Instrument Details

ISIN: INE087M08068

Face value

₹10,00,000

Coupon rate

9.95%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1300

Instrument Type

Debenture

Returns

High

Date of Issue

09 Mar 2020

Maturity Date

03 Aug 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BAHADUR CHAND INVESTMENTS PRIVATE LIMITED SR BCIPL/PP/NCD/006 9.95 NCD 08MR24 FVRS10LAC
Bahadur Chand Investments Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE087M08068, with a face value of ₹10,00,000 rs on 09Mar20 to raise 1300 crores. The debt instrument is issued with a coupon rate of 9.95% and its interest is paid 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 Unsecured Debenture is 9.95% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES BCIPL/PP/NCD/006. DATE OF MATURITY 08/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 16Mar20 & on BSE stock exchange on 16Mar20. ICRA LIMITED has given AA rating to this Debenture on 09Aug23. This issuer is formerly known as BAHADUR CHAND INVESTMENTS 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
AA
High Safety
AA
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Date Verified
10 Aug 2023
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Outlook
Stable
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
09-Mar-20 : Your investment
₹99,50,000
09-Mar-21 : Interest
₹99,50,000
09-Mar-22 : Interest
₹99,50,000
09-Mar-23 : Interest
₹99,50,000
09-Mar-24 : Interest
₹13,98,00,000
03-Aug-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,98,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.95%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE087M08068 issued by Bahadur Chand Investments Private Limited

The instrument name of INE087M08068 ISIN is BAHADUR CHAND INVESTMENTS PRIVATE LIMITED SR BCIPL/PP/NCD/006 9.95 NCD 08MR24 FVRS10LAC.
The interest earned from INE087M08068 bond issued by Bahadur Chand Investments Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE087M08068 bond issued by Bahadur Chand Investments Private Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.95%, which determines the periodic interest payments made to bondholders.
The INE087M08068 Debenture is issued by Bahadur Chand Investments Private Limited, a Private Sector company.