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Instrument Details

ISIN: INE177R07134

Face value

₹10,00,000

Coupon rate

NIFTY 50 LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

160

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

06 Aug 2021

Maturity Date

02 Jun 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

PP-MLD A+ (CRISIL 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

AVENDUS FINANCE PRIVATE LIMITED SR B BR LOA 06FB24 FVRS10LAC
Avendus Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE177R07134, with a face value of ₹10,00,000 rs on 06Aug21 to raise 160 crores. The debt instrument is issued with a coupon rate of NIFTY 50 LINKED and its interest is paid on Maturity. 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 NIFTY 50 LINKED SECURED LISTED RATED PRINCIPLE PROTECTED MARKET LINKED NON-CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT. SERIES B - FY 2020-21.DATE OF MATURITY 06/02/2024. 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. CRISIL RATINGS LIMITED has given PP-MLD A+ rating to this Debenture on 23Jul21. This issuer is formerly known as PACIFIC HIRE PURCHASE PRIVATE LIMITED, PACIFIC HIRE PURCHASE LIMITED, PACIFIC HIRE PURCHASE PRIVATE 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
A
Adequate Safety
PP-MLD A+
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Date Verified
08 Feb 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY 50 LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE177R07134 issued by Avendus Finance Private Limited

The instrument name of INE177R07134 ISIN is AVENDUS FINANCE PRIVATE LIMITED SR B BR LOA 06FB24 FVRS10LAC.
The interest earned from the INE177R07134 bond issued by Avendus Finance Private Limited is paid at the time of maturity
This INE177R07134 bond issued by Avendus Finance Private Limited has been assigned a credit rating of PP-MLD A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE177R07134 bond issued by Avendus Finance Private Limited is NIFTY 50 LINKED.
The INE177R07134 Debenture is issued by Avendus Finance Private Limited, a Private Sector company.
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