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Instrument Details

ISIN: INE908I07354

Face value

₹10,00,000

Coupon rate

12%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

High

Date of Issue

02 May 2022

Maturity Date

30 Apr 2025

Perpetual

Yes

Listing Status

Unlisted

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 1 12 NCD 30AP25 FVRS10LAC
Gmr Enterprises Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE908I07354, with a face value of ₹10,00,000 rs on 02May22 to raise 150 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Semi 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 Secured Debenture is 12% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES 1.DATE OF MATURITY 30/04/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. Infomerics Valuation and Rating Pvt. Ltd has given BB- rating to this Debenture on 20May24. Neither the Principal nor the Interest is covered for this Debenture. 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
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
02-May-22 : Your investment
₹60,00,000
02-Nov-22 : Interest
₹60,00,000
02-May-23 : Interest
₹60,00,000
02-Nov-23 : Interest
₹60,00,000
02-May-24 : Interest
₹60,00,000
02-Nov-24 : Interest
₹34,66,666
30-Apr-25 : Interest
₹13,34,66,666
30-Apr-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,34,66,666)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

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 INE908I07354 issued by Gmr Enterprises Private Limited

The instrument name of INE908I07354 ISIN is GMR ENTERPRISES PRIVATE LIMITED SR 1 12 NCD 30AP25 FVRS10LAC.
The interest earned from INE908I07354 bond issued by Gmr Enterprises Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE908I07354 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.
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE908I07354 Debenture is issued by Gmr Enterprises Private Limited, a Private Sector company.
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