0.00%Belstar Microfinance Limited 31 Oct 2024
ISIN:
INE443L07166
Taxable
Tax Category
31 Oct, 2024
Maturity Date
(21 D to mature)
None
Interest Payment Frequency
No
NRI Eligibility
31 Oct, 2022
Allotment Date
NA
Put Date
31 Oct, 2024
Next Interest Payment Date
0 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Belstar Microfinance Limited
BML was incorporated in January 1988 and registered with the RBI as a non-deposit-taking NBFC in March 2001. BML started its microfinance operations in April 2009 at the Haveri district of Karnataka. BML provides loans in the urban and semiurban districts under the SHG or joint liability group-based lending models. As on March 31, 2022, BML was operating with 729 branches in 186 districts.
The ratio in FY24 is 6.74x and it was 8.53x in FY23, indicating decreased debt levels, even though there is increase in debt as well as borrowing but still able to maintain profitability.
Debt/EBITDA
The ratio in FY24 is 1.76x and it was 1.46x in FY23, indicating increase in debt servicing ability due to increase in the profitability of the issuer.
Interest coverage ratio
Recent News
Muthoot Finance hikes stake to 59% in microfinance subsidiary for Rs 43 crore
Apr 01, 2024 | Belstar Microfinance Limited
Microfinance arm may hit IPO market in next 12 months
Apr 01, 2024 | Belstar Microfinance Limited
Related Videos
Lifecycle of a Bond
The journey through the various stages that define the lifespan of a bond.
Credit Rating
Discover why credit ratings are the key to unlocking doors in the financial world.
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹NaN
Price
%
Yield
Principal Amount
Accrued Interest from
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Total Investment
Quote Not Available for purchase
