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Instrument Details

ISIN: INE05CV08072

Face value

₹100

Coupon rate

12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

60

Instrument Type

Debenture

Returns

High

Date of Issue

24 Apr 2019

Maturity Date

24 Apr 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

PERUNGUDI REAL ESTATES PRIVATE LIMITED SERIES A 12 NCD 24AP24 FVRS100
Perungudi Real Estates Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05CV08072, with a face value of ₹100 rs on 24Apr19 to raise 60 crores. The debt instrument is issued with a coupon rate of 12% and its interest is paid Annually. 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 12% UNSECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 24/04/2024. 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. ICRA LIMITED has given BBB+ rating to this Debenture on 11Jan19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB+
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Date Verified
22 May 2019
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Outlook
Stable
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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
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
24-Apr-19 : Your investment
₹1,200
24-Apr-20 : Interest
₹1,200
24-Apr-21 : Interest
₹1,200
24-Apr-22 : Interest
₹1,200
24-Apr-23 : Interest
₹1,200
24-Apr-24 : Interest
₹16,000
24-Apr-24 : Maturity amount (Investment: ₹10,000, Interest earned: ₹6,000)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE05CV08072 issued by Perungudi Real Estates Private Limited

The instrument name of INE05CV08072 ISIN is PERUNGUDI REAL ESTATES PRIVATE LIMITED SERIES A 12 NCD 24AP24 FVRS100.
The interest earned from INE05CV08072 bond issued by Perungudi Real Estates Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE05CV08072 bond issued by Perungudi Real Estates Private Limited has been assigned a credit rating of BBB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE05CV08072 Debenture is issued by Perungudi Real Estates Private Limited, a Private Sector company.
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