12.06% FINSTARS CAPITAL LIMITED 30-AUG-2029 (SERIES II 2024-25 - SECURED NCD)

FINSTARS CAPITAL LIMITED

INE08XA07045

I.M

Term Sheet

Bond Detail

Bond's Rating

Rating Agency	Rating	Remarks	Rating Rationale

Face Value
100000.0000

Coupon Rate
12.06%

Issue Date
30 Aug 2024

Maturity Date
30 Aug 2029

Remainig Period
3 y -3 m 24 d

Tax Free
No

Int. Payment Type
Simple

Int. Frequency
Monthly

TDS on Interest
Yes

Call Option

Put Option

Govt. Guarantee
No

Listing
Yes

Yield to Maturity
12.50%

Mode of Issue
Private

Coupon Type
Fixed Interest_1 LAKH

IP Dates
Last Day of Every Month

Multiple Quantum

Available Quantity
9

Security
Secured

Seniority Repay
Senior

Registrar Details

Issue Details

Issue Size
0.00 Crores

Business Sector

Ownership
NONPSU

Debenture Trustee
Beacon Trusteeship Ltd

Key Highlights

Listed on BSE.
Established Legacy – Incorporated in 1989, FCL has a long operating history in the financial services sector
Sunrise Group Backing – Since 2017, the company has been part of the Sunrise Group, supporting the group’s diversification into financial services.
Secured Lending Focus – Primarily offers secured credit facilities, providing financing against suitable collateral.
SME-Focused Portfolio – Caters mainly to Small and Medium Enterprises, addressing their business funding requirements.
Growth & Working Capital Finance – Provides structured financing solutions to help SMEs manage working capital and support business expansion.

Credit Ratings

Low SafetyHigh Safety

About Issuer

FINSTARS CAPITAL LIMITED

Finstars Capital Limited (FCL) is an RBI-registered NBFC, incorporated in 1989 and acquired by the Sunrise Group in 2017. The company primarily provides secured financing solutions to SMEs for their growth and working capital needs.

Remarks

As per Section 193 of the Income-tax Act, 1961 (effective 1 April 2023), TDS at the applicable rate (currently 10%, or as notified) shall be deducted on interest payable on company-issued securities, except Government securities. The securities displayed are for informational purposes only and do not constitute investment advice or a recommendation to invest. Prices, yields, and availability are subject to market conditions, applicable cut-off timings, and regulatory guidelines governing Online

Investments in debt securities are subject to risks. Read all the offer related documents carefully.