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9.75% Vivardhana Microfinance Limited (INE02BB07166)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE02BB07166
Face value
₹50,000
Coupon rate
9.75%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
0.345
Instrument Type
Debenture
Returns
High
Date of Issue
24 Nov 2020
Maturity Date
24 Nov 2022
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
VIVARDHANA MICROFINANCE LIMITED SR V 9.75 LOA 24NV22 FVRS50000
Vivardhana Microfinance Limited, a Utilities company, has floated Debenture,
having ISIN value as INE02BB07166, with a face value of ₹50,000 rs on 24Nov20 to raise 0.345 crores. The debt instrument
is issued with a coupon rate of 9.75% and its interest is paid
Quarterly. 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 9.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES V/20-21. DATE OF MATURITY 24/11/2022. 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. 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)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹50,000
Lot Size
100
Minimum Investment
₹50,00,000
Cashflow
₹50,00,000
24-Nov-20 : Your investment
₹1,21,875
24-Feb-21 : Interest
₹1,21,875
24-May-21 : Interest
₹1,21,875
24-Aug-21 : Interest
₹1,21,875
24-Nov-21 : Interest
₹1,21,875
24-Feb-22 : Interest
₹1,21,875
24-May-22 : Interest
₹1,21,875
24-Aug-22 : Interest
₹1,21,875
24-Nov-22 : Interest
₹59,75,000
24-Nov-22 : Maturity amount (Investment: ₹50,00,000, Interest earned: ₹9,75,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.75%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Utilities
HEAD OFFICE
Chennai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
FAQs about INE02BB07166 issued by Vivardhana Microfinance Limited
What is the instrument name of INE02BB07166 ISIN?
The instrument name of INE02BB07166 ISIN is VIVARDHANA MICROFINANCE LIMITED SR V 9.75 LOA 24NV22 FVRS50000.
How frequently is the interest paid on INE02BB07166 bond issued by Vivardhana Microfinance Limited?
The interest earned from INE02BB07166 bond issued by Vivardhana Microfinance Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE02BB07166 bond issued by Vivardhana Microfinance Limited?
This INE02BB07166 bond issued by Vivardhana Microfinance Limited does not currently have an assigned credit rating
What is the coupon rate of INE02BB07166 bond issued by Vivardhana Microfinance Limited?
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE02BB07166 Debenture?
The INE02BB07166 Debenture is issued by Vivardhana Microfinance Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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