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Instrument Details

ISIN: INE365D07077

Face value

₹93,000

Coupon rate

10.15%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

High

Date of Issue

26 Apr 2018

Maturity Date

26 Apr 2023

Perpetual

Yes

Listing Status

Listed

Rating status

A (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ASHIANA HOUSING LIMITED 10.15 NCD 26AP23 FVRS93000
Ashiana Housing Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE365D07077, with a face value of ₹93,000 rs on 26Apr18 to raise 100 crores. The debt instrument is issued with a coupon rate of 10.15% and its interest is paid Quarterly. 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 Secured Debenture is 10.15% SECURED RATED LISTED REDEEMABLE NON COVERTIBLE DEBENTURES. DATE OF MATURITY 26/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 04May18. ICRA LIMITED has given A rating to this Debenture on 16Jun23. This issuer is formerly known as ASHIANA HOUSING & FINANCE (INDIA) Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A
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Date Verified
19 Jun 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹93,000
Lot Size
100
Minimum Investment
₹93,00,000

Cashflow

₹93,00,000
26-Apr-18 : Your investment
₹2,35,987
26-Jul-18 : Interest
₹2,35,987
26-Oct-18 : Interest
₹2,35,987
26-Jan-19 : Interest
₹2,35,987
26-Apr-19 : Interest
₹2,35,987
26-Jul-19 : Interest
₹2,35,987
26-Oct-19 : Interest
₹2,35,987
26-Jan-20 : Interest
₹2,35,987
26-Apr-20 : Interest
₹2,35,987
26-Jul-20 : Interest
₹2,35,987
26-Oct-20 : Interest
₹2,35,987
26-Jan-21 : Interest
₹2,35,987
26-Apr-21 : Interest
₹2,35,987
26-Jul-21 : Interest
₹2,35,987
26-Oct-21 : Interest
₹2,35,987
26-Jan-22 : Interest
₹2,35,987
26-Apr-22 : Interest
₹2,35,987
26-Jul-22 : Interest
₹2,35,987
26-Oct-22 : Interest
₹2,35,987
26-Jan-23 : Interest
₹2,35,987
26-Apr-23 : Interest
₹1,40,19,750
26-Apr-23 : Maturity amount (Investment: ₹93,00,000, Interest earned: ₹47,19,750)

Summary

Instrument Attributes

Value

Coupon Rate

10.15%

Returns

High

Bond Rating

A

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE365D07077 issued by Ashiana Housing Limited

The instrument name of INE365D07077 ISIN is ASHIANA HOUSING LIMITED 10.15 NCD 26AP23 FVRS93000.
The interest earned from INE365D07077 bond issued by Ashiana Housing Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE365D07077 bond issued by Ashiana Housing Limited has been assigned a credit rating of A by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.15%, which determines the periodic interest payments made to bondholders.
The INE365D07077 Debenture is issued by Ashiana Housing Limited, a Private Sector company.
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