Asirvad Micro Finance Private Limited - INE516Q08331
Other Financial Institutions
corporate
Coupon Rate
11.90%
Maturity Date
26 Jun 2026
ISIN
INE516Q08331
Face Value
₹1,00,000
About Issuer
This AA- rated bond from Asirvad Micro Finance Private Limited, a corporate, offers a Fixed coupon of 11.9% with maturity on 26 June 2026. Issued through the Private placement as under ISIN INE516Q08331, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CRISIL AA- (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
26 Mar 2021
Remaining Tenure
10M
Security Name
ASIRVAD MICRO FINANCE LIMITED 11.90 NCD 26JU26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
17 Nov 2022
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