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11% UTKARSH SMALL FINANCE BANK LIMITED 2029

INE735W08053
Rating Agency Rating
ICRA A+ Stable

Issuer's Type

Private Bank

About Issuer:

Utkarsh Small Finance Bank Limited (USFBL),(NSE/BSE UTKARSHBNK) incorporated on April 30, 2016, is engaged in providing banking and financial services with a focus on providing microfinance to the underserved and unserved sections of the country. The Bank

Issuer's Link

https://www.utkarsh.bank/

Issuer's Financial Link

https://www.utkarsh.bank/annual-report/


A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Issuer

UTKARSH SMALL FINANCE BANK LIMITED

Issuer Type

Private Bank

Face Value

100,000.00

Coupon Rate

11.00% (Fix)

Issue Date

28/Jun/2024

Maturity Date

05/Oct/2029

Issue Size (in Crores)

200.00

Tax Free

Yes

TDS on Interest

Yes

Call Option

28/Jun/2029

Put Option

N.A.

Govt. Guarantee

Yes

Security

Unsecured


Name of Debenture Trustee

Catalyst Trusteeship Limited


Remarks

Yield is calculated up to call date i.e. YTC (Yield to Call). Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.


Issuer
UTKARSH SMALL FINANCE BANK LIMITED
Principal Amount
300,000.00
Yield (YTM)
11%
Maturity Date
05-10-2029
Settlement Amount
333,000.00
ISIN No.
INE735W08053