13 DAR CREDIT & CAPITAL LTD 24MAR2029
Fixed Income > Top Picks by Sovereign Global
13 DAR CREDIT & CAPITAL LTD 24MAR2029
ISIN: INE04Q907173
13.00% | SENIOR Secured | Private Placement | Maturity 24 Mar 2029
Issue Highlights
Coupon Rate
13.00%
Highest Credit Rating
BBB-
Interest Payment Frequency
Monthly
Maturity Date
24 Mar 2029
Face Value
₹ 1,00,000
Rank
Senior Secured
Taxable
Yes
Guaranteed
–
Covenants
Call Option
No
Call Date
–
Put Option
No
Put Date
–
Risk Factors
Secured
Yes
Seniority in repayments by Issuer
Senior
Asset Coverage
Principal
Asset Coverage %
110
Asset Coverage Remarks
Security cover shall be maintained at 1.1x (one point one times) on the amounts outstanding under the Debentures where atleast 1.1 times or 110% of the security cover is from principal receivables.
Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.
Issue Details
Issue Date
24 Mar 2026
Issue Size
₹ 6 Crore
Mode of Issue
Private Placement
Listed
Yes
Trustee
Mitcon Trusteeship Services Limited
Registrar
KFIN TECHNOLOGIES PRIVATE LIMITED
Bonds Calculator
-
What is my risk?
Repayment Priority
Higher the level, higher the priority of investment repayment on default
–
Security with Collateral?
An investment secured with collateral helps
–
Type of Guarantee
Guarantee of investment by third-party if company defaults
–
What other details I need to know?
Other Information
Coupon Type
Fixed
Next Coupon Date
24 Sept 2026
Previous Coupon Date
24 Aug 2026
Day Count Convention
Act/Act
Shut Period
15
Step Up Details
None
Step Down Details
None
Maturity Type
Single
Cash Flow
| Payment Date | Record Date | Coupon | Principal | Total |
|---|---|---|---|---|
| Coming Soon | ||||
Credit Rating
Credit Rating
BBB-
Credit Agency
CARE
Credit Outlook
STABLE
Date of Rating
20 May 2026
Download Documents
Rating RationaleCredit Rating
BBB-
Credit Agency
CARE
Credit Outlook
STABLE
Date of Rating
06 Jan 2026
