Instrument Details

ISIN: INE0BNQ07022

Face value

₹10,00,000

Coupon rate

12.75%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

21 Dec 2021

Maturity Date

30 Sep 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

AVANTI FINANCE PRIVATE LIMITED SR A 12.75 NCD 30SP24 FVRS10LAC
Avanti Finance Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0BNQ07022, with a face value of ₹10,00,000 rs on 21Dec21 to raise 15 crores. The debt instrument is issued with a coupon rate of 12.75% 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 12.75% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES A.DATE OF MATURITY 30/09/2024. This instrument is issued in Private Placement (non-EBP) 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
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
21-Dec-21 : Your investment
₹31,87,500
21-Mar-22 : Interest
₹31,87,500
21-Jun-22 : Interest
₹31,87,500
21-Sep-22 : Interest
₹31,87,500
21-Dec-22 : Interest
₹31,87,500
21-Mar-23 : Interest
₹31,87,500
21-Jun-23 : Interest
₹31,87,500
21-Sep-23 : Interest
₹31,87,500
21-Dec-23 : Interest
₹31,87,500
21-Mar-24 : Interest
₹31,87,500
21-Jun-24 : Interest
₹31,87,500
21-Sep-24 : Interest
₹13,50,62,500
30-Sep-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,50,62,500)

Summary

Instrument Attributes

Value

Coupon Rate

12.75%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE0BNQ07022 issued by Avanti Finance Private Limited

The instrument name of INE0BNQ07022 ISIN is AVANTI FINANCE PRIVATE LIMITED SR A 12.75 NCD 30SP24 FVRS10LAC.
The interest earned from INE0BNQ07022 bond issued by Avanti Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0BNQ07022 bond issued by Avanti Finance Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12.75%, which determines the periodic interest payments made to bondholders.
The INE0BNQ07022 Debenture is issued by Avanti Finance Private Limited, a Private Sector company.