The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE805W08013

Face value

₹100

Coupon rate

15%

Payment

Subject to Availability of Funds

Tax Type

Taxable

Issue Size (Cr)

141.54

Instrument Type

Debenture

Returns

High

Date of Issue

14 Sep 2018

Maturity Date

13 Sep 2026

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

None

Guarantee Type

Fully Convertible

About this Bond

INDUSTRIAL MINERALS AND CHEMICAL COMPANY PRIVATE LIMITED SERIES I 15 LOA 13SP26 FVRS100
Industrial Minerals And Chemical Company Private Limited, a Basic Chemicals company, has floated Debenture, having ISIN value as INE805W08013, with a face value of ₹100 rs on 14Sep18 to raise 141.54 crores. The debt instrument is issued with a coupon rate of 15% and its interest is paid Subject to Availability of Funds. 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 15% UNSECURED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF CONVERSION 13/09/2026. This instrument is issued in Rights Issue 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

15%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Basic Chemicals
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE805W08013 issued by Industrial Minerals And Chemical Company Private Limited

The instrument name of INE805W08013 ISIN is INDUSTRIAL MINERALS AND CHEMICAL COMPANY PRIVATE LIMITED SERIES I 15 LOA 13SP26 FVRS100.
The interest earned from INE805W08013 bond issued by Industrial Minerals And Chemical Company Private Limited is paid Subject to Availability of Funds, ensuring regular and consistent income for investors.
This INE805W08013 bond issued by Industrial Minerals And Chemical Company Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
The INE805W08013 Debenture is issued by Industrial Minerals And Chemical Company Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow