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: INE920Q08038

Face value

₹1,000

Coupon rate

0%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

24.29

Instrument Type

Debenture

Returns

Low

Date of Issue

14 Mar 2022

Maturity Date

13 Mar 2029

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Fully Convertible

About this Bond

GOLD PLUS GLASS INDUSTRY LIMITED SR B 0.001 CCD 13MR29 FVRS1000
Gold Plus Glass Industry Limited, a Glass - Industrial company, has floated Debenture, having ISIN value as INE920Q08038, with a face value of ₹1,000 rs on 14Mar22 to raise 24.29 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 0.001% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE.SERIES B.DATE OF CONVERSION 13/03/2029. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Senior
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
14-Mar-22 : Your investment
₹0
14-Mar-23 : Interest
₹0
14-Mar-24 : Interest
₹0
14-Mar-25 : Interest
₹0
14-Mar-26 : Interest
₹0
14-Mar-27 : Interest
₹0
14-Mar-28 : Interest
₹0
13-Mar-29 : Interest
₹1,00,000
13-Mar-29 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹0)

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Glass - Industrial
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Capital Goods
Issuer ownership
ISSUER OWNERSHIP
Private Sector
wm-logo

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

4.3

Rating

rating

Rated ★ 4.3+ on

playstoreappstore

Download the App

appstore
playstore
wm-qr

FAQs about INE920Q08038 issued by Gold Plus Glass Industry Limited

The instrument name of INE920Q08038 ISIN is GOLD PLUS GLASS INDUSTRY LIMITED SR B 0.001 CCD 13MR29 FVRS1000.
The interest earned from INE920Q08038 bond issued by Gold Plus Glass Industry Limited is paid Annually, ensuring regular and consistent income for investors.
This INE920Q08038 bond issued by Gold Plus Glass Industry Limited does not currently have an assigned credit rating
The coupon rate of INE920Q08038 bond issued by Gold Plus Glass Industry Limited is 0%.
The INE920Q08038 Debenture is issued by Gold Plus Glass Industry Limited, a Private Sector company.
qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments