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Instrument Details

ISIN: INE734S07031

Face value

₹1,00,000

Coupon rate

12.955% IRR

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

62.5

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

07 May 2018

Maturity Date

14 Oct 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB+ (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ENZEN GLOBAL SOLUTIONS PRIVATE LIMITED 12.955 IRR NCD 14OT23 FVRS1LAC
Enzen Global Solutions Private Limited, a Technology company, has floated Debenture, having ISIN value as INE734S07031, with a face value of ₹1,00,000 rs on 07May18 to raise 62.5 crores. The debt instrument is issued with a coupon rate of 12.955% IRR 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 12.955%IRR SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 14/10/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BB+ rating to this Debenture on 15Jun20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB+
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Date Verified
18 Jul 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

12.955% IRR

Returns

Linked to Markets

Bond Rating

BB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

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Rated ★ 4.3+ on

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FAQs about INE734S07031 issued by Enzen Global Solutions Private Limited

The instrument name of INE734S07031 ISIN is ENZEN GLOBAL SOLUTIONS PRIVATE LIMITED 12.955 IRR NCD 14OT23 FVRS1LAC.
The interest earned from INE734S07031 bond issued by Enzen Global Solutions Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE734S07031 bond issued by Enzen Global Solutions Private Limited has been assigned a credit rating of BB+ by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE734S07031 bond issued by Enzen Global Solutions Private Limited is 12.955% IRR.
The INE734S07031 Debenture is issued by Enzen Global Solutions Private Limited, a Private Sector company.
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