Instrument Details

ISIN: INE05UJ07014

Face value

₹8,41,350

Coupon rate

17.25%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

113

Instrument Type

Debenture

Returns

High

Date of Issue

29 Nov 2019

Maturity Date

31 Aug 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

DESAI RESIDENCY PRIVATE LIMITED SR I 17.25 NCD 31AG21 FVRS841346.153
Desai Residency Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05UJ07014, with a face value of ₹8,41,350 rs on 29Nov19 to raise 113 crores. The debt instrument is issued with a coupon rate of 17.25% and its interest is paid Quarterly. 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 17.25% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES I. DATE OF MATURITY 31/08/2021.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Subordinate Tier 1
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹8,41,350
Lot Size
100
Minimum Investment
₹8,41,35,000

Cashflow

₹8,41,35,000
29-Nov-19 : Your investment
₹36,28,321
29-Feb-20 : Interest
₹36,28,321
29-May-20 : Interest
₹36,28,321
29-Aug-20 : Interest
₹36,28,321
29-Nov-20 : Interest
₹36,28,321
01-Mar-21 : Interest
₹36,28,321
01-Jun-21 : Interest
₹13,50,542
31-Aug-21 : Interest
₹10,72,55,473
31-Aug-21 : Maturity amount (Investment: ₹8,41,35,000, Interest earned: ₹2,31,20,473)

Summary

Instrument Attributes

Value

Coupon Rate

17.25%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE05UJ07014 issued by Desai Residency Private Limited

The instrument name of INE05UJ07014 ISIN is DESAI RESIDENCY PRIVATE LIMITED SR I 17.25 NCD 31AG21 FVRS841346.153.
The interest earned from INE05UJ07014 bond issued by Desai Residency Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE05UJ07014 bond issued by Desai Residency Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 17.25%, which determines the periodic interest payments made to bondholders.
The INE05UJ07014 Debenture is issued by Desai Residency Private Limited, a Private Sector company.