Instrument Details

ISIN: INE009V07040

Face value

₹10,00,000

Coupon rate

14%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

9.9

Instrument Type

Debenture

Returns

High

Date of Issue

28 Jul 2016

Maturity Date

27 Jul 2020

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

DARSHITA SOUTHERN INDIA HAPPY HOMES PRIVATE LIMITED SR-4 14 NCD 27JL20 FVRS10LAC
Darshita Southern India Happy Homes Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE009V07040, with a face value of ₹10,00,000 rs on 28Jul16 to raise 9.9 crores. The debt instrument is issued with a coupon rate of 14% 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 14% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 4. DATE OF MATURITY 27/07/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 03Aug16. CARE Ratings Limited has given BBB- rating to this Debenture on 01Jan70. This issuer is formerly known as DARSHITA HAPPY HOMES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB-
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Date Verified
06 Jan 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
28-Jul-16 : Your investment
₹70,00,000
28-Jan-17 : Interest
₹70,00,000
28-Jul-17 : Interest
₹70,00,000
28-Jan-18 : Interest
₹70,00,000
28-Jul-18 : Interest
₹70,00,000
28-Jan-19 : Interest
₹70,00,000
28-Jul-19 : Interest
₹70,00,000
28-Jan-20 : Interest
₹42,77,777
27-Jul-20 : Interest
₹15,32,77,777
27-Jul-20 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,32,77,777)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

BBB-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE009V07040 issued by Darshita Southern India Happy Homes Private Limited

The instrument name of INE009V07040 ISIN is DARSHITA SOUTHERN INDIA HAPPY HOMES PRIVATE LIMITED SR-4 14 NCD 27JL20 FVRS10LAC.
The interest earned from INE009V07040 bond issued by Darshita Southern India Happy Homes Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE009V07040 bond issued by Darshita Southern India Happy Homes Private Limited has been assigned a credit rating of BBB- by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
The INE009V07040 Debenture is issued by Darshita Southern India Happy Homes Private Limited, a Private Sector company.