Save Microfinance Private Limited
ACTIVE
ISIN: INE0JAH08037
Issuer Details
Issuer Name
SAVE MICROFINANCE PRIVATE LI...
Type of Issuer
Non PSU
Sector
Financial Services
Coupon Rate
14.7%
Industry
Finance
Issuer nature
Other
Corporate Identity Number (CIN)
U65929DL2016PTC304877
Name of the Lead Manager
-
Registrar
-
Name of Debenture Trustee
Catalyst Trusteeship Limited...
Instrument Details
Instrument name as on NSDL
14.7% UNSECURED RATED UNLIST...
Face Value (in ₹)
1000000
Total Issue size( in ₹ Cr.)
10
Category of Instrument
PLAIN VANILLA DEBENTURES
Allotment Date
27-03-2024
Redemption Date
15-03-2027
Whether Secured or Unsecured
Unsecured
Put Option Date
-
Call Option Date
-
Seniority in Repayment
Senior
Cash Flow Schedule
Cash Flow Event
Record Date
Interest
09-04-2024
Interest
09-05-2024
Interest
09-06-2024
Interest
09-07-2024
Interest
09-08-2024
Interest
09-09-2024
Interest
09-10-2024
Interest
09-11-2024
Interest
09-12-2024
Interest
09-01-2025
Interest
09-02-2025
Interest
09-03-2025
Interest
09-04-2025
Interest
09-05-2025
Interest
09-06-2025
Interest
09-07-2025
Interest
09-08-2025
Redemption
09-09-2025
Interest
09-09-2025
Interest
09-10-2025
Interest
09-11-2025
Interest
09-12-2025
Interest
09-01-2026
Interest
09-02-2026
Interest
09-03-2026
Redemption
09-03-2026
Interest
09-04-2026
Interest
09-05-2026
Interest
09-06-2026
Interest
09-07-2026
Interest
09-08-2026
Interest
09-09-2026
Interest
09-10-2026
Interest
09-11-2026
Interest
09-12-2026
Interest
09-01-2027
Interest
09-02-2027
Interest
09-03-2027
Redemption
09-03-2027
Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.
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SAVE MICROFINANCE PRIVATE LIMITED
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SAVE MICROFINANCE PRIVATE LIMITED
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About Save Microfinance Private Limited bond with ISIN: INE0JAH08037
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 INE0JAH08037, represents a significant financial instrument. Issued by SAVE MICROFINANCE PRIVATE LIMITED, it comes with the following description: "14.7% UNSECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 15/03/2027". 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, SAVE MICROFINANCE PRIVATE 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) U65929DL2016PTC304877 further bolster its credibility. With a coupon rate of 14.7, this instrument has been meticulously managed with the assistance of N/A and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 10. It was allotted on 3/27/2024 and is scheduled for redemption on 3/15/2027. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Unsecured, 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. The bond carries a credit rating of BBB as provided by CARE RATINGS LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB is generally considered to be on the riskier end of the spectrum. 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: No specific asset cover description available. – 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. The bond is supported by a variety of documents including CARE RATINGS LIMITED_09-09-2024. 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 INE0JAH07013 having a coupon rate of INDEX LINKED and the bond with ISIN INE0JAH08029 having a coupon rate of 14.7% and the bond with ISIN INE0JAH07104 having a coupon rate of 6 monthly VCL index current and the bond with ISIN INE0JAH07096 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.