IndoStar Capital Finance Limited - INE896L07884
Microfinance
corporate
Coupon Rate
10.25%
Maturity Date
25 May 2026
ISIN
INE896L07884
Face Value
₹1,00,000
About Issuer
This AA- rated bond from IndoStar Capital Finance Limited, a corporate, offers a Floating coupon of 10.25% with maturity on 25 May 2026. Issued through the Private placement as under ISIN INE896L07884, 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
Quarterly
Principal Frequency
-
Coupon Type
Floating
Sector
corporate
Total Issue Size
-
Allotment Date
15 May 2023
Remaining Tenure
8M
Security Name
INDOSTAR CAPITAL FINANCE LIMITED SRIXTR2 10.25NCD25MY26 FVRS1LAC LOAUPTO14MY23
Risk Assessment
Credit Rating
Rating
CRISIL AA- (Stable)
Date of Rating
24 Sep 2024
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