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Instrument Details

ISIN: INE908I07222

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

19 Mar 2021

Maturity Date

19 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

BB- (Infomerics Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

GMR ENTERPRISES PRIVATE LIMITED SR 2 BD 19MR24 FVRS10LAC
Gmr Enterprises Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE908I07222, with a face value of ₹10,00,000 rs on 19Mar21 to raise 75 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 Bond is SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES 2.DATE OF MATURITY 19/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 25Mar21. Infomerics Valuation and Rating Pvt. Ltd has given BB- rating to this Bond on 19Oct23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB-
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Date Verified
-
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Outlook
Negative
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

BB-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE908I07222 issued by Gmr Enterprises Private Limited

The instrument name of INE908I07222 ISIN is GMR ENTERPRISES PRIVATE LIMITED SR 2 BD 19MR24 FVRS10LAC.
Never, as INE908I07222 bond issued by Gmr Enterprises Private Limited is a Zero-coupon bond.
This INE908I07222 bond issued by Gmr Enterprises Private Limited has been assigned a credit rating of BB- by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE908I07222 bond issued by Gmr Enterprises Private Limited is 0%.
The INE908I07222 Bond is issued by Gmr Enterprises Private Limited, a Private Sector company.
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