Arohan Financial Services Limited - INE808K07261

Microfinance

corporate

Coupon Rate
11.86%
Maturity Date
29 Jun 2027
ISIN
INE808K07261copy
Face Value
₹10,00,000
About Issue
This A- rated bond from Arohan Financial Services Limited, a corporate, offers a Fixed coupon of 11.8647% with maturity on 29 June 2027. Issued through the Private placement as under ISIN INE808K07261, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Key Attributes
Rating
[ICRA]A- (Positive)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
29 Jun 2022
Remaining Tenure
23M
Security Name
Arohan Financial Services, 11.8647% 29jun2027, INR
Risk Assessment
Credit Rating
Rating
[ICRA]A- (Positive)
Date of Rating
09 Nov 2023
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