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Instrument Details

ISIN: INE01TJ07098

Face value

₹1,000

Coupon rate

14.67%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

9.98

Instrument Type

Debenture

Returns

High

Date of Issue

20 Jan 2022

Maturity Date

02 Jan 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RADIANCE REALTY DEVELOPERS INDIA LIMITED 14.67 BD 01FB24 FVRS1000
Radiance Realty Developers India Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE01TJ07098, with a face value of ₹1,000 rs on 20Jan22 to raise 9.98 crores. The debt instrument is issued with a coupon rate of 14.67% 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 14.67% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE BOND IN NATURE OF DEBENTURE. DATE OF MATURITY 01/02/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as NAPC PROPERTIES PRIVATE LIMITED, NAPC PROPERTIES 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
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
None
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
20-Jan-22 : Your investment
₹1,222
20-Feb-22 : Interest
₹1,222
20-Mar-22 : Interest
₹1,222
20-Apr-22 : Interest
₹1,222
20-May-22 : Interest
₹1,222
20-Jun-22 : Interest
₹1,222
20-Jul-22 : Interest
₹1,222
20-Aug-22 : Interest
₹1,222
20-Sep-22 : Interest
₹1,222
20-Oct-22 : Interest
₹1,222
20-Nov-22 : Interest
₹1,222
20-Dec-22 : Interest
₹1,222
20-Jan-23 : Interest
₹1,222
20-Feb-23 : Interest
₹1,222
20-Mar-23 : Interest
₹1,222
20-Apr-23 : Interest
₹1,222
20-May-23 : Interest
₹1,222
20-Jun-23 : Interest
₹1,222
20-Jul-23 : Interest
₹1,222
20-Aug-23 : Interest
₹1,222
20-Sep-23 : Interest
₹1,222
20-Oct-23 : Interest
₹1,222
20-Nov-23 : Interest
₹1,222
20-Dec-23 : Interest
-₹224
02-Jan-24 : Interest
₹1,27,893
02-Jan-24 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹27,893)

Summary

Instrument Attributes

Value

Coupon Rate

14.67%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE01TJ07098 issued by Radiance Realty Developers India Limited

The instrument name of INE01TJ07098 ISIN is RADIANCE REALTY DEVELOPERS INDIA LIMITED 14.67 BD 01FB24 FVRS1000.
The interest earned from INE01TJ07098 bond issued by Radiance Realty Developers India Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE01TJ07098 bond issued by Radiance Realty Developers India Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 14.67%, which determines the periodic interest payments made to bondholders.
The INE01TJ07098 Debenture is issued by Radiance Realty Developers India Limited, a Private Sector company.
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