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Instrument Details

ISIN: INE003L07168

Face value

₹8,70,920

Coupon rate

G SEC LINK

Payment

Subject to Availability of Funds

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Mar 2021

Maturity Date

28 Apr 2023

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD C (Acuite Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED SR 2 BR NCD 28AP23 FVRS870920
Embassy Property Developments Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE003L07168, with a face value of ₹8,70,920 rs on 26Mar21 to raise 200 crores. The debt instrument is issued with a coupon rate of G SEC LINK 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 Secured Debenture is 10YEAR GSEC LINKED SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES. SERIES 2.DATE OF MATURITY 28/04/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 01Apr21. Acuite Ratings And Research Limited has given PP-MLD C rating to this Debenture on 27Mar21. This issuer is formerly known as EMBASSY PROPERTY DEVELOPMENTS LIMITED, EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
C
Very High Risk
PP-MLD C
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Date Verified
13 Dec 2022
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

G SEC LINK

Returns

Linked to Markets

Bond Rating

PP-MLD C

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE003L07168 issued by Embassy Property Developments Private Limited

The instrument name of INE003L07168 ISIN is EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED SR 2 BR NCD 28AP23 FVRS870920.
The interest earned from INE003L07168 bond issued by Embassy Property Developments Private Limited is paid Subject to Availability of Funds, ensuring regular and consistent income for investors.
This INE003L07168 bond issued by Embassy Property Developments Private Limited has been assigned a credit rating of PP-MLD C by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE003L07168 bond issued by Embassy Property Developments Private Limited is G SEC LINK.
The INE003L07168 Debenture is issued by Embassy Property Developments Private Limited, a Private Sector company.
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