Instrument Details

ISIN: INE952A07045

Face value

₹10,00,000

Coupon rate

10.40%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

High

Date of Issue

03 Feb 2012

Maturity Date

02 Mar 2022

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD 10.4 LOA 03FB22 FVRS10LAC - Defaulted in Redemption
Hindusthan National Glass & Industries Ltd, a Industrial company, has floated Debenture, having ISIN value as INE952A07045, with a face value of ₹10,00,000 rs on 03Feb12 to raise 100 crores. The debt instrument is issued with a coupon rate of 10.40% 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 Secured Debenture is 10.40% Secured Non-Convertible Debenture. Letter of Allotment. Date of Maturity 03/02/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 08May12. CARE Ratings Limited has given D rating to this Debenture on 03Feb12. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
check
Date Verified
07 Jul 2023
check
Outlook
No Outlook
logo
Seniority in Repayment
None
logo
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
03-Feb-12 : Your investment
₹1,04,00,000
03-Feb-13 : Interest
₹1,04,00,000
03-Feb-14 : Interest
₹1,04,00,000
03-Feb-15 : Interest
₹1,04,00,000
03-Feb-16 : Interest
₹1,04,00,000
03-Feb-17 : Interest
₹1,04,00,000
03-Feb-18 : Interest
₹1,04,00,000
03-Feb-19 : Interest
₹1,04,00,000
03-Feb-20 : Interest
₹1,04,00,000
03-Feb-21 : Interest
₹1,04,00,000
03-Feb-22 : Interest
₹20,40,00,000
02-Mar-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,40,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.40%

Returns

High

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE952A07045 issued by Hindusthan National Glass & Industries Ltd

The instrument name of INE952A07045 ISIN is HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD 10.4 LOA 03FB22 FVRS10LAC - Defaulted in Redemption.
The interest earned from INE952A07045 bond issued by Hindusthan National Glass & Industries Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE952A07045 bond issued by Hindusthan National Glass & Industries Ltd has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.4%, which determines the periodic interest payments made to bondholders.
The INE952A07045 Debenture is issued by Hindusthan National Glass & Industries Ltd, a Private Sector company.