Instrument Details

ISIN: INE296J08038

Face value

₹435

Coupon rate

2%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

8.925

Instrument Type

Debenture

Returns

Low

Date of Issue

23 Sep 2020

Maturity Date

30 Mar 2029

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

Senior

Guarantee Type

Non Convertible

About this Bond

ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED TRANCHE I 2 NCD 30MR29 FVRS435.11
Assets Care & Reconstruction Enterprise Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE296J08038, with a face value of ₹435 rs on 23Sep20 to raise 8.925 crores. The debt instrument is issued with a coupon rate of 2% and its interest is paid Monthly. 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 REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TRANCH I DATE OF MATURITY 30/03/2029. 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
check
Outlook
N/A
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Seniority in Repayment
Senior
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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
₹435
Lot Size
100
Minimum Investment
₹43,500

Cashflow

₹43,500
23-Sep-20 : Your investment
₹72
23-Oct-20 : Interest
₹72
23-Nov-20 : Interest
₹72
23-Dec-20 : Interest
₹72
23-Jan-21 : Interest
₹72
23-Feb-21 : Interest
₹72
23-Mar-21 : Interest
₹72
23-Apr-21 : Interest
₹72
23-May-21 : Interest
₹72
23-Jun-21 : Interest
₹72
23-Jul-21 : Interest
₹72
23-Aug-21 : Interest
₹72
23-Sep-21 : Interest
₹72
23-Oct-21 : Interest
₹72
23-Nov-21 : Interest
₹72
23-Dec-21 : Interest
₹72
23-Jan-22 : Interest
₹72
23-Feb-22 : Interest
₹72
23-Mar-22 : Interest
₹72
23-Apr-22 : Interest
₹72
23-May-22 : Interest
₹72
23-Jun-22 : Interest
₹72
23-Jul-22 : Interest
₹72
23-Aug-22 : Interest
₹72
23-Sep-22 : Interest
₹72
23-Oct-22 : Interest
₹72
23-Nov-22 : Interest
₹72
23-Dec-22 : Interest
₹72
23-Jan-23 : Interest
₹72
23-Feb-23 : Interest
₹72
23-Mar-23 : Interest
₹72
23-Apr-23 : Interest
₹72
23-May-23 : Interest
₹72
23-Jun-23 : Interest
₹72
23-Jul-23 : Interest
₹72
23-Aug-23 : Interest
₹72
23-Sep-23 : Interest
₹72
23-Oct-23 : Interest
₹72
23-Nov-23 : Interest
₹72
23-Dec-23 : Interest
₹72
23-Jan-24 : Interest
₹72
23-Feb-24 : Interest
₹72
23-Mar-24 : Interest
₹72
23-Apr-24 : Interest
₹72
23-May-24 : Interest
₹72
23-Jun-24 : Interest
₹72
23-Jul-24 : Interest
₹72
23-Aug-24 : Interest
₹72
23-Sep-24 : Interest
₹72
23-Oct-24 : Interest
₹72
23-Nov-24 : Interest
₹72
23-Dec-24 : Interest
₹72
23-Jan-25 : Interest
₹72
23-Feb-25 : Interest
₹72
23-Mar-25 : Interest
₹72
23-Apr-25 : Interest
₹72
23-May-25 : Interest
₹72
23-Jun-25 : Interest
₹72
23-Jul-25 : Interest
₹72
23-Aug-25 : Interest
₹72
23-Sep-25 : Interest
₹72
23-Oct-25 : Interest
₹72
23-Nov-25 : Interest
₹72
23-Dec-25 : Interest
₹72
23-Jan-26 : Interest
₹72
23-Feb-26 : Interest
₹72
23-Mar-26 : Interest
₹72
23-Apr-26 : Interest
₹72
23-May-26 : Interest
₹72
23-Jun-26 : Interest
₹72
23-Jul-26 : Interest
₹72
23-Aug-26 : Interest
₹72
23-Sep-26 : Interest
₹72
23-Oct-26 : Interest
₹72
23-Nov-26 : Interest
₹72
23-Dec-26 : Interest
₹72
23-Jan-27 : Interest
₹72
23-Feb-27 : Interest
₹72
23-Mar-27 : Interest
₹72
23-Apr-27 : Interest
₹72
23-May-27 : Interest
₹72
23-Jun-27 : Interest
₹72
23-Jul-27 : Interest
₹72
23-Aug-27 : Interest
₹72
23-Sep-27 : Interest
₹72
23-Oct-27 : Interest
₹72
23-Nov-27 : Interest
₹72
23-Dec-27 : Interest
₹72
23-Jan-28 : Interest
₹72
23-Feb-28 : Interest
₹72
23-Mar-28 : Interest
₹72
23-Apr-28 : Interest
₹72
23-May-28 : Interest
₹72
23-Jun-28 : Interest
₹72
23-Jul-28 : Interest
₹72
23-Aug-28 : Interest
₹72
23-Sep-28 : Interest
₹72
23-Oct-28 : Interest
₹72
23-Nov-28 : Interest
₹72
23-Dec-28 : Interest
₹72
23-Jan-29 : Interest
₹72
23-Feb-29 : Interest
₹72
23-Mar-29 : Interest
-₹18
30-Mar-29 : Interest
-₹18
30-Mar-29 : Interest
₹50,858
30-Mar-29 : Maturity amount (Investment: ₹43,500, Interest earned: ₹7,358)

Summary

Instrument Attributes

Value

Coupon Rate

2%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

Senior

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

FAQs about INE296J08038 issued by Assets Care & Reconstruction Enterprise Limited

The instrument name of INE296J08038 ISIN is ASSETS CARE & RECONSTRUCTION ENTERPRISE LIMITED TRANCHE I 2 NCD 30MR29 FVRS435.11.
The interest earned from INE296J08038 bond issued by Assets Care & Reconstruction Enterprise Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE296J08038 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 INE296J08038 Debenture is issued by Assets Care & Reconstruction Enterprise Limited, a Private Sector company.