Taxable
Tax Category
07 May, 2027
Maturity Date
(2 Yr 7 Mo 23 D to mature)
Quarterly
Interest Payment Frequency
No
NRI Eligibility
07 May, 2024
Allotment Date
NA
Put Date
07 Nov, 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
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
The history of TruCap Finance Limited parent, Wilson Group traces back up to pre-Independence India under the leadership of Shri Dwarkadas Jivanlal Sanghvi who pioneered the Wilson pens & stationery brand. TRU’s objective is to build ‘social capital’ by providing credit solutions to the large and underserved MSME segment in India. It stands by the belief that technology & capital can be employed to catalyse the growth journey of MSMEs. It can bring positive social impact by creating opportunities & supporting livelihoods through fostering talent and facilitating people to lead a more meaningful life.
The ratio in FY23 6.92x is as compared to 7.32x in FY22, indicating an improving ratio but there was significant increase in borrowings and subsequent increase in finance cost impacted EBITDA as it grew higher, and ratio decreased (there was no reduction but increase in debt).
Debt/EBITDA
The ratio in FY23 is 1.14x and in FY22 it was 1.44x ,indicating decrease in debt servicing ability of the issuer due to increase in finance cost due to significant increase in borrowings.
Interest coverage ratio
May 14, 2024 | TruCap Finance Limited
May 14, 2024 | TruCap Finance Limited
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Quote Not Available for purchase