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Instrument Details

ISIN: INE200W07183

Face value

₹10,00,000

Coupon rate

12.60%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

32

Instrument Type

Debenture

Returns

High

Date of Issue

25 May 2018

Maturity Date

31 Dec 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-320 12.60 NCD 31DC24 FVRS10LAC
Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W07183, with a face value of ₹10,00,000 rs on 25May18 to raise 32 crores. The debt instrument is issued with a coupon rate of 12.60% 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 12.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. MEF SERIES DEBT INSTRUMENTS SERIES 1-320. DATE OF MATURITY 31/12/2024. 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. ICRA LIMITED has given BBB rating to this Debenture on 15Sep23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB
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Date Verified
19 Sep 2023
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Outlook
Positive
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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
25-May-18 : Your investment
₹63,00,000
25-Nov-18 : Interest
₹63,00,000
25-May-19 : Interest
₹63,00,000
25-Nov-19 : Interest
₹63,00,000
25-May-20 : Interest
₹63,00,000
25-Nov-20 : Interest
₹63,00,000
25-May-21 : Interest
₹63,00,000
25-Nov-21 : Interest
₹63,00,000
25-May-22 : Interest
₹63,00,000
25-Nov-22 : Interest
₹63,00,000
25-May-23 : Interest
₹63,00,000
25-Nov-23 : Interest
₹63,00,000
25-May-24 : Interest
₹63,00,000
25-Nov-24 : Interest
₹18,19,00,000
31-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,19,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

12.60%

Returns

High

Bond Rating

BBB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE200W07183 issued by Visage Holdings And Finance Private Limited

The instrument name of INE200W07183 ISIN is VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-320 12.60 NCD 31DC24 FVRS10LAC.
The interest earned from INE200W07183 bond issued by Visage Holdings And Finance Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE200W07183 bond issued by Visage Holdings And Finance Private Limited has been assigned a credit rating of BBB by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.6%, which determines the periodic interest payments made to bondholders.
The INE200W07183 Debenture is issued by Visage Holdings And Finance Private Limited, a Private Sector company.
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