Sk Finance Limited
Credit Rating
CRISIL A+
Face Value
₹10,00,000
Coupon Rate
10%
Taxability
Taxable
Issue Size
100.00Cr
Wint Wealth curatedWint Wealth's curation for Sk Finance Limited
Long Track Record
SK Finance has a vintage of over 25 years in the used vehicle finance segment.
Backed by Marquee Investors
SK Finance is backed by established investors like TPG Growth, Baring Private Equity India AIF, Norwest Venture Partners, IIFL etc.
Comfortable Capitalisation Profile
The NBFC is well capitalised with CRAR of 26.97% and Debt/Equity of 3.36x as on Sept 2022.
Bond Key Highlights
Allotment Date
31 Mar 2021
Maturity Date
02 Apr 2024
Interest repayment frequency
Annually
Issuer ownership
Non PSU
Seniority in repayment
Not Available
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
Why Wint Wealth?
50k+ Investors trust Wint Wealth
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Coupon Rate
11.25%(RBI REPO RATE 4.40%+CREDIT SPREAD 6.85%)%
Maturity
02 Jun 2023
