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Instrument Details

ISIN: INE653Z07012

Face value

₹100

Coupon rate

14%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

40

Instrument Type

Debenture

Returns

High

Date of Issue

12 Apr 2021

Maturity Date

31 Mar 2026

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

GNRC LIMITED 14 LOA 31MR26 FVRS100
Gnrc Limited, a Hospital company, has floated Debenture, having ISIN value as INE653Z07012, with a face value of ₹100 rs on 12Apr21 to raise 40 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Monthly. 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 14% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.DATE OF MATURITY 31/03/2026. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 07May21. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 21Apr21. This issuer is formerly known as GUWAHATI NEUROLOGICAL RESEARCH CENTRE LIMITED, GUWAHATI NEUROLOGICAL RESEARCH CENTRE 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
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Date Verified
N/A
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Outlook
N/A
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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
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
12-Apr-21 : Your investment
₹116
12-May-21 : Interest
₹116
12-Jun-21 : Interest
₹116
12-Jul-21 : Interest
₹116
12-Aug-21 : Interest
₹116
12-Sep-21 : Interest
₹116
12-Oct-21 : Interest
₹116
12-Nov-21 : Interest
₹116
12-Dec-21 : Interest
₹116
12-Jan-22 : Interest
₹116
12-Feb-22 : Interest
₹116
12-Mar-22 : Interest
₹116
12-Apr-22 : Interest
₹116
12-May-22 : Interest
₹116
12-Jun-22 : Interest
₹116
12-Jul-22 : Interest
₹116
12-Aug-22 : Interest
₹116
12-Sep-22 : Interest
₹116
12-Oct-22 : Interest
₹116
12-Nov-22 : Interest
₹116
12-Dec-22 : Interest
₹116
12-Jan-23 : Interest
₹116
12-Feb-23 : Interest
₹116
12-Mar-23 : Interest
₹116
12-Apr-23 : Interest
₹116
12-May-23 : Interest
₹116
12-Jun-23 : Interest
₹116
12-Jul-23 : Interest
₹116
12-Aug-23 : Interest
₹116
12-Sep-23 : Interest
₹116
12-Oct-23 : Interest
₹116
12-Nov-23 : Interest
₹116
12-Dec-23 : Interest
₹116
12-Jan-24 : Interest
₹116
12-Feb-24 : Interest
₹116
12-Mar-24 : Interest
₹116
12-Apr-24 : Interest
₹116
12-May-24 : Interest
₹116
12-Jun-24 : Interest
₹116
12-Jul-24 : Interest
₹116
12-Aug-24 : Interest
₹116
12-Sep-24 : Interest
₹116
12-Oct-24 : Interest
₹116
12-Nov-24 : Interest
₹116
12-Dec-24 : Interest
₹116
12-Jan-25 : Interest
₹116
12-Feb-25 : Interest
₹116
12-Mar-25 : Interest
₹116
12-Apr-25 : Interest
₹116
12-May-25 : Interest
₹116
12-Jun-25 : Interest
₹116
12-Jul-25 : Interest
₹116
12-Aug-25 : Interest
₹116
12-Sep-25 : Interest
₹116
12-Oct-25 : Interest
₹116
12-Nov-25 : Interest
₹116
12-Dec-25 : Interest
₹116
12-Jan-26 : Interest
₹116
12-Feb-26 : Interest
₹116
12-Mar-26 : Interest
₹64
31-Mar-26 : Interest
₹16,947
31-Mar-26 : Maturity amount (Investment: ₹10,000, Interest earned: ₹6,947)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Hospital
Head Office
HEAD OFFICE
Dispur
Sector name
SECTOR
Healthcare
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE653Z07012 issued by Gnrc Limited

The instrument name of INE653Z07012 ISIN is GNRC LIMITED 14 LOA 31MR26 FVRS100.
The interest earned from INE653Z07012 bond issued by Gnrc Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE653Z07012 bond issued by Gnrc Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
The INE653Z07012 Debenture is issued by Gnrc Limited, a Private Sector company.
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