The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE657N07431

Face value

₹10,00,000

Coupon rate

9.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

22 Dec 2017

Maturity Date

22 Dec 2027

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

EDELWEISS RURAL & CORPORATE SERVICES LIMITED 9.25 NCD 22DC27 FVRS10LAC
Edelweiss Rural & Corporate Services Limited, a Investment Company company, has floated Debenture, having ISIN value as INE657N07431, with a face value of ₹10,00,000 rs on 22Dec17 to raise 20 crores. The debt instrument is issued with a coupon rate of 9.25% and its interest is paid 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 9.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 22/12/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 27Dec17. ICRA LIMITED has given A+ rating to this Debenture on 28Dec23. This issuer is formerly known as EDELWEISS COMMODITIES SERVICES LIMITED, COMFORT PROJECTS LIMITED, COMFORT PROJECTS PRIVATE 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
A
Adequate Safety
A+
check
Date Verified
29 Dec 2023
check
Outlook
No Outlook
logo
Seniority in Repayment
None
logo
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
22-Dec-17 : Your investment
₹92,50,000
22-Dec-18 : Interest
₹92,50,000
22-Dec-19 : Interest
₹92,50,000
22-Dec-20 : Interest
₹92,50,000
22-Dec-21 : Interest
₹92,50,000
22-Dec-22 : Interest
₹92,50,000
22-Dec-23 : Interest
₹92,50,000
22-Dec-24 : Interest
₹92,50,000
22-Dec-25 : Interest
₹92,50,000
22-Dec-26 : Interest
₹92,50,000
22-Dec-27 : Interest
₹19,25,00,000
22-Dec-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,25,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.25%

Returns

High

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Investment Company
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE657N07431 issued by Edelweiss Rural & Corporate Services Limited

The instrument name of INE657N07431 ISIN is EDELWEISS RURAL & CORPORATE SERVICES LIMITED 9.25 NCD 22DC27 FVRS10LAC.
The interest earned from INE657N07431 bond issued by Edelweiss Rural & Corporate Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE657N07431 bond issued by Edelweiss Rural & Corporate Services Limited has been assigned a credit rating of A+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.25%, which determines the periodic interest payments made to bondholders.
The INE657N07431 Debenture is issued by Edelweiss Rural & Corporate Services Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow