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Instrument Details

ISIN: INE04WF07342

Face value

₹1,000

Coupon rate

RESET RATE - REFER REMARKS

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

1.985

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

05 Jun 2018

Maturity Date

06 May 2028

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BRD SECURITIES LTD SERIES BI RR NCD 05JU28 FVRS1000
Brd Securities Ltd, a Utilities company, has floated Debenture, having ISIN value as INE04WF07342, with a face value of ₹1,000 rs on 05Jun18 to raise 1.985 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES BI - MONTHLY. DATE OF MATURITY 05/06/2028. 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. 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

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE - REFER REMARKS

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE04WF07342 issued by Brd Securities Ltd

The instrument name of INE04WF07342 ISIN is BRD SECURITIES LTD SERIES BI RR NCD 05JU28 FVRS1000.
The interest earned from INE04WF07342 bond issued by Brd Securities Ltd is paid Monthly, ensuring regular and consistent income for investors.
This INE04WF07342 bond issued by Brd Securities Ltd does not currently have an assigned credit rating
The coupon rate of INE04WF07342 bond issued by Brd Securities Ltd is RESET RATE - REFER REMARKS.
The INE04WF07342 Debenture is issued by Brd Securities Ltd, a Private Sector company.
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