11.61% Satya Microcapital Limited - BBB Rated (INE982X07259)

Satya Microcapital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE982X07259, with a face value of ₹8,57,140 rs on 23May22 to raise 20.5714286 crores. The debt instrument is issued with a coupon rate of 11.61% and its interest is paid Monthly. 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 11.61% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 23/02/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 26May22. Acuite Ratings And Research Limited has given BBB+ rating to this Debenture on 23Sep22. 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.