BOND DETAILS

Asirvad Micro Finance Limited 11.25% Bond · 31 Mar 2029

INE516Q08414UnsecuredReported as listed
Annual coupon rate11.25%On face value · not yield
Maturity date31 Mar 2029
2.5 years left
Face value per bond₹1,00,000Not a market price or minimum order
Credit rating
AA-CRISIL RATINGS LIMITED · 28 Feb 2023

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹1,00,000
Allotment date
31 Mar 2023
Security
Unsecured
Seniority
Subordinate Tier 2
Day-count convention
Actual/actual
Reported tax category
Taxable

Interest & repayment

Interest payments

Once a year

Redemption terms

Full Redemption

Call provisions

Call terms are not available. Check whether the issuer can repay the bond early.

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
CRISIL RATINGS LIMITEDAA-28 Feb 2023Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Asirvad Micro Finance Limited
ISIN
INE516Q08414
Debenture trustee
Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)
Registrar
Link Intime India Private Limited,Mumbai
NSE · reported status
To be listed
BSE · reported status
Listed
Security name
ASIRVAD MICRO FINANCE LIMITED 11.25 NCD 31MR29 FVRS1LAC
Bond description
11.25% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 31/03/2029