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: INE988W07019

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Low

Date of Issue

27 Mar 2017

Maturity Date

27 Sep 2021

Perpetual

Yes

Listing Status

Listed

Rating status

D (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

GENLINK PHARMA SOLUTIONS PRIVATE LIMITED NCD 27SP21 FVRS10LAC - Defaulted in Redemption
Genlink Pharma Solutions Private Limited, a Healthcare company, has floated Debenture, having ISIN value as INE988W07019, with a face value of ₹10,00,000 rs on 27Mar17 to raise 25 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 Secured Debenture is ZERO COUPON RATED LISTED SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/09/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 10Apr17. Acuite Ratings And Research Limited has given D rating to this Debenture on 02Mar17. This issuer is formerly known as GENLINK PHARMA INVESTMENTS 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
D
Default or Expect to Default
D
check
Date Verified
20 Aug 2024
check
Outlook
No Outlook
logo
Seniority in Repayment
Senior
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE988W07019 issued by Genlink Pharma Solutions Private Limited

The instrument name of INE988W07019 ISIN is GENLINK PHARMA SOLUTIONS PRIVATE LIMITED NCD 27SP21 FVRS10LAC - Defaulted in Redemption.
Never, as INE988W07019 bond issued by Genlink Pharma Solutions Private Limited is a Zero-coupon bond.
This INE988W07019 bond issued by Genlink Pharma Solutions Private Limited has been assigned a credit rating of D by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE988W07019 bond issued by Genlink Pharma Solutions Private Limited is 0%.
The INE988W07019 Debenture is issued by Genlink Pharma Solutions Private Limited, a Private Sector company.