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Instrument Details

ISIN: INE731P08023

Face value

₹56,585

Coupon rate

0%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

49

Instrument Type

Debenture

Returns

Low

Date of Issue

09 Jan 2019

Maturity Date

01 Aug 2029

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB- (ICRA Ratings)

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

GIRNAR SOFTWARE PRIVATE LIMITED 0.00001 CCD 08JN29 FVRS56585
Girnar Software Private Limited, a Technology company, has floated Debenture, having ISIN value as INE731P08023, with a face value of ₹56,585 rs on 09Jan19 to raise 49 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 0.00001% UNSECURED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES. DATE OF CONVERSION - 08/01/2029. 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. ICRA LIMITED has given BBB- rating to this Debenture on 28Jun24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB-
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Date Verified
01 Jul 2024
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Outlook
Stable
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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
₹56,585
Lot Size
100
Minimum Investment
₹56,58,500

Cashflow

₹56,58,500
09-Jan-19 : Your investment
₹0
09-Jan-20 : Interest
₹0
09-Jan-21 : Interest
₹0
09-Jan-22 : Interest
₹0
09-Jan-23 : Interest
₹0
09-Jan-24 : Interest
₹0
09-Jan-25 : Interest
₹0
09-Jan-26 : Interest
₹0
09-Jan-27 : Interest
₹0
09-Jan-28 : Interest
₹0
09-Jan-29 : Interest
₹0
01-Aug-29 : Interest
₹56,58,500
01-Aug-29 : Maturity amount (Investment: ₹56,58,500, Interest earned: ₹0)

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

BBB-

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

rating

Rated ★ 4.3+ on

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FAQs about INE731P08023 issued by Girnar Software Private Limited

The instrument name of INE731P08023 ISIN is GIRNAR SOFTWARE PRIVATE LIMITED 0.00001 CCD 08JN29 FVRS56585.
The interest earned from INE731P08023 bond issued by Girnar Software Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE731P08023 bond issued by Girnar Software Private Limited has been assigned a credit rating of BBB- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE731P08023 bond issued by Girnar Software Private Limited is 0%.
The INE731P08023 Debenture is issued by Girnar Software Private Limited, a Private Sector company.
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