Instrument Details

ISIN: INE03U608016

Face value

₹1,000

Coupon rate

6.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

44

Instrument Type

Debenture

Returns

Medium

Date of Issue

17 Sep 2018

Maturity Date

17 Sep 2023

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

None

Guarantee Type

Non Convertible

About this Bond

HOOGHLY COCHIN SHIPYARD LIMITED 6.50 NCD 17SP23 FVRS1000
Hooghly Cochin Shipyard Limited, a Utilities company, has floated Debenture, having ISIN value as INE03U608016, with a face value of ₹1,000 rs on 17Sep18 to raise 44 crores. The debt instrument is issued with a coupon rate of 6.50% 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 6.50% UNSECURED UN-RATED UNLISTED NON CONVERTIBLE DEBENTURES . DATE OF MATURITY  17/09/2023. This instrument is issued in Private Placement mode. It has Simple 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)

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
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
17-Sep-18 : Your investment
₹6,500
17-Sep-19 : Interest
₹6,500
17-Sep-20 : Interest
₹6,500
17-Sep-21 : Interest
₹6,500
17-Sep-22 : Interest
₹6,500
17-Sep-23 : Interest
₹1,32,500
17-Sep-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹32,500)

Summary

Instrument Attributes

Value

Coupon Rate

6.50%

Returns

Medium

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE03U608016 issued by Hooghly Cochin Shipyard Limited

The instrument name of INE03U608016 ISIN is HOOGHLY COCHIN SHIPYARD LIMITED 6.50 NCD 17SP23 FVRS1000.
The interest earned from INE03U608016 bond issued by Hooghly Cochin Shipyard Limited is paid Annually, ensuring regular and consistent income for investors.
This INE03U608016 bond issued by Hooghly Cochin Shipyard Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 6.5%, which determines the periodic interest payments made to bondholders.
The INE03U608016 Debenture is issued by Hooghly Cochin Shipyard Limited, a Private Sector company.