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Instrument Details

ISIN: INE760V08020

Face value

₹100

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Dec 2018

Maturity Date

27 Dec 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

ESSAR STEEL METAL TRADING LIMITED SERIES XI CCD 27DC23 FVRS100
Essar Steel Metal Trading Limited, a Industrial company, has floated Debenture, having ISIN value as INE760V08020, with a face value of ₹100 rs on 28Dec18 to raise 500 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Unsecured Debenture is ZERO COUPON UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES XI. DATE OF CONVERSION 27/12/2023. 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. This debt instrument is Unrated. This issuer is formerly known as EDWELL METAL AND TRADING LIMITED, ESSAR STEEL JHARKHAND LIMITED, ESSAR STEEL (JHARKHAND) 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE760V08020 issued by Essar Steel Metal Trading Limited

The instrument name of INE760V08020 ISIN is ESSAR STEEL METAL TRADING LIMITED SERIES XI CCD 27DC23 FVRS100.
Never, as INE760V08020 bond issued by Essar Steel Metal Trading Limited is a Zero-coupon bond.
This INE760V08020 bond issued by Essar Steel Metal Trading Limited does not currently have an assigned credit rating
The coupon rate of INE760V08020 bond issued by Essar Steel Metal Trading Limited is 0%.
The INE760V08020 Debenture is issued by Essar Steel Metal Trading Limited, a Private Sector company.