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Instrument Details

ISIN: INE0DWX07017

Face value

₹1,00,00,000

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

62

Instrument Type

Debenture

Returns

High

Date of Issue

19 Aug 2020

Maturity Date

30 Jun 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

GRAND HILLS DEVELOPMENTS PRIVATE LIMITED SR-I 12 NCD 30JU23 FVRS1CR
Grand Hills Developments Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0DWX07017, with a face value of ₹1,00,00,000 rs on 19Aug20 to raise 62 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Quarterly. 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 REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I DATE OF MATURITY 30/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as PURVA OPEL PROPERTIES 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
Senior
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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
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
19-Aug-20 : Your investment
₹3,00,00,000
19-Nov-20 : Interest
₹3,00,00,000
19-Feb-21 : Interest
₹3,00,00,000
19-May-21 : Interest
₹3,00,00,000
19-Aug-21 : Interest
₹3,00,00,000
19-Nov-21 : Interest
₹3,00,00,000
19-Feb-22 : Interest
₹3,00,00,000
19-May-22 : Interest
₹3,00,00,000
19-Aug-22 : Interest
₹3,00,00,000
19-Nov-22 : Interest
₹3,00,00,000
19-Feb-23 : Interest
₹3,00,00,000
19-May-23 : Interest
-₹41,66,666
30-Jun-23 : Interest
₹1,32,58,33,333
30-Jun-23 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹32,58,33,333)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0DWX07017 issued by Grand Hills Developments Private Limited

The instrument name of INE0DWX07017 ISIN is GRAND HILLS DEVELOPMENTS PRIVATE LIMITED SR-I 12 NCD 30JU23 FVRS1CR.
The interest earned from INE0DWX07017 bond issued by Grand Hills Developments Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0DWX07017 bond issued by Grand Hills Developments Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE0DWX07017 Debenture is issued by Grand Hills Developments Private Limited, a Private Sector company.
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