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6% Hero Solar Energy Private Limited (INE316W08011)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE316W08011
Face value
₹100
Coupon rate
6%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
83.5
Instrument Type
Debenture
Returns
Medium
Date of Issue
19 Jul 2018
Maturity Date
19 Jul 2038
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
Subordinate Tier 1
Guarantee Type
Fully Convertible
About this Bond
HERO SOLAR ENERGY PRIVATE LIMITED SR I 6 CCD 19JL38 FVRS100
Hero Solar Energy Private Limited, a Electric Utilities company, has floated Debenture,
having ISIN value as INE316W08011, with a face value of ₹100 rs on 19Jul18 to raise 83.5 crores. The debt instrument
is issued with a coupon rate of 6% 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 6% UNSECURED UNLISTED UNRATED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 19/07/2038. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Full Redemption 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)
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
19-Jul-18 : Your investment
₹600
19-Jul-19 : Interest
₹600
19-Jul-20 : Interest
₹600
19-Jul-21 : Interest
₹600
19-Jul-22 : Interest
₹600
19-Jul-23 : Interest
₹600
19-Jul-24 : Interest
₹600
19-Jul-25 : Interest
₹600
19-Jul-26 : Interest
₹600
19-Jul-27 : Interest
₹600
19-Jul-28 : Interest
₹600
19-Jul-29 : Interest
₹600
19-Jul-30 : Interest
₹600
19-Jul-31 : Interest
₹600
19-Jul-32 : Interest
₹600
19-Jul-33 : Interest
₹600
19-Jul-34 : Interest
₹600
19-Jul-35 : Interest
₹600
19-Jul-36 : Interest
₹600
19-Jul-37 : Interest
₹600
19-Jul-38 : Interest
₹22,000
19-Jul-38 : Maturity amount (Investment: ₹10,000, Interest earned: ₹12,000)
Summary
Instrument Attributes
Value
Coupon Rate
6%
Returns
Medium
Bond Rating
Unrated
Seniority in Repayment
Subordinate Tier 1
Instrument Category
Fully Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Electric Utilities
HEAD OFFICE
New Delhi
SECTOR
Power
ISSUER OWNERSHIP
Private Sector
Other Bonds of Hero Solar Energy Private Limited
FAQs about INE316W08011 issued by Hero Solar Energy Private Limited
What is the instrument name of INE316W08011 ISIN?
The instrument name of INE316W08011 ISIN is HERO SOLAR ENERGY PRIVATE LIMITED SR I 6 CCD 19JL38 FVRS100.
How frequently is the interest paid on INE316W08011 bond issued by Hero Solar Energy Private Limited?
The interest earned from INE316W08011 bond issued by Hero Solar Energy Private Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE316W08011 bond issued by Hero Solar Energy Private Limited?
This INE316W08011 bond issued by Hero Solar Energy Private Limited does not currently have an assigned credit rating
What is the coupon rate of INE316W08011 bond issued by Hero Solar Energy Private Limited?
This Debenture offers a coupon rate of 6%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE316W08011 Debenture?
The INE316W08011 Debenture is issued by Hero Solar Energy Private Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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