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Instrument Details

ISIN: INE404X08013

Face value

₹1,000

Coupon rate

0%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

66.33

Instrument Type

Debenture

Returns

Low

Date of Issue

28 Mar 2017

Maturity Date

27 Mar 2027

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

FERMI SOLARFARMS PRIVATE LIMITED SR-D1 0.0001 CCD 27MR27 FVRS1000
Fermi Solarfarms Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE404X08013, with a face value of ₹1,000 rs on 28Mar17 to raise 66.33 crores. The debt instrument is issued with a coupon rate of 0% 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 Unsecured Debenture is 0.0001% UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES D1. DATE OF CONVERSION 27/03/2027. 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 NV VOGT TAMIL NADU SOLAR SIX LIMITED, NV VOGT TAMIL NADU SOLAR SIX 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
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
Investment Calculation (Pre-Tax)

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

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
28-Mar-17 : Your investment
₹0
28-Mar-18 : Interest
₹0
28-Mar-19 : Interest
₹0
28-Mar-20 : Interest
₹0
28-Mar-21 : Interest
₹0
28-Mar-22 : Interest
₹0
28-Mar-23 : Interest
₹0
28-Mar-24 : Interest
₹0
28-Mar-25 : Interest
₹0
28-Mar-26 : Interest
₹0
27-Mar-27 : Interest
₹1,00,000
27-Mar-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹0)

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE404X08013 issued by Fermi Solarfarms Private Limited

The instrument name of INE404X08013 ISIN is FERMI SOLARFARMS PRIVATE LIMITED SR-D1 0.0001 CCD 27MR27 FVRS1000.
The interest earned from INE404X08013 bond issued by Fermi Solarfarms Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE404X08013 bond issued by Fermi Solarfarms Private Limited does not currently have an assigned credit rating
The coupon rate of INE404X08013 bond issued by Fermi Solarfarms Private Limited is 0%.
The INE404X08013 Debenture is issued by Fermi Solarfarms Private Limited, a Private Sector company.
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