13.75% Satya Microcapital Limited - BBB Rated (INE982X07119)

Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07119, with a face value of ₹7 rs on 18Dec20 to raise 25 crores. The debt instrument is issued with a coupon rate of 13.75% 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 13.75% SECURED, RATED, UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/12/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB+ rating to this Debenture on 14May24. This issuer is formerly known as TFC FINVEST LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.