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Instrument Details

ISIN: INE915B07024

Face value

₹10,00,000

Coupon rate

10%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

425

Instrument Type

Debenture

Returns

High

Date of Issue

13 Jun 2018

Maturity Date

06 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

IND-SWIFT LABORATORIES LIMITED 10 LOA 12JU24 FVRS10LAC
Ind-swift Laboratories Limited, a Pharmaceuticals company, has floated Debenture, having ISIN value as INE915B07024, with a face value of ₹10,00,000 rs on 13Jun18 to raise 425 crores. The debt instrument is issued with a coupon rate of 10% and its interest is paid Monthly. 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% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES SINGLE. LETTER OF ALLOTMENT. DATE OF MATURITY 12/06/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 22Jun18. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 13Jun18. 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
check
Outlook
N/A
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Seniority in Repayment
Senior
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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
13-Jun-18 : Your investment
₹8,33,333
13-Jul-18 : Interest
₹8,33,333
13-Aug-18 : Interest
₹8,33,333
13-Sep-18 : Interest
₹8,33,333
13-Oct-18 : Interest
₹8,33,333
13-Nov-18 : Interest
₹8,33,333
13-Dec-18 : Interest
₹8,33,333
13-Jan-19 : Interest
₹8,33,333
13-Feb-19 : Interest
₹8,33,333
13-Mar-19 : Interest
₹8,33,333
13-Apr-19 : Interest
₹8,33,333
13-May-19 : Interest
₹8,33,333
13-Jun-19 : Interest
₹8,33,333
13-Jul-19 : Interest
₹8,33,333
13-Aug-19 : Interest
₹8,33,333
13-Sep-19 : Interest
₹8,33,333
13-Oct-19 : Interest
₹8,33,333
13-Nov-19 : Interest
₹8,33,333
13-Dec-19 : Interest
₹8,33,333
13-Jan-20 : Interest
₹8,33,333
13-Feb-20 : Interest
₹8,33,333
13-Mar-20 : Interest
₹8,33,333
13-Apr-20 : Interest
₹8,33,333
13-May-20 : Interest
₹8,33,333
13-Jun-20 : Interest
₹8,33,333
13-Jul-20 : Interest
₹8,33,333
13-Aug-20 : Interest
₹8,33,333
13-Sep-20 : Interest
₹8,33,333
13-Oct-20 : Interest
₹8,33,333
13-Nov-20 : Interest
₹8,33,333
13-Dec-20 : Interest
₹8,33,333
13-Jan-21 : Interest
₹8,33,333
13-Feb-21 : Interest
₹8,33,333
13-Mar-21 : Interest
₹8,33,333
13-Apr-21 : Interest
₹8,33,333
13-May-21 : Interest
₹8,33,333
13-Jun-21 : Interest
₹8,33,333
13-Jul-21 : Interest
₹8,33,333
13-Aug-21 : Interest
₹8,33,333
13-Sep-21 : Interest
₹8,33,333
13-Oct-21 : Interest
₹8,33,333
13-Nov-21 : Interest
₹8,33,333
13-Dec-21 : Interest
₹8,33,333
13-Jan-22 : Interest
₹8,33,333
13-Feb-22 : Interest
₹8,33,333
13-Mar-22 : Interest
₹8,33,333
13-Apr-22 : Interest
₹8,33,333
13-May-22 : Interest
₹8,33,333
13-Jun-22 : Interest
₹8,33,333
13-Jul-22 : Interest
₹8,33,333
13-Aug-22 : Interest
₹8,33,333
13-Sep-22 : Interest
₹8,33,333
13-Oct-22 : Interest
₹8,33,333
13-Nov-22 : Interest
₹8,33,333
13-Dec-22 : Interest
₹8,33,333
13-Jan-23 : Interest
₹8,33,333
13-Feb-23 : Interest
₹8,33,333
13-Mar-23 : Interest
₹8,33,333
13-Apr-23 : Interest
₹8,33,333
13-May-23 : Interest
₹8,33,333
13-Jun-23 : Interest
₹8,33,333
13-Jul-23 : Interest
₹8,33,333
13-Aug-23 : Interest
₹8,33,333
13-Sep-23 : Interest
₹8,33,333
13-Oct-23 : Interest
₹8,33,333
13-Nov-23 : Interest
₹8,33,333
13-Dec-23 : Interest
₹8,33,333
13-Jan-24 : Interest
₹8,33,333
13-Feb-24 : Interest
₹8,33,333
13-Mar-24 : Interest
₹8,33,333
13-Apr-24 : Interest
₹8,33,333
13-May-24 : Interest
₹8,33,333
13-Jun-24 : Interest
₹8,33,333
13-Jul-24 : Interest
₹8,33,333
13-Aug-24 : Interest
₹8,33,333
13-Sep-24 : Interest
₹8,33,333
13-Oct-24 : Interest
₹8,33,333
13-Nov-24 : Interest
₹13,888
06-Dec-24 : Interest
₹13,888
06-Dec-24 : Interest
₹16,41,94,444
06-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,41,94,444)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Pharmaceuticals
Head Office
HEAD OFFICE
Chandigarh
Sector name
SECTOR
Healthcare
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE915B07024 issued by Ind-swift Laboratories Limited

The instrument name of INE915B07024 ISIN is IND-SWIFT LABORATORIES LIMITED 10 LOA 12JU24 FVRS10LAC.
The interest earned from INE915B07024 bond issued by Ind-swift Laboratories Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE915B07024 bond issued by Ind-swift Laboratories 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 Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE915B07024 Debenture is issued by Ind-swift Laboratories Limited, a Private Sector company.
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