Choice Finserv Private Limited 11% 2027 Bond

ISININE04SE07095

CHOICE FINSERV PRIVATE LIMITED SR I 11 LOA 25JU27 FVRS5LAC

Choice Finserv Private Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 14 of its bonds.

Key terms

Issue date
25 Jun 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Series
I
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate
Issuer nature
NBFC

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

Acuité A- / StableIndia Ratings A- / Stable

A-most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

A-grade bonds are judged to have adequate-to-strong repayment capacity, but they are somewhat more exposed to adverse business or economic conditions than higher-rated bonds. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ACUITE A-/Stable;IND A-/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 11.45% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

12 scheduled payments through 25 Jun 2027; final payment ₹5,13,750 per bond.

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Available on Grip

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This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.