Berar Finance Limited
Secured
Listed
Private Issue
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Credit Rating
CARE BBB+
Face Value
₹10,00,000
YTM
12.55%
Coupon Rate
11.5%
Taxability
Taxable
Issue Size
30.00Cr
Wint Wealth curatedWint Wealth's curation for Berar Finance Limited
Bond Key Highlights
Allotment Date
16 Sep 2022
Maturity Date
16 Mar 2025
Interest repayment frequency
Monthly
Issuer ownership
Non PSU
Seniority in repayment
Senior
Other ratings
Not Available
How to know if a bond is right for you?
Evaluate a bond using the P3L2R framework designed by experts at Wint Wealth with these factors:
Promoters/Equity Investors
Presence of institutional investor
Portfolio Quality (GNPA)
Less than 5% GNPA
Profitability
Company should have reported profit for latest financial year
Leverage
Leverage should be less than 5x
Lenders
Diversified lender base
Rating
No downgrade in rating in last 12 months
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FAQs on Berar Finance Limited
What is the coupon rate on the Berar Finance Limited Bond?
The bond's coupon rate is 11.5%.
How frequently is the interest paid on Berar Finance Limited Bond?
The interest earned from this Bond is paid Monthly.
What is the credit rating of the Berar Finance Limited Bond?
The bond has been assigned a credit rating of CARE BBB+ which reflects the issuer's creditworthiness and the likelihood of default.
What is the ISIN number of the Berar Finance Limited Bond?
The ISIN number for Berar Finance Limited is INE998Y07139.