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Instrument Details

ISIN: INE103G08016

Face value

₹10,00,000

Coupon rate

9.60%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Bond

Returns

High

Date of Issue

18 May 2012

Maturity Date

18 May 2022

Perpetual

Yes

Listing Status

Listed

Rating status

A-(CE) (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RAJASTHAN FINANCIAL CORPORATION SR-I 9.60 LOA 18MY22 FVRS10LAC
Rajasthan Financial Corporation, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE103G08016, with a face value of ₹10,00,000 rs on 18May12 to raise 100 crores. The debt instrument is issued with a coupon rate of 9.60% 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 Bond is 9.60% REDEEMABLE, NON CONVERTIBLE, TAXABLE, UNSECURED, GOVT GUARANTEED BONDS 2012 - 13 (SERIES I) IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 18/05/2022.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 05Jun12. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given A-(CE) rating to this Bond on 19Apr12. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-(CE)
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Date Verified
31 Dec 2019
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Outlook
Stable
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Seniority in Repayment
None
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
18-May-12 : Your investment
₹48,00,000
18-Nov-12 : Interest
₹48,00,000
18-May-13 : Interest
₹48,00,000
18-Nov-13 : Interest
₹48,00,000
18-May-14 : Interest
₹48,00,000
18-Nov-14 : Interest
₹48,00,000
18-May-15 : Interest
₹48,00,000
18-Nov-15 : Interest
₹48,00,000
18-May-16 : Interest
₹48,00,000
18-Nov-16 : Interest
₹48,00,000
18-May-17 : Interest
₹48,00,000
18-Nov-17 : Interest
₹48,00,000
18-May-18 : Interest
₹48,00,000
18-Nov-18 : Interest
₹48,00,000
18-May-19 : Interest
₹48,00,000
18-Nov-19 : Interest
₹48,00,000
18-May-20 : Interest
₹48,00,000
18-Nov-20 : Interest
₹48,00,000
18-May-21 : Interest
₹48,00,000
18-Nov-21 : Interest
₹48,00,000
18-May-22 : Interest
₹19,60,00,000
18-May-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,60,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.60%

Returns

High

Bond Rating

A-(CE)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE103G08016 issued by Rajasthan Financial Corporation

The instrument name of INE103G08016 ISIN is RAJASTHAN FINANCIAL CORPORATION SR-I 9.60 LOA 18MY22 FVRS10LAC.
The interest earned from INE103G08016 bond issued by Rajasthan Financial Corporation is paid Semi Annually, ensuring regular and consistent income for investors.
This INE103G08016 bond issued by Rajasthan Financial Corporation has been assigned a credit rating of A-(CE) by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.6%, which determines the periodic interest payments made to bondholders.
The INE103G08016 Bond is issued by Rajasthan Financial Corporation, a PSU company.
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