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Instrument Details

ISIN: INE351W07010

Face value

₹10,000

Coupon rate

10.25%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

217.9

Instrument Type

Debenture

Returns

High

Date of Issue

11 Oct 2019

Maturity Date

20 Dec 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

AZURE POWER THIRTY SIX PRIVATE LIMITED 10.25 NCD 20DC24 FVRS10000
Azure Power Thirty Six Private Limited, has floated Debenture, having ISIN value as INE351W07010, with a face value of ₹10,000 rs on 11Oct19 to raise 217.9 crores. The debt instrument is issued with a coupon rate of 10.25% and its interest is paid Semi Annually. 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 10.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 20/12/2024. 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. 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
Subordinate Tier 1
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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
₹10,000
Lot Size
100
Minimum Investment
₹10,00,000

Cashflow

₹10,00,000
11-Oct-19 : Your investment
₹51,250
11-Apr-20 : Interest
₹51,250
11-Oct-20 : Interest
₹51,250
11-Apr-21 : Interest
₹51,250
11-Oct-21 : Interest
₹51,250
11-Apr-22 : Interest
₹51,250
11-Oct-22 : Interest
₹51,250
11-Apr-23 : Interest
₹51,250
11-Oct-23 : Interest
₹51,250
11-Apr-24 : Interest
₹51,250
11-Oct-24 : Interest
₹1,993
20-Dec-24 : Interest
₹15,14,493
20-Dec-24 : Maturity amount (Investment: ₹10,00,000, Interest earned: ₹5,14,493)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

rating

Rated ★ 4.3+ on

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FAQs about INE351W07010 issued by Azure Power Thirty Six Private Limited

The instrument name of INE351W07010 ISIN is AZURE POWER THIRTY SIX PRIVATE LIMITED 10.25 NCD 20DC24 FVRS10000.
The interest earned from INE351W07010 bond issued by Azure Power Thirty Six Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE351W07010 bond issued by Azure Power Thirty Six Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10.25%, which determines the periodic interest payments made to bondholders.
The INE351W07010 Debenture is issued by Azure Power Thirty Six Private Limited, a Private Sector company.
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