interest
₹5,600
11-Mar-26 : Interest
₹5,600
11-Sep-26 : Interest
₹5,600
11-Mar-27 : Interest
₹5,600
11-Sep-27 : Interest
₹1,61,600
03-Nov-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹61,600)
Summary
Instrument Attributes
Value
Coupon Rate
11.20%
Returns
High
Bond Rating
A-
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Ahmedabad
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Namra Finance Limited
FAQs about INE229U07061 issued by Namra Finance Limited
What is the instrument name of INE229U07061 ISIN?
The instrument name of INE229U07061 ISIN is NAMRA FINANCE LIMITED 11.20 NCD 11MR27 FVRS1000.
How frequently is the interest paid on INE229U07061 bond issued by Namra Finance Limited?
The interest earned from INE229U07061 bond issued by Namra Finance Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE229U07061 bond issued by Namra Finance Limited?
This INE229U07061 bond issued by Namra Finance Limited has been assigned a credit rating of A- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE229U07061 bond issued by Namra Finance Limited?
This Debenture offers a coupon rate of 11.2%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE229U07061 Debenture?
The INE229U07061 Debenture is issued by Namra 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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