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Instrument Details

ISIN: INE828R08015

Face value

₹100

Coupon rate

14%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

102

Instrument Type

Debenture

Returns

High

Date of Issue

22 Feb 2017

Maturity Date

21 Aug 2018

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

Senior

Guarantee Type

Fully Convertible

About this Bond

IND-BARATH ENERGY (UTKAL) LIMITED 14 LOA 21AG18 FVRS100
Ind-barath Energy (utkal) Limited, a Energy company, has floated Debenture, having ISIN value as INE828R08015, with a face value of ₹100 rs on 22Feb17 to raise 102 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Quarterly. 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 14% UNSECURED OPTIONALLY CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF CONVERSION 21/08/2018. 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
Senior
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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
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
22-Feb-17 : Your investment
₹350
22-May-17 : Interest
₹350
22-Aug-17 : Interest
₹350
22-Nov-17 : Interest
₹350
22-Feb-18 : Interest
₹350
22-May-18 : Interest
₹106
21-Aug-18 : Interest
₹11,856
21-Aug-18 : Maturity amount (Investment: ₹10,000, Interest earned: ₹1,856)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Energy
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE828R08015 issued by Ind-barath Energy (utkal) Limited

The instrument name of INE828R08015 ISIN is IND-BARATH ENERGY (UTKAL) LIMITED 14 LOA 21AG18 FVRS100.
The interest earned from INE828R08015 bond issued by Ind-barath Energy (utkal) Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE828R08015 bond issued by Ind-barath Energy (utkal) Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
The INE828R08015 Debenture is issued by Ind-barath Energy (utkal) Limited, a Private Sector company.
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