Logo
Search Icon
Header BG

12.90% Electronica Finance Limited 26 Sept 2029

Copy icon
ISIN:
INE612U08058
Copy icon

card-bg

Taxable

Tax Category

card-bg

26 Sep, 2029

Maturity Date
(4 Yr 10 Mo 17 D to mature)

card-bg

Monthly

Interest Payment Frequency

card-bg

Yes

NRI Eligibility

card-bg

26 Mar, 2024

Allotment Date

card-bg

NA

Put Date

card-bg

30 Nov, 2024

Next Interest Payment Date

card-bg

6 days

Shut Period

card-bg

Both

Active on NSDL/CDSL

card-bg

Non-Guaranteed

Type of Guarantee

card-bg

No

Perpetual

card-bg

Private Placement

Mode of Issue

card-bg

Listed

Listing Details

card-bg

Non Public Sector Undertaking

Type of Issuer

card-bg

Quote Not Available

Dirty Price

YOUR EARNING
gray-flag icon
Your Investment

green-flag icon
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
Credit Rating
Low SafetyHigh Safety
A- Stable
IND
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
logo
Electronica Finance Limited

Pune-based EFL is a non-deposit taking NBFC engaged in asset financing since 1990. The company extends loans to MSME for various needs such as working capital, MF and industrial property financing. EFL also finances NBFCs/microfinance institutions and emerging enterprises. The company has a presence in tier 2 and tier 3 cities across 16 states and one union territory through 175 branches.

The ratio in FY24 is 6.24x and it was 8.36x in FY23. It indicates that the company’s debt level has decreased even though there is an increase in borrowings but there is an increase in profit due to which the issuer is able to maintain its profitability.

Info icon

Debt/EBITDA

The ratio is 1.44x and it was 1.47x in FY23,indicating slight decrease in the debt servicing ability of the issuer due to increase in the interest on borrowings which resulted in increase in the finance cost.

Info icon

Interest coverage ratio

Recent News
News Thumbnail
Swiss impact investor signs deal with Electronica Finance

Mar 27, 2024 | Electronica Finance Limited

News Thumbnail
Electronica Finance enters Telangana market to extend loans to MSMEs

Mar 27, 2024 | Electronica Finance Limited

Related Videos
Video ThumbnailPlay Button
What are Bonds?

From Basics to Brilliance: Unravelling the Concept of Bonds

Video ThumbnailPlay Button
Yield Curve

The yield curve is not just a graph, but a powerful economic indicator

STEPS TO BUY THIS BOND
Complete KYCe-KYC approval in just 5 minutes!Place your OrderSwipe right to buy this Bond.Transfer funds to ICCLUse Net Banking or visit your nearest branch.SettlementSit back and relax, while we deliver your Security!
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
At MaturityThe Issuer will return your principal and redeem the bond
Sell your bond anytimeYou can sell your bond anytime you want by reaching out to your Relationship Manager.
E-Book
To know more about the Bond and the issuer, download the Information Memorandum.
E-Book
To read about the reasons for the ratings assigned to the Bond, send a request for the Rating Rationale. You will receive an email shortly.
₹NaN
Price
%
Yield
Header BG
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

Still looking for assistance?