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Instrument Details

ISIN: INE172G07245

Face value

₹9,75,000

Coupon rate

14%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

99.45

Instrument Type

Debenture

Returns

High

Date of Issue

02 Jul 2013

Maturity Date

30 Sep 2020

Perpetual

Yes

Listing Status

Listed

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

LAVASA CORPORATION LIMITED 14 NCD 30SP20 FVRS975000 - Defaulted in Redemption
Lavasa Corporation Limited, a Utilities company, has floated Debenture, having ISIN value as INE172G07245, with a face value of ₹9,75,000 rs on 02Jul13 to raise 99.45 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Semi 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 14% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/09/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 08Jul13. This debt instrument is Unrated. 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
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
₹9,75,000
Lot Size
100
Minimum Investment
₹9,75,00,000

Cashflow

₹9,75,00,000
02-Jul-13 : Your investment
₹68,25,000
02-Jan-14 : Interest
₹68,25,000
02-Jul-14 : Interest
₹68,25,000
02-Jan-15 : Interest
₹68,25,000
02-Jul-15 : Interest
₹68,25,000
02-Jan-16 : Interest
₹68,25,000
02-Jul-16 : Interest
₹68,25,000
02-Jan-17 : Interest
₹68,25,000
02-Jul-17 : Interest
₹68,25,000
02-Jan-18 : Interest
₹68,25,000
02-Jul-18 : Interest
₹68,25,000
02-Jan-19 : Interest
₹68,25,000
02-Jul-19 : Interest
₹68,25,000
02-Jan-20 : Interest
₹68,25,000
02-Jul-20 : Interest
₹14,02,916
30-Sep-20 : Interest
₹19,44,52,916
30-Sep-20 : Maturity amount (Investment: ₹9,75,00,000, Interest earned: ₹9,69,52,916)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

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 INE172G07245 issued by Lavasa Corporation Limited

The instrument name of INE172G07245 ISIN is LAVASA CORPORATION LIMITED 14 NCD 30SP20 FVRS975000 - Defaulted in Redemption.
The interest earned from INE172G07245 bond issued by Lavasa Corporation Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE172G07245 bond issued by Lavasa Corporation Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
The INE172G07245 Debenture is issued by Lavasa Corporation Limited, a Private Sector company.
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