Security Name: 7.28% SBI Global Factors Limited 28 Jul 2031
ISIN:
INE912E08AE7
Taxable
Tax Category
28 Jul, 2031
Maturity Date
(6 Yr 2 Mo 26 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Jul, 2021
Allotment Date
NA
Put Date
28 Jul, 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
Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
7.28%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
13 Jul, 2025
Record Date
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
SBI Global Factors Limited
SBI Global Factors Ltd (SBIGFL), a subsidiary of State Bank of India, is a NBFC regulated by the Reserve Bank of India. SBIGFL provides Domestic and Export Factoring services under one roof. It is headquartered in Mumbai with 09 Branches across India. SBIGFL aims to be India's premier factoring company.
The ratio in FY24 is 11.96x and it was 9.09x in FY23, indicating adequate debt levels as there was an increase in debt and borrowings of the issuer.
Debt/EBITDA
The ratio in FY24 is 1.68x and it was 2.05x in FY23 indicating decrease in debt servicing ability, as there was a slight increase in finance cost and dip in profitability, due to which interest costs were on the rise.
Interest coverage ratio
Recent News
SBI acquires 100 pc stake in SBI Global Factors
Jun 01, 2023 | SBI Global Factors Limited
CredAble & SBI Global Factors forms strategic alliance to boost tech-driven advances in supply chain finance
Apr 26, 2024 | SBI Global Factors Limited
SBI Global Factors standalone net profit declines 22.95% in the September 2024 quarter
Dec 02, 2024 | SBI Global Factors Limited
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STEPS TO BUY THIS BOND
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PAN Card
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Aadhaar Card
Demat Account Proof
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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 INE912E08AE7 |
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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 |
|---|
| 7.28% SBI Global Factors Limited 28 Jul 2031 |
| Credit Rating |
|---|
| AAA Stable by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,00,00,000 |
| Coupon |
|---|
| 7.280000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 28/07/2031 |
| Security |
|---|
| Unsecured Subordinated Tier 2 |
| No. of Bonds |
|---|
| 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.
