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Instrument Details

ISIN: INE0CN408017

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

0.6

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Dec 2020

Maturity Date

25 Dec 2021

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 2-Lower

Guarantee Type

Fully Convertible

About this Bond

ICS EDUCATION LIMITED CCD 25DC21 FVRS10
Ics Education Limited, has floated Debenture, having ISIN value as INE0CN408017, with a face value of ₹10 rs on 26Dec20 to raise 0.6 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES.DATE OF CONVERSION 25/12/2021. 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. This issuer is formerly known as ICS INFOTECH 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
Subordinate Tier 2-Lower
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 2-Lower

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
Lucknow
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE0CN408017 issued by Ics Education Limited

The instrument name of INE0CN408017 ISIN is ICS EDUCATION LIMITED CCD 25DC21 FVRS10.
Never, as INE0CN408017 bond issued by Ics Education Limited is a Zero-coupon bond.
This INE0CN408017 bond issued by Ics Education Limited does not currently have an assigned credit rating
The coupon rate of INE0CN408017 bond issued by Ics Education Limited is 0%.
The INE0CN408017 Debenture is issued by Ics Education Limited, a Private Sector company.
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