Instrument Details

ISIN: INE069I07439

Face value

₹10,00,000

Coupon rate

10.50%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

High

Date of Issue

23 Nov 2021

Maturity Date

23 Nov 2022

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (Infomerics Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

INDIABULLS REAL ESTATE LIMITED 10.50 LOA 23NV22 FVRS10LAC
Indiabulls Real Estate Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE069I07439, with a face value of ₹10,00,000 rs on 23Nov21 to raise 75 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid on Maturity. 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 10.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 23/11/2022. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Nov21. Infomerics Valuation and Rating Pvt. Ltd has given A+ rating to this Debenture on 31Mar23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
-
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10.50%

Returns

High

Bond Rating

A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Real Estate related services
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE069I07439 issued by Indiabulls Real Estate Limited

The instrument name of INE069I07439 ISIN is INDIABULLS REAL ESTATE LIMITED 10.50 LOA 23NV22 FVRS10LAC.
The interest earned from the INE069I07439 bond issued by Indiabulls Real Estate Limited is paid at the time of maturity
This INE069I07439 bond issued by Indiabulls Real Estate Limited has been assigned a credit rating of A+ by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.5%, which determines the periodic interest payments made to bondholders.
The INE069I07439 Debenture is issued by Indiabulls Real Estate Limited, a Private Sector company.