Security Name: 13.40% Kinara Capital Private Limited 15 Jan 2030
ISIN:
INE200W08124
Taxable
Tax Category
15 Jan, 2030
Maturity Date
(4 Yr 8 Mo 18 D to mature)
Monthly
Interest Payment Frequency
Yes
NRI Eligibility
15 Oct, 2024
Allotment Date
NA
Put Date
15 May, 2025
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
Quote Not Available
Dirty Price
13.4%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
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
Kinara Capital Private Limited
Kinara Capital Private Limited (erstwhile Visage Holdings and Finance Private Limited) was incorporated in New Delhi in 1996 and registered as an NBFC and obtained the certificate of registration from the Reserve Bank of India (RBI) on March 23, 2000. The company operates with five products, long-term working capital, short-term working capital, asset purchase, LAP, and bill discounting. Of these, long-term working capital is the company’s major product. In June 2023, the name of the Company was changed from “Visage Holdings and Finance Private Limited” to “Kinara Capital Private Limited”.
The ratio in FY24 is 5.85x and it was 6.69x in FY23, indicating decrease in the debt level due to significant increase in the profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 1.30x and it was 1.30x in FY23, indicating no changes in the debt servicing ability of the issuer in FY24.
Interest coverage ratio
Recent News
Kinara Capital Bags $24.4 Mn Debt Funding From Impact Investment Exchange, BlueOrchard
Sep 10, 2024 | Kinara Capital Private Limited
Kinara Capital releases FY24 financial year results; records 9th consecutive year of profitability
Sep 17, 2024 | Kinara Capital Private Limited
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PAN Card
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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 INE200W08124 |
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| 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). |
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| Security Name |
|---|
| 13.40% Kinara Capital Private Limited 15 Jan 2030 |
| Credit Rating |
|---|
| BBB+/ Negative by CARE |
| Coupon Frequency |
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| Monthly |
| Face Value |
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| ₹1,00,000 |
| Coupon |
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| 13.400000% |
| YTM or YTC |
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| YTM |
| Maturity Date |
|---|
| 15/01/2030 |
| Security |
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| Unsecured Subordinated Tier 2 |
| No. of Bonds |
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| 1 |
| Settlement Date |
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| Principal Amount |
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| ₹NaN |
| Accrued Interest |
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| ₹NaN |
| Stamp Duty |
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| ₹0 |
| Total Amount Payable |
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| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
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.
