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: INE02EC08067

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

95.6

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Apr 2021

Maturity Date

28 Apr 2041

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

RELIANCE COMMERCIAL DEALERS LIMITED SR F OCD 28AP41 FVRS10
Reliance Commercial Dealers Limited, a Transport Related Services company, has floated Debenture, having ISIN value as INE02EC08067, with a face value of ₹10 rs on 29Apr21 to raise 95.6 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 UNSECURED UNLISTED UNRATED OPTIONALLY CONVERTIBLE DEBENTURES.SERIES F. DATE OF CONVERSION 28/04/2041. This instrument is issued in Private Placement 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 RELIANCE COMMERCIAL DEALERS 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
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

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Transport Related Services
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE02EC08067 issued by Reliance Commercial Dealers Limited

The instrument name of INE02EC08067 ISIN is RELIANCE COMMERCIAL DEALERS LIMITED SR F OCD 28AP41 FVRS10.
Never, as INE02EC08067 bond issued by Reliance Commercial Dealers Limited is a Zero-coupon bond.
This INE02EC08067 bond issued by Reliance Commercial Dealers Limited does not currently have an assigned credit rating
The coupon rate of INE02EC08067 bond issued by Reliance Commercial Dealers Limited is 0%.
The INE02EC08067 Debenture is issued by Reliance Commercial Dealers 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