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Instrument Details

ISIN: INE514Q07155

Face value

₹10,00,000

Coupon rate

12.43%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

28.2

Instrument Type

Debenture

Returns

High

Date of Issue

03 Apr 2020

Maturity Date

04 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PAHAL FINANCIAL SERVICES PRIVATE LIMITED SR PFSPL 12.4320 NCD 03AP23 FVRS10LAC
Pahal Financial Services Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE514Q07155, with a face value of ₹10,00,000 rs on 03Apr20 to raise 28.2 crores. The debt instrument is issued with a coupon rate of 12.43% 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 12.4320% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 03/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 05Jun20. ICRA LIMITED has given BBB- rating to this Debenture on 08Mar24. This issuer is formerly known as KELKAR LEASING COMPANY 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
BBB
Moderately Safe
BBB-
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Date Verified
11 Mar 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
03-Apr-20 : Your investment
₹62,15,000
03-Oct-20 : Interest
₹62,15,000
03-Apr-21 : Interest
₹62,15,000
03-Oct-21 : Interest
₹62,15,000
03-Apr-22 : Interest
₹62,15,000
03-Oct-22 : Interest
₹25,89,583
04-Mar-23 : Interest
₹13,36,64,583
04-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,36,64,583)

Summary

Instrument Attributes

Value

Coupon Rate

12.43%

Returns

High

Bond Rating

BBB-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE514Q07155 issued by Pahal Financial Services Private Limited

The instrument name of INE514Q07155 ISIN is PAHAL FINANCIAL SERVICES PRIVATE LIMITED SR PFSPL 12.4320 NCD 03AP23 FVRS10LAC.
The interest earned from INE514Q07155 bond issued by Pahal Financial Services Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE514Q07155 bond issued by Pahal Financial Services Private Limited has been assigned a credit rating of BBB- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.43%, which determines the periodic interest payments made to bondholders.
The INE514Q07155 Debenture is issued by Pahal Financial Services Private Limited, a Private Sector company.
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