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: INE0CL708046

Face value

₹100

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

Low

Date of Issue

03 Nov 2021

Maturity Date

11 Feb 2031

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

MESINDUS VENTURES LIMITED OCD 02NV31 FVRS100
Mesindus Ventures Limited, a IT Enabled Services company, has floated Debenture, having ISIN value as INE0CL708046, with a face value of ₹100 rs on 03Nov21 to raise 10 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 UNRATED UNLITSED OPTIONALLY CONVERTIBLE DEBENTURE.DATE OF MATURITY 02/11/2031. This instrument is issued in Rights Issue 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 MESINDUS VENTURES 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

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
IT Enabled Services
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Information Technology
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0CL708046 issued by Mesindus Ventures Limited

The instrument name of INE0CL708046 ISIN is MESINDUS VENTURES LIMITED OCD 02NV31 FVRS100.
Never, as INE0CL708046 bond issued by Mesindus Ventures Limited is a Zero-coupon bond.
This INE0CL708046 bond issued by Mesindus Ventures Limited does not currently have an assigned credit rating
The coupon rate of INE0CL708046 bond issued by Mesindus Ventures Limited is 0%.
The INE0CL708046 Debenture is issued by Mesindus Ventures 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