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11.00%IIFL Samasta Finance Limited 18 May 2030

ISIN:
INE413U08093
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Taxable

Tax Category

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18 May, 2030

Maturity Date
(5 Yr 9 Mo 19 D to mature)

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Yearly

Interest Payment Frequency

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Yes

NRI Eligibility

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18 May, 2023

Allotment Date

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NA

Put Date

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18 May, 2025

Next Interest Payment Date

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15 days

Shut Period

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Both

Active on NSDL/CDSL

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Non-Guaranteed

Type of Guarantee

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No

Perpetual

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Private Placement

Mode of Issue

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Listed

Listing Details

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Non Public Sector Undertaking

Type of Issuer

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₹NaN

Dirty Price

YOUR EARNING
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Your Investment

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Final Payout

₹0

Year
Payment Schedule(Date)
Interest Payout(₹)
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Credit Rating
Low SafetyHigh Safety
AA -/Watch
CRISIL
Subordinated Tier 2

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Unsecured

Security with Collateral?

An investment secured with collateral helps

ISSUER
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IIFL Samasta Finance Limited

IIFL Samasta Finance Limited, an IIFL Group company, is a non-deposit taking NBFC, based out of Bengaluru, Karnataka, a microfinance Institution working for women’s economic empowerment. The company began its microfinance operation in 2008 and as on December 31, 2022, Samasta had a presence in 17 states, catering to more than 20 lakh customers through a network of 1,110 branches spread across 324 districts.

The ratio in FY23 is 8.9x and it was 11.09x in FY22, indicating a reduction in debt levels, due to improvement in earnings.

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Debt/EBITDA

The ratio in FY23 is 1.27x and it was 1.15x in FY22, indicating improvement in issuers debt service ability, due to increase in revenue and profits.

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Interest coverage ratio

Recent News
News Thumbnail
IIFL Samasta to raise funds up to ₹1,000 crore via bonds

Mar 27, 2024 | IIFL Samasta Finance Limited

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IIFL Finance To Invest Rs 200 Crore In Subsidiary

Mar 27, 2024 | IIFL Samasta Finance Limited

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How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
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To know more about the Bond and the issuer, download the Information Memorandum.
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₹100
Price
10.9731%
Yield
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BOND VALUE DETAILS

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