The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE296J08020

Face value

₹94,455

Coupon rate

2%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

202.5

Instrument Type

Debenture

Returns

Low

Date of Issue

27 Mar 2020

Maturity Date

26 Mar 2028

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

Non Convertible

About this Bond

ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED TR II 2 NCD 26MR28 FVRS94454.614
Assets Care & Reconstruction Enterprise Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE296J08020, with a face value of ₹94,455 rs on 27Mar20 to raise 202.5 crores. The debt instrument is issued with a coupon rate of 2% 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 Unsecured Debenture is 2% UNSECURED UNLISTED UNRATED NON CONVERTIBLE DEBENTURES. SERIES TRANCH II DATE OF MATURITY 26/03/2028.. 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. This issuer is formerly known as ASSETS CARE ENTERPRISE LIMITED 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
₹94,455
Lot Size
100
Minimum Investment
₹94,45,500

Cashflow

₹94,45,500
27-Mar-20 : Your investment
₹47,227
27-Jun-20 : Interest
₹47,227
27-Sep-20 : Interest
₹47,227
27-Dec-20 : Interest
₹47,227
27-Mar-21 : Interest
₹47,227
27-Jun-21 : Interest
₹47,227
27-Sep-21 : Interest
₹47,227
27-Dec-21 : Interest
₹47,227
27-Mar-22 : Interest
₹47,227
27-Jun-22 : Interest
₹47,227
27-Sep-22 : Interest
₹47,227
27-Dec-22 : Interest
₹47,227
27-Mar-23 : Interest
₹47,227
27-Jun-23 : Interest
₹47,227
27-Sep-23 : Interest
₹47,227
27-Dec-23 : Interest
₹47,227
27-Mar-24 : Interest
₹47,227
27-Jun-24 : Interest
₹47,227
27-Sep-24 : Interest
₹47,227
27-Dec-24 : Interest
₹47,227
27-Mar-25 : Interest
₹47,227
27-Jun-25 : Interest
₹47,227
27-Sep-25 : Interest
₹47,227
27-Dec-25 : Interest
₹47,227
27-Mar-26 : Interest
₹47,227
27-Jun-26 : Interest
₹47,227
27-Sep-26 : Interest
₹47,227
27-Dec-26 : Interest
₹47,227
27-Mar-27 : Interest
₹47,227
27-Jun-27 : Interest
₹47,227
27-Sep-27 : Interest
₹47,227
27-Dec-27 : Interest
₹33,321
26-Mar-28 : Interest
₹1,09,42,874
26-Mar-28 : Maturity amount (Investment: ₹94,45,500, Interest earned: ₹14,97,374)

Summary

Instrument Attributes

Value

Coupon Rate

2%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Financial Services
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE296J08020 issued by Assets Care & Reconstruction Enterprise Limited

The instrument name of INE296J08020 ISIN is ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED TR II 2 NCD 26MR28 FVRS94454.614.
The interest earned from INE296J08020 bond issued by Assets Care & Reconstruction Enterprise Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE296J08020 bond issued by Assets Care & Reconstruction Enterprise Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 2%, which determines the periodic interest payments made to bondholders.
The INE296J08020 Debenture is issued by Assets Care & Reconstruction Enterprise Limited, a Private Sector company.
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