11.70% Satya Microcapital Limited - BBB Rated (INE982X07176)

Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07176, with a face value of ₹10,00,000 rs on 12Aug21 to raise 80 crores. The debt instrument is issued with a coupon rate of 11.70% 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 11.70% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 12/08/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given BBB+ rating to this Debenture on 31Jul21. 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.