11.10% ESAF SMALL FINANCE BANK LIMITED 2034

Information Memorandum (I.M.)
Term Sheet
INE818W08107
*(Eligible Investors - Individual,HUF,Corporate,Trust ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
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Issuer's Type

Private Bank

About Issuer :

ESAF Small Finance Bank (formerly known as ESAF Microfinance and Investments Pvt. Ltd.) is an Indian small finance bank providing banking services and small loans to the underbanked. It was founded as a small finance bank in March 2017. ESAF Microfinance started its operations as an NGO in 1992 as Evangelical Social Action Forum. Before becoming a bank, ESAF was a non-banking finance company and microfinance institution, licensed by the Reserve Bank of India and headquartered in Thrissur city of Kerala.

Issuer's Link

https://www.esafbank.com/

Issuer's Financial Link

https://www.esafbank.com/investor-relation/?id=annual-reports

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

Face Value

1,00,000.00

Coupon Rate

11.1000% (Fix)

Issue Date

29/Feb/2024

Maturity Date

28/Feb/2034

Remaining Period

9y 4m 21d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Annual

Issue Size (in Crores)

75.00

Max. Available Quantity

30

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/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.