12.90% ELECTRONICA FINANCE LIMITED 2029

Information Memorandum (I.M.)
Term Sheet
INE612U08058
*(Eligible Investors - Individual,NRI,HUF,Corporate,Trust ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
INDIA RATING A- Stable - -

Issuer's Type

NBFC

About Issuer :

Electronica Finance Limited, incorporated in 1990, is a part of the SRP Electronica Group and a pioneer in the field of MSME Finance. MSME loans are the type of loans that provides business financing for expansion, working capital requirements, machines purchase, raw material purchase etc. Electronica Finance Limited is one of the leading Non-Banking Finance Companies (NBFC) that offers collateral-free loans to MSMEs and SMEs with quick processing and short disbursement time.

Issuer's Link

https://www.electronicafinance.com/

Issuer's Financial Link

https://www.electronicafinance.com/financials/

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

Face Value

1,00,000.00

Coupon Rate

12.9000% (Fix)

Issue Date

26/Mar/2024

Maturity Date

26/Sep/2029

Remaining Period

5y 4m 20d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Monthly

Issue Size (in Crores)

40.00

Max. Available Quantity

40

TDS on Interest

Yes

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Unsecured

Name of Debenture Trustee

Catalyst Trusteeship Limited

Remarks

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