S M L Finance Limited
ACTIVE
ISIN: INE05LY07285
Issuer Details
Issuer Name
S M L FINANCE LIMITED
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
12.50%
Industry
Finance
Issuer nature
NBFC
Corporate Identity Number (CIN)
U65910KL1996PLC010648
Name of the Lead Manager
-
Registrar
Link Intime India Private Li...
Name of Debenture Trustee
-
Instrument Details
Instrument name as on NSDL
12.50% SECURED SENIOR UNRATE...
Face Value (in ₹)
1000
Total Issue size( in ₹ Cr.)
0.1565
Category of Instrument
-
Allotment Date
03-02-2020
Redemption Date
03-02-2030
Whether Secured or Unsecured
Secured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Subordinate Tier 1
Security Measures
Asset Coverage
-
Asset Percentage
-
Details of Asset Cover
HYPOTHECATION OF LOAN RECEIVABLES.
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About S M L Finance Limited bond with ISIN: INE05LY07285
In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE05LY07285, represents a significant financial instrument. Issued by S M L FINANCE LIMITED, it comes with the following description: "12.50% SECURED SENIOR UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES - 90 ANNUAL SCHEME. LETTER OF ALLOTMENT. DATE OF MATURITY 03/02/2030". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, S M L FINANCE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U65910KL1996PLC010648 further bolster its credibility. With a coupon rate of 12.50%, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of N/A, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000 with an issue size of 0.1565. It was allotted on 2/3/2020 and is scheduled for redemption on 2/3/2030. Categorized under "-" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. No credit rating information is available for this bond. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: HYPOTHECATION OF LOAN RECEIVABLES. – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. There are no additional documents available for this bond. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE05LY07350 having a coupon rate of 12% and the bond with ISIN INE05LY07095 having a coupon rate of 13% and the bond with ISIN INE05LY07160 having a coupon rate of 12% and the bond with ISIN INE05LY07194 having a coupon rate of 12.5%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.