Taxable
Tax Category
27 Dec, 2026
Maturity Date
(2 Yr 21 D to mature)
Quarterly
Interest Payment Frequency
Yes
NRI Eligibility
27 Dec, 2023
Allotment Date
NA
Put Date
27 Dec, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
9.3%
Coupon
Fixed Interest
Coupon Basis
NaN%
Current Yield
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
Arka was founded in 2018, is a customer-focused, digitally enabled systemically important NBFC. They provide secured and unsecured financing solutions to MSMEs, SMEs, developers, and corporates.
The ratio in FY24 is 8.85x and it was 10.79x in FY23, indicating decrease in debt levels, due to increase in the profitability in FY24.
Debt/EBITDA
The ratio in FY24 is 1.30x and it was 1.42x in FY23, indicating slight decrease in the debt servicing ability of the issuer due to increase in Interest expense on borrowings which led to overall increase in finance cost in FY24.
Interest coverage ratio
Mar 27, 2024 | Arka Fincap Limited
Jun 20, 2024 | Arka Fincap Limited
Jul 26, 2024 | Arka Fincap Limited
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BOND VALUE DETAILS
Quote Not Available for purchase
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.