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Instrument Details

ISIN: INE172G07179

Face value

₹10,00,000

Coupon rate

9%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

250

Instrument Type

Debenture

Returns

High

Date of Issue

06 Jan 2012

Maturity Date

01 Jun 2015

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

LAVASA CORPORATION LIMITED 9 NCD 06JN15 FVRS10LAC
Lavasa Corporation Limited, a Utilities company, has floated Debenture, having ISIN value as INE172G07179, with a face value of ₹10,00,000 rs on 06Jan12 to raise 250 crores. The debt instrument is issued with a coupon rate of 9% 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 9% Secured Non-Convertible Debenture. Date of Maturity 06/01/2015. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 18Jun12. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 05Aug19. This issuer is formerly known as THE LAKE CITY CORPORATION 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
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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
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
06-Jan-12 : Your investment
₹90,00,000
06-Jan-13 : Interest
₹90,00,000
06-Jan-14 : Interest
₹90,00,000
06-Jan-15 : Interest
₹12,70,00,000
01-Jun-15 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,70,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE172G07179 issued by Lavasa Corporation Limited

The instrument name of INE172G07179 ISIN is LAVASA CORPORATION LIMITED 9 NCD 06JN15 FVRS10LAC.
The interest earned from INE172G07179 bond issued by Lavasa Corporation Limited is paid Annually, ensuring regular and consistent income for investors.
This INE172G07179 bond issued by Lavasa Corporation Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9%, which determines the periodic interest payments made to bondholders.
The INE172G07179 Debenture is issued by Lavasa Corporation Limited, a Private Sector company.
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