Instrument Details

ISIN: INE051307861

Face value

₹1,000

Coupon rate

9.30%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

0.86

Instrument Type

Debenture

Returns

High

Date of Issue

10 Jan 2022

Maturity Date

01 Nov 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

CHEMMANUR CREDITS AND INVESTMENTS LIMITED SR 21-22 XXIII 9.30 NCD 11JN23 FVRS1000
Chemmanur Credits And Investments Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE051307861, with a face value of ₹1,000 rs on 10Jan22 to raise 0.86 crores. The debt instrument is issued with a coupon rate of 9.30% 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 9.3% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE. SERIES 21-22 DEMAT XXIII.DATE OF MATURITY 11/01/2023. This instrument is issued in Private Placement (non-EBP) 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
10-Jan-22 : Your investment
₹775
10-Feb-22 : Interest
₹775
10-Mar-22 : Interest
₹775
10-Apr-22 : Interest
₹775
10-May-22 : Interest
₹775
10-Jun-22 : Interest
₹775
10-Jul-22 : Interest
₹775
10-Aug-22 : Interest
₹775
10-Sep-22 : Interest
₹775
10-Oct-22 : Interest
₹775
10-Nov-22 : Interest
₹775
10-Dec-22 : Interest
₹775
10-Jan-23 : Interest
₹775
10-Feb-23 : Interest
₹775
10-Mar-23 : Interest
₹775
10-Apr-23 : Interest
₹775
10-May-23 : Interest
₹775
10-Jun-23 : Interest
₹775
10-Jul-23 : Interest
₹775
10-Aug-23 : Interest
₹775
10-Sep-23 : Interest
₹775
10-Oct-23 : Interest
₹64
01-Nov-23 : Interest
₹1,16,339
01-Nov-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹16,339)

Summary

Instrument Attributes

Value

Coupon Rate

9.30%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE051307861 issued by Chemmanur Credits And Investments Limited

The instrument name of INE051307861 ISIN is CHEMMANUR CREDITS AND INVESTMENTS LIMITED SR 21-22 XXIII 9.30 NCD 11JN23 FVRS1000.
The interest earned from INE051307861 bond issued by Chemmanur Credits And Investments Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE051307861 bond issued by Chemmanur Credits And Investments Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 9.3%, which determines the periodic interest payments made to bondholders.
The INE051307861 Debenture is issued by Chemmanur Credits And Investments Limited, a Private Sector company.