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: INE09BP08011

Face value

₹350

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

92.99997

Instrument Type

Debenture

Returns

Low

Date of Issue

25 Apr 2021

Maturity Date

24 Apr 2041

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

FUTURISTIC MEDIA AND ENTERTAINMENT LIMITED OCD 24AP41 FVRS350
Futuristic Media And Entertainment Limited, a Other Telecom Services company, has floated Debenture, having ISIN value as INE09BP08011, with a face value of ₹350 rs on 25Apr21 to raise 92.99997 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 UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE.DATE OF CONVERSION 24/04/2041. This instrument is issued in Rights Issue 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 FUTURISTIC MEDIA AND ENTERTAINMENT PRIVATE LIMITED, DEN FUTURISTIC CABLE NETWORKS 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured

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
Other Telecom Services
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Telecommunication
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE09BP08011 issued by Futuristic Media And Entertainment Limited

The instrument name of INE09BP08011 ISIN is FUTURISTIC MEDIA AND ENTERTAINMENT LIMITED OCD 24AP41 FVRS350.
Never, as INE09BP08011 bond issued by Futuristic Media And Entertainment Limited is a Zero-coupon bond.
This INE09BP08011 bond issued by Futuristic Media And Entertainment Limited does not currently have an assigned credit rating
The coupon rate of INE09BP08011 bond issued by Futuristic Media And Entertainment Limited is 0%.
The INE09BP08011 Debenture is issued by Futuristic Media And Entertainment 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