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Instrument Details

ISIN: INE05NU08014

Face value

₹100

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

11 Jan 2019

Maturity Date

01 Oct 2024

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

BHAGWAT METALLICS LIMITED SERIES 1 NCD 10JN24 FVRS100
Bhagwat Metallics Limited, a Industrial company, has floated Debenture, having ISIN value as INE05NU08014, with a face value of ₹100 rs on 11Jan19 to raise 30 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED UNLISTED RATED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 1. DATE OF CONVERSION 10/01/2024. 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. This issuer is formerly known as ESSAR METALLICS 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
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

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE05NU08014 issued by Bhagwat Metallics Limited

The instrument name of INE05NU08014 ISIN is BHAGWAT METALLICS LIMITED SERIES 1 NCD 10JN24 FVRS100.
Never, as INE05NU08014 bond issued by Bhagwat Metallics Limited is a Zero-coupon bond.
This INE05NU08014 bond issued by Bhagwat Metallics Limited does not currently have an assigned credit rating
The coupon rate of INE05NU08014 bond issued by Bhagwat Metallics Limited is 0%.
The INE05NU08014 Debenture is issued by Bhagwat Metallics Limited, a Private Sector company.
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