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| Issue Size (Base) | ₹50.00 Cr |
| Face Value | ₹1000 each NCD |
| Issue Price | ₹1000 per NCD |
| Market Lot | 1 NCD |
| Min Order Qty | 10 NCD |
| Min Order Amount | ₹10000 |
| Listing at | BSE |
| Tenor | 24, 36, 60 and 85 months |
| Credit Rating | [ICRA] BBB (Stable) by ICRA Limited. |
| Series | Series I to VII |
| Payment Frequency | Monthly and Cumulative |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,412.6 | 1,424.96 | 1,300.58 | 1,269.43 |
| Revenue | 162.33 | 206.74 | 191.94 | 181.35 |
| Profit After Tax | 12.09 | 16.03 | 12.81 | 9.85 |
| Net Worth | 195.37 | 189.79 | 178.85 | 170.95 |
| Amount in ₹ Crore | ||||
| # | Issue Objects |
|---|---|
| 1 | For the purpose of onward lending, financing, and for repayment/prepayment of principal and interest of existing borrowings (including redemption of NCDs which would become due for redemption) of the Company. |
| 2 | For general corporate purposes. |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | |
|---|---|---|---|---|---|---|---|
| Frequency of Interest Payment | Monthly | Cumulative | Monthly | Cumulative | Monthly | Cumulative | Cumulative |
| Nature | Secured | Secured | Secured | Secured | Secured | Secured | Secured |
| Tenor | 24 Months | 24 Months | 36 Months | 36 Months | 60 Months | 60 Months | 85 Months |
| Coupon (% per Annum) | 9% | NA | 9.25% | NA | 10.25% | NA | NA |
| Effective Yield (% per Annum) | 9% | 9.31% | 9.25% | 9.58% | 10.25% | 10.65% | 10.38% |
| Amount on Maturity (In Rs.) | Rs 1,000 | Rs 1,194.83 | Rs 1,000 | Rs 1,315.66 | Rs 1,000 | Rs 1,658.72 | Rs 2,013.13 |
The NCDs proposed to be issued by the company are rated [ICRA] BBB (Stable) by ICRA Limited (ICRA).
Sakthi Finance, a part of Sakthi Group, is a non-deposit-taking investment and credit company in India. The company mainly focuses on providing financing for pre-owned commercial vehicles. Additionally, it provides secured funding solutions for infrastructure construction equipment, multi-utility vehicles, cars, and other machinery.
Its target customers mainly include Small and Medium Road Transport Operators (SRTOs/MRTOs). It mainly operates in the Southern region in Tamil Nadu and Kerala. It has 54 branches in Tamil Nadu, Kerala, Andhra Pradesh, Maharashtra, Karnataka, and the Union Territory of Puducherry.
Apart from finance business segment, it is engaged in the business of the generation of power from windmills and sells it to Tamil Nadu Electricity Board and Gujarat Urja Vikas Nigam Ltd. Currently, it has 17 windmills with a total capacity of 5,150 KW.
As of December 31, 2024, it has an AUM (Asset Under Management) of Rs 1,27,023.87 lakh.
