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AML-11.25%-3-10-28-PVTAML-11.25%-3-10-28-PVTAML-11.25%-3-10-28-PVT

AML-11.25%-3-10-28-PVT

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Overview
Analysis

1125AML28 analysis


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Key facts


Issuer
Asirvad Micro Finance Ltd.
Issue date
Oct 3, 2022
Maturity date
Oct 3, 2028
Outstanding amount
‪1.00 B‬ INR
Face value
10,000,000.00 INR
Minimum denomination
10,000,000.00 INR
Coupon
11.25% (Fixed)
Asirvad Micro Finance Ltd. engages in the provision of microfinance loans to women from poor and low-income households. It caters to the following types of loans: income generation program loan (IGP), product loan, and small and medium enterprise (SME) loan. The company was founded by Sattanathapuram Venkataraman Raja Vaidyanathan on August 29, 2007 and is headquartered in Chennai, India.
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