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Instrument Details

ISIN: INE239Y07047

Face value

₹7,500

Coupon rate

13%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

10 Oct 2019

Maturity Date

10 Oct 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SHIKSHA FINANCIAL SERVICES INDIA (P) LIMITED SR E 13 NCD 10OT25 FVRS7500
Shiksha Financial Services India (p) Limited, a Finance company, has floated Debenture, having ISIN value as INE239Y07047, with a face value of ₹7,500 rs on 10Oct19 to raise 30 crores. The debt instrument is issued with a coupon rate of 13% 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% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES E. DATE OF MATURITY 10/10/2025. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
₹7,500
Lot Size
100
Minimum Investment
₹7,50,000

Cashflow

₹7,50,000
10-Oct-19 : Your investment
₹48,750
10-Apr-20 : Interest
₹48,750
10-Oct-20 : Interest
₹48,750
10-Apr-21 : Interest
₹48,750
10-Oct-21 : Interest
₹48,750
10-Apr-22 : Interest
₹48,750
10-Oct-22 : Interest
₹48,750
10-Apr-23 : Interest
₹48,750
10-Oct-23 : Interest
₹48,750
10-Apr-24 : Interest
₹48,750
10-Oct-24 : Interest
₹48,750
10-Apr-25 : Interest
₹48,750
10-Oct-25 : Interest
₹13,35,000
10-Oct-25 : Maturity amount (Investment: ₹7,50,000, Interest earned: ₹5,85,000)

Summary

Instrument Attributes

Value

Coupon Rate

13%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE239Y07047 issued by Shiksha Financial Services India (p) Limited

The instrument name of INE239Y07047 ISIN is SHIKSHA FINANCIAL SERVICES INDIA (P) LIMITED SR E 13 NCD 10OT25 FVRS7500.
The interest earned from INE239Y07047 bond issued by Shiksha Financial Services India (p) Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE239Y07047 bond issued by Shiksha Financial Services India (p) Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 13%, which determines the periodic interest payments made to bondholders.
The INE239Y07047 Debenture is issued by Shiksha Financial Services India (p) Limited, a Private Sector company.
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