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Instrument Details

ISIN: INE727M09075

Face value

₹1,00,000

Coupon rate

10.15%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

15.1

Instrument Type

Bond

Returns

High

Date of Issue

18 Feb 2013

Maturity Date

18 Feb 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

IFCI VENTURE CAPITAL FUNDS LIMITED 10.15 BD 18FB23 FVRS1LAC
Ifci Venture Capital Funds Limited, a Utilities company, has floated Bond, having ISIN value as INE727M09075, with a face value of ₹1,00,000 rs on 18Feb13 to raise 15.1 crores. The debt instrument is issued with a coupon rate of 10.15% 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 Bond is 10.15% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF PROMISSORY NOTES. DATE OF MATURITY: 18/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 26Feb13. CARE Ratings Limited has given WITHDRAWN rating to this Bond on 18Feb13. This issuer is formerly known as RISK CAPITAL & TECHNOLOGY FINANCE CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Bond. 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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
18-Feb-13 : Your investment
₹10,15,000
18-Feb-14 : Interest
₹10,15,000
18-Feb-15 : Interest
₹10,15,000
18-Feb-16 : Interest
₹10,15,000
18-Feb-17 : Interest
₹10,15,000
18-Feb-18 : Interest
₹10,15,000
18-Feb-19 : Interest
₹10,15,000
18-Feb-20 : Interest
₹10,15,000
18-Feb-21 : Interest
₹10,15,000
18-Feb-22 : Interest
₹10,15,000
18-Feb-23 : Interest
₹2,01,50,000
18-Feb-23 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹1,01,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.15%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE727M09075 issued by Ifci Venture Capital Funds Limited

The instrument name of INE727M09075 ISIN is IFCI VENTURE CAPITAL FUNDS LIMITED 10.15 BD 18FB23 FVRS1LAC.
The interest earned from INE727M09075 bond issued by Ifci Venture Capital Funds Limited is paid Annually, ensuring regular and consistent income for investors.
This INE727M09075 bond issued by Ifci Venture Capital Funds Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 10.15%, which determines the periodic interest payments made to bondholders.
The INE727M09075 Bond is issued by Ifci Venture Capital Funds Limited, a Private Sector company.
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