SATYA MICROCAPITAL LIMITED
Satya Microcapital Limited is a non-banking financial company (NBFC) based in India, specializing in microfinance services. Established in 2008, Satya Microcapital provides collateral-free loans to small entrepreneurs, particularly in rural and underserved areas, empowering them to start or expand their businesses. The company focuses on promoting financial inclusion and socio-economic development by offering accessible and affordable financial solutions tailored to the needs of low-income individuals and microenterprises.
Bond Overview
Coupon Rate
13.85%
Monthly payments
Tenure
64m
Matures on 12 June 2029
Credit Rating
BBB+
Moderate Safety
Face Value
₹1,00,000
Min: ₹1,00,000
Issue Date
2 April 2024
Maturity Date
12 June 2029
Interest Payment
Monthly
Minimum Investment
₹1,00,000
ISIN
INE982X08109
Security Type
Unsecured
Repayment Priority
Subordinate 2
Yield to Maturity
14.10%
Market Value
₹99,862
Accrued Interest
₹-379.45
2 Apr 2024
2 Jul 2025
12 Jun 2029
Total Tenure
64 months
Time Elapsed
25%
Time Remaining
75%
Investment Summary
Returns Breakdown
Credit Rating Scale
BBB+ rating indicates adequate degree of safety regarding timely servicing of financial obligations.
Risk Assessment
This bond carries moderate risk and offers a balance between safety and returns.
This bond is backed by the issuer's creditworthiness
Collateral Information
Unsecured Bond
This bond is not backed by specific collateral but by the issuer's promise to pay and overall creditworthiness.
Repayment Source
Repayment depends on the issuer's cash flows and financial health rather than specific assets.
Repayment Priority: Subordinate 2
Priority Level
Subordinated bonds are paid after senior debt obligations in case of bankruptcy or liquidation.
Creditor Protection
Subordinated bondholders typically receive higher yields to compensate for the increased risk.
In case of default, the bond holders will be considered Subordinate 2 for payment.
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Min. quantity: 1 bonds (₹1,00,000)
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