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Instrument Details

ISIN: INE08E808017

Face value

₹10,00,000

Coupon rate

14.37%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

20 Mar 2019

Maturity Date

20 Apr 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CRISIL Ratings)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

SHRI RAM FINANCE CORPORATION PRIVATE LIMITED 14.37 LOA 20AP24 FVRS10LAC
Shri Ram Finance Corporation Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE08E808017, with a face value of ₹10,00,000 rs on 20Mar19 to raise 20 crores. The debt instrument is issued with a coupon rate of 14.37% 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 Unsecured Debenture is 14.37% UNSECURED SUBORDINATED TAXABLE UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 20/04/2024. 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 CRISIL RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 22Mar19. This issuer is formerly known as SHRI RAM AUTO LOAN PRIVATE LIMITED 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
check
Outlook
N/A
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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
20-Mar-19 : Your investment
₹11,97,500
20-Apr-19 : Interest
₹11,97,500
20-May-19 : Interest
₹11,97,500
20-Jun-19 : Interest
₹11,97,500
20-Jul-19 : Interest
₹11,97,500
20-Aug-19 : Interest
₹11,97,500
20-Sep-19 : Interest
₹11,97,500
20-Oct-19 : Interest
₹11,97,500
20-Nov-19 : Interest
₹11,97,500
20-Dec-19 : Interest
₹11,97,500
20-Jan-20 : Interest
₹11,97,500
20-Feb-20 : Interest
₹11,97,500
20-Mar-20 : Interest
₹11,97,500
20-Apr-20 : Interest
₹11,97,500
20-May-20 : Interest
₹11,97,500
20-Jun-20 : Interest
₹11,97,500
20-Jul-20 : Interest
₹11,97,500
20-Aug-20 : Interest
₹11,97,500
20-Sep-20 : Interest
₹11,97,500
20-Oct-20 : Interest
₹11,97,500
20-Nov-20 : Interest
₹11,97,500
20-Dec-20 : Interest
₹11,97,500
20-Jan-21 : Interest
₹11,97,500
20-Feb-21 : Interest
₹11,97,500
20-Mar-21 : Interest
₹11,97,500
20-Apr-21 : Interest
₹11,97,500
20-May-21 : Interest
₹11,97,500
20-Jun-21 : Interest
₹11,97,500
20-Jul-21 : Interest
₹11,97,500
20-Aug-21 : Interest
₹11,97,500
20-Sep-21 : Interest
₹11,97,500
20-Oct-21 : Interest
₹11,97,500
20-Nov-21 : Interest
₹11,97,500
20-Dec-21 : Interest
₹11,97,500
20-Jan-22 : Interest
₹11,97,500
20-Feb-22 : Interest
₹11,97,500
20-Mar-22 : Interest
₹11,97,500
20-Apr-22 : Interest
₹11,97,500
20-May-22 : Interest
₹11,97,500
20-Jun-22 : Interest
₹11,97,500
20-Jul-22 : Interest
₹11,97,500
20-Aug-22 : Interest
₹11,97,500
20-Sep-22 : Interest
₹11,97,500
20-Oct-22 : Interest
₹11,97,500
20-Nov-22 : Interest
₹11,97,500
20-Dec-22 : Interest
₹11,97,500
20-Jan-23 : Interest
₹11,97,500
20-Feb-23 : Interest
₹11,97,500
20-Mar-23 : Interest
₹11,97,500
20-Apr-23 : Interest
₹11,97,500
20-May-23 : Interest
₹11,97,500
20-Jun-23 : Interest
₹11,97,500
20-Jul-23 : Interest
₹11,97,500
20-Aug-23 : Interest
₹11,97,500
20-Sep-23 : Interest
₹11,97,500
20-Oct-23 : Interest
₹11,97,500
20-Nov-23 : Interest
₹11,97,500
20-Dec-23 : Interest
₹11,97,500
20-Jan-24 : Interest
₹11,97,500
20-Feb-24 : Interest
₹11,97,500
20-Mar-24 : Interest
₹11,97,500
20-Apr-24 : Interest
₹19,958
20-Apr-24 : Interest
₹17,30,67,458
20-Apr-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,30,67,458)

Summary

Instrument Attributes

Value

Coupon Rate

14.37%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE08E808017 issued by Shri Ram Finance Corporation Private Limited

The instrument name of INE08E808017 ISIN is SHRI RAM FINANCE CORPORATION PRIVATE LIMITED 14.37 LOA 20AP24 FVRS10LAC.
The interest earned from INE08E808017 bond issued by Shri Ram Finance Corporation Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE08E808017 bond issued by Shri Ram Finance Corporation Private Limited has been assigned a credit rating of WITHDRAWN by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14.37%, which determines the periodic interest payments made to bondholders.
The INE08E808017 Debenture is issued by Shri Ram Finance Corporation Private Limited, a Private Sector company.
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