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Instrument Details

ISIN: INE003L07077

Face value

₹5,16,480

Coupon rate

Variable Coupon

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

1080

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

03 Apr 2020

Maturity Date

03 Feb 2030

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD C (Acuite Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED BR NCD 02MR30 FVRS516484
Embassy Property Developments Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE003L07077, with a face value of ₹5,16,480 rs on 03Apr20 to raise 1080 crores. The debt instrument is issued with a coupon rate of 14.25%XIRR AND 7.26 GSEC LINKED 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 14.25% XIRR SECURED RATED LISTED REDEEMABLE TRADABLE PRINCIPAL PROTECTED G-SEC LINKED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 02/03/2030. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 16Apr20. Acuite Ratings And Research Limited has given PP-MLD C rating to this Debenture on 24Mar20. This issuer is formerly known as EMBASSY PROPERTY DEVELOPMENTS LIMITED, EMBASSY PROPERTY DEVELOPMENTS 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
C
Very High Risk
PP-MLD C
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Date Verified
15 May 2024
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

PP-MLD C

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Real Estate related services
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE003L07077 issued by Embassy Property Developments Private Limited

The instrument name of INE003L07077 ISIN is EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED BR NCD 02MR30 FVRS516484.
The interest earned from INE003L07077 bond issued by Embassy Property Developments Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE003L07077 bond issued by Embassy Property Developments Private Limited has been assigned a credit rating of PP-MLD C by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE003L07077 bond issued by Embassy Property Developments Private Limited is 14.25%XIRR AND 7.26 GSEC LINKED.
The INE003L07077 Debenture is issued by Embassy Property Developments Private Limited, a Private Sector company.
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