Instrument Details

ISIN: INE04WF07664

Face value

₹1,000

Coupon rate

12%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

1.9205

Instrument Type

Debenture

Returns

High

Date of Issue

02 Mar 2020

Maturity Date

03 Feb 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BRD SECURITIES LTD SR BV MTH 12 NCD 02MR25 FVRS1000
Brd Securities Ltd, a Utilities company, has floated Debenture, having ISIN value as INE04WF07664, with a face value of ₹1,000 rs on 02Mar20 to raise 1.9205 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Monthly. 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 12% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES BV MONTHLY. DATE OF MATURITY 02/03/2025. 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
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
02-Mar-20 : Your investment
₹1,000
02-Apr-20 : Interest
₹1,000
02-May-20 : Interest
₹1,000
02-Jun-20 : Interest
₹1,000
02-Jul-20 : Interest
₹1,000
02-Aug-20 : Interest
₹1,000
02-Sep-20 : Interest
₹1,000
02-Oct-20 : Interest
₹1,000
02-Nov-20 : Interest
₹1,000
02-Dec-20 : Interest
₹1,000
02-Jan-21 : Interest
₹1,000
02-Feb-21 : Interest
₹1,000
02-Mar-21 : Interest
₹1,000
02-Apr-21 : Interest
₹1,000
02-May-21 : Interest
₹1,000
02-Jun-21 : Interest
₹1,000
02-Jul-21 : Interest
₹1,000
02-Aug-21 : Interest
₹1,000
02-Sep-21 : Interest
₹1,000
02-Oct-21 : Interest
₹1,000
02-Nov-21 : Interest
₹1,000
02-Dec-21 : Interest
₹1,000
02-Jan-22 : Interest
₹1,000
02-Feb-22 : Interest
₹1,000
02-Mar-22 : Interest
₹1,000
02-Apr-22 : Interest
₹1,000
02-May-22 : Interest
₹1,000
02-Jun-22 : Interest
₹1,000
02-Jul-22 : Interest
₹1,000
02-Aug-22 : Interest
₹1,000
02-Sep-22 : Interest
₹1,000
02-Oct-22 : Interest
₹1,000
02-Nov-22 : Interest
₹1,000
02-Dec-22 : Interest
₹1,000
02-Jan-23 : Interest
₹1,000
02-Feb-23 : Interest
₹1,000
02-Mar-23 : Interest
₹1,000
02-Apr-23 : Interest
₹1,000
02-May-23 : Interest
₹1,000
02-Jun-23 : Interest
₹1,000
02-Jul-23 : Interest
₹1,000
02-Aug-23 : Interest
₹1,000
02-Sep-23 : Interest
₹1,000
02-Oct-23 : Interest
₹1,000
02-Nov-23 : Interest
₹1,000
02-Dec-23 : Interest
₹1,000
02-Jan-24 : Interest
₹1,000
02-Feb-24 : Interest
₹1,000
02-Mar-24 : Interest
₹1,000
02-Apr-24 : Interest
₹1,000
02-May-24 : Interest
₹1,000
02-Jun-24 : Interest
₹1,000
02-Jul-24 : Interest
₹1,000
02-Aug-24 : Interest
₹1,000
02-Sep-24 : Interest
₹1,000
02-Oct-24 : Interest
₹1,000
02-Nov-24 : Interest
₹1,000
02-Dec-24 : Interest
₹1,000
02-Jan-25 : Interest
₹1,000
02-Feb-25 : Interest
₹50
03-Feb-25 : Interest
₹1,59,050
03-Feb-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹59,050)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE04WF07664 issued by Brd Securities Ltd

The instrument name of INE04WF07664 ISIN is BRD SECURITIES LTD SR BV MTH 12 NCD 02MR25 FVRS1000.
The interest earned from INE04WF07664 bond issued by Brd Securities Ltd is paid Monthly, ensuring regular and consistent income for investors.
This INE04WF07664 bond issued by Brd Securities Ltd does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE04WF07664 Debenture is issued by Brd Securities Ltd, a Private Sector company.