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Instrument Details

ISIN: INE163K07097

Face value

₹10,00,000

Coupon rate

7.55%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Medium

Date of Issue

29 Nov 2021

Maturity Date

29 Nov 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

PHOENIX ARC PRIVATE LIMITED SR II 7.55 NCD 29NV24 FVRS10LAC
Phoenix Arc Private Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE163K07097, with a face value of ₹10,00,000 rs on 29Nov21 to raise 50 crores. The debt instrument is issued with a coupon rate of 7.55% 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 7.55% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IIDATE OF MATURITY 29/11/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 30Nov21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 17Nov21. This issuer is formerly known as PHOENIX ARC LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
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Date Verified
30 Nov 2021
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Outlook
Stable
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Seniority in Repayment
Senior
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
29-Nov-21 : Your investment
₹75,50,000
29-Nov-22 : Interest
₹75,50,000
29-Nov-23 : Interest
₹75,50,000
29-Nov-24 : Interest
₹12,26,50,000
29-Nov-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,26,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.55%

Returns

Medium

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE163K07097 issued by Phoenix Arc Private Limited

The instrument name of INE163K07097 ISIN is PHOENIX ARC PRIVATE LIMITED SR II 7.55 NCD 29NV24 FVRS10LAC.
The interest earned from INE163K07097 bond issued by Phoenix Arc Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE163K07097 bond issued by Phoenix Arc Private Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.55%, which determines the periodic interest payments made to bondholders.
The INE163K07097 Debenture is issued by Phoenix Arc Private Limited, a Private Sector company.
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