Asirvad Micro Finance Private Limited - INE516Q08398

Other Financial Institutions

corporate

Coupon Rate
11.25%
Maturity Date
03 Oct 2028
ISIN
INE516Q08398copy
Face Value
₹1,00,00,000
About Issue
This AA- rated bond from Asirvad Micro Finance Private Limited, a corporate, offers a Fixed coupon of 11.25% with maturity on 03 October 2028. Issued through the Private placement as under ISIN INE516Q08398, 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)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
03 Oct 2022
Remaining Tenure
3Y 3M
Security Name
ASIRVAD MICRO FINANCE LIMITED 11.25 NCD 03OT28 FVRS1CR
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
17 Nov 2022
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