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Instrument Details

ISIN: INE498W08033

Face value

₹100

Coupon rate

10.70%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

6.7987

Instrument Type

Debenture

Returns

High

Date of Issue

25 May 2017

Maturity Date

05 May 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

ABHA SOLARFARMS LIMITED 10.7 CCD 05MY27 FVRS100
Abha Solarfarms Limited, a Energy company, has floated Debenture, having ISIN value as INE498W08033, with a face value of ₹100 rs on 25May17 to raise 6.7987 crores. The debt instrument is issued with a coupon rate of 10.70% and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 10.7% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 05/05/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as ABHA SOLARFARMS PVT. LTD., SIROCCO WINDFRMS PVT. LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

10.70%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Energy
Head Office
HEAD OFFICE
Ahmedabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE498W08033 issued by Abha Solarfarms Limited

The instrument name of INE498W08033 ISIN is ABHA SOLARFARMS LIMITED 10.7 CCD 05MY27 FVRS100.
The interest earned from the INE498W08033 bond issued by Abha Solarfarms Limited is paid at the time of maturity
This INE498W08033 bond issued by Abha Solarfarms Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10.7%, which determines the periodic interest payments made to bondholders.
The INE498W08033 Debenture is issued by Abha Solarfarms Limited, a Private Sector company.
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