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Instrument Details

ISIN: INE085X08010

Face value

₹100

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

1.54

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Dec 2017

Maturity Date

28 Dec 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

SPEEDAGE TRADE LIMITED LOA 28DC22 FVRS100
Speedage Trade Limited, a Utilities company, has floated Debenture, having ISIN value as INE085X08010, with a face value of ₹100 rs on 29Dec17 to raise 1.54 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 ZERO COUPON UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF CONVERSION 28/12/2022. 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
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
Utilities
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE085X08010 issued by Speedage Trade Limited

The instrument name of INE085X08010 ISIN is SPEEDAGE TRADE LIMITED LOA 28DC22 FVRS100.
Never, as INE085X08010 bond issued by Speedage Trade Limited is a Zero-coupon bond.
This INE085X08010 bond issued by Speedage Trade Limited does not currently have an assigned credit rating
The coupon rate of INE085X08010 bond issued by Speedage Trade Limited is 0%.
The INE085X08010 Debenture is issued by Speedage Trade Limited, a Private Sector company.
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