Instrument Details

ISIN: INE0BNQ08012

Face value

₹10

Coupon rate

2%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Low

Date of Issue

07 Apr 2021

Maturity Date

31 Dec 2023

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

AVANTI FINANCE PRIVATE LIMITED SR 1 2 CCD 31DC23 FVRS10
Avanti Finance Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0BNQ08012, with a face value of ₹10 rs on 07Apr21 to raise 25 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 UNRATED UNLISTED COMPULSORY CONVERTIBE DEBENTURE.DATE OF CONVERSION 31/12/2023. This instrument is issued in Private Placement mode. It has Simple 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
07-Apr-21 : Your investment
₹5
07-Jul-21 : Interest
₹5
07-Oct-21 : Interest
₹5
07-Jan-22 : Interest
₹5
07-Apr-22 : Interest
₹5
07-Jul-22 : Interest
₹5
07-Oct-22 : Interest
₹5
07-Jan-23 : Interest
₹5
07-Apr-23 : Interest
₹5
07-Jul-23 : Interest
₹5
07-Oct-23 : Interest
₹1
31-Dec-23 : Interest
₹1,051
31-Dec-23 : Maturity amount (Investment: ₹1,000, Interest earned: ₹51)

Summary

Instrument Attributes

Value

Coupon Rate

2%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully 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 INE0BNQ08012 issued by Avanti Finance Private Limited

The instrument name of INE0BNQ08012 ISIN is AVANTI FINANCE PRIVATE LIMITED SR 1 2 CCD 31DC23 FVRS10.
The interest earned from INE0BNQ08012 bond issued by Avanti Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0BNQ08012 bond issued by Avanti Finance Private 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 INE0BNQ08012 Debenture is issued by Avanti Finance Private Limited, a Private Sector company.