Security Name: 10.75% Arka Fincap Limited 17 May 2029
ISIN: INE03W108023
Taxable
Tax Category
17 May, 2029
Maturity Date
(3 Yr 4 Mo 26 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
17 Nov, 2023
Allotment Date
NA
Put Date
31 Mar, 2026
Next Interest Payment Date
15 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
₹NaN
Dirty Price
10.75%
Coupon
Fixed Interest
Coupon Basis
10.3279%
Current Yield
16 Mar, 2026
Record Date
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
Arka Fincap Limited
Arka is a non-deposit-taking systemically important non-banking financial company (NBFC). It is promoted by the Kirloskar group and is a step-down subsidiary of KOEL. Arka was originally incorporated as Kirloskar Capital Ltd, however, the name was subsequently changed to Arka in August 2019. In January 2022, KOEL transferred its 99.41% stake in Arka to AFHPL (wholly owned subsidiary of KOEL) and the remaining stake was transferred in March 2022. Arka commenced its operations from April 2019. It has senior leadership and an experienced management team on board and has also put in place various policies for smooth operations of its business. Arka aims to build a loan book with a mix of corporate, real estate and SME/MSME segments.
The ratio in FY25 is 9.15x and it was 8.84x in FY24, indicating increase in debt level due to increase in the borrowings in FY25.
Debt/EBITDA
The ratio in FY25 is 1.24x and it was 1.30x in FY24, indicating slight decrease in the debt serving ability of the issuer due to increase in the interest expenses which led to overall increase in finance cost.
Interest coverage ratio
Recent News
Arka Fincap Ventures into Insurance Market
Jul 26, 2024 | Arka Fincap Limited
Arka Fincap launches loan service ‘Uday’ to serve MSMEs in smaller cities
Oct 08, 2024 | Arka Fincap Limited
Arka Fincap standalone net profit declines 77.10% in the March 2025 quarter
Aug 29, 2025 | Arka Fincap Limited
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Balancing Act: Understanding and Mitigating Risks in Bond Investing
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.
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BOND VALUE DETAILS
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Total Investment
| Cashflow for INE03W108023 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 10.75% Arka Fincap Limited 17 May 2029 |
| Credit Rating |
|---|
| AA Stable by CRISIL |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,000 |
| Coupon |
|---|
| 10.750000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 17/05/2029 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Dec 23,2025 |
| Principal Amount |
|---|
| ₹1,04,086.8 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹1,04,086.8 |
| Price |
|---|
| ₹104.0868 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
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