Taxable
Tax Category
30 Apr, 2025
Maturity Date
(9 Mo 2 D to mature)
Monthly
Interest Payment Frequency
No
NRI Eligibility
30 Dec, 2022
Allotment Date
NA
Put Date
28 Aug, 2024
Next Interest Payment Date
7 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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
Spandana Sphoorty Financial Limited was incorporated in 2003 as a NBFC and it took over the microfinance operations of Spandana, a non-governmental organisation started by Ms. Padmaja Reddy in 1998. The company was classified as a NBFC– microfinance institution in 2015.
The ratio in FY23 is 12.48x and it was 6.15x in FY22. This is due to; debt has increased more and also earnings went down drastically.
Debt/EBITDA
The ratio in FY23 is 1.04x and it was 2.7x in FY22, because of; the drastic dip in earnings and a bit of increase in interest cost.
Interest coverage ratio
Mar 26, 2024 | Spandana Sphoorty Financial Limited
Mar 26, 2024 | Spandana Sphoorty Financial Limited
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Quote Not Available for purchase