Instrument Details

ISIN: INE967J08174

Face value

₹10

Coupon rate

16.70%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

16.917293

Instrument Type

Debenture

Returns

High

Date of Issue

30 Nov 2017

Maturity Date

31 Dec 2047

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

ARDENT PROPERTIES PRIVATE LIMITED TR-17 16.7 CCD 31DC47 FVRS10
Ardent Properties Private Limited, has floated Debenture, having ISIN value as INE967J08174, with a face value of ₹10 rs on 30Nov17 to raise 16.917293 crores. The debt instrument is issued with a coupon rate of 16.70% and its interest is paid Annually. 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 16.70% UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. TRANCHE 17. DATE OF CONVERSION 31/12/2047. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
30-Nov-17 : Your investment
₹167
30-Nov-18 : Interest
₹167
30-Nov-19 : Interest
₹167
30-Nov-20 : Interest
₹167
30-Nov-21 : Interest
₹167
30-Nov-22 : Interest
₹167
30-Nov-23 : Interest
₹167
30-Nov-24 : Interest
₹167
30-Nov-25 : Interest
₹167
30-Nov-26 : Interest
₹167
30-Nov-27 : Interest
₹167
30-Nov-28 : Interest
₹167
30-Nov-29 : Interest
₹167
30-Nov-30 : Interest
₹167
30-Nov-31 : Interest
₹167
30-Nov-32 : Interest
₹167
30-Nov-33 : Interest
₹167
30-Nov-34 : Interest
₹167
30-Nov-35 : Interest
₹167
30-Nov-36 : Interest
₹167
30-Nov-37 : Interest
₹167
30-Nov-38 : Interest
₹167
30-Nov-39 : Interest
₹167
30-Nov-40 : Interest
₹167
30-Nov-41 : Interest
₹167
30-Nov-42 : Interest
₹167
30-Nov-43 : Interest
₹167
30-Nov-44 : Interest
₹167
30-Nov-45 : Interest
₹167
30-Nov-46 : Interest
₹167
30-Nov-47 : Interest
₹6,010
31-Dec-47 : Maturity amount (Investment: ₹1,000, Interest earned: ₹5,010)

Summary

Instrument Attributes

Value

Coupon Rate

16.70%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE967J08174 issued by Ardent Properties Private Limited

The instrument name of INE967J08174 ISIN is ARDENT PROPERTIES PRIVATE LIMITED TR-17 16.7 CCD 31DC47 FVRS10.
The interest earned from INE967J08174 bond issued by Ardent Properties Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE967J08174 bond issued by Ardent Properties Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 16.7%, which determines the periodic interest payments made to bondholders.
The INE967J08174 Debenture is issued by Ardent Properties Private Limited, a Private Sector company.