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Instrument Details

ISIN: INE200W07209

Face value

₹10,00,000

Coupon rate

14%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

High

Date of Issue

31 Dec 2021

Maturity Date

31 Dec 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-200 14 NCD 31DC24 FVRS10LAC
Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W07209, with a face value of ₹10,00,000 rs on 31Dec21 to raise 20 crores. The debt instrument is issued with a coupon rate of 14% and its interest is paid Quarterly. 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 RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. VAM DEBT INSTRUMENT SERIES 1-200.DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given BBB rating to this Debenture on 21Dec21. 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
31 Mar 2023
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Outlook
Positive
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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
31-Dec-21 : Your investment
₹35,00,000
31-Mar-22 : Interest
₹35,00,000
01-Jul-22 : Interest
₹35,00,000
01-Oct-22 : Interest
₹35,00,000
01-Jan-23 : Interest
₹35,00,000
01-Apr-23 : Interest
₹35,00,000
01-Jul-23 : Interest
₹35,00,000
01-Oct-23 : Interest
₹35,00,000
01-Jan-24 : Interest
₹35,00,000
01-Apr-24 : Interest
₹35,00,000
01-Jul-24 : Interest
₹35,00,000
01-Oct-24 : Interest
₹14,97,222
31-Dec-24 : Interest
₹13,99,97,222
31-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,99,97,222)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

BBB

Seniority in Repayment

Senior

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 INE200W07209 issued by Visage Holdings And Finance Private Limited

The instrument name of INE200W07209 ISIN is VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-200 14 NCD 31DC24 FVRS10LAC.
The interest earned from INE200W07209 bond issued by Visage Holdings And Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE200W07209 bond issued by Visage Holdings And Finance Private Limited has been assigned a credit rating of BBB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
The INE200W07209 Debenture is issued by Visage Holdings And Finance Private Limited, a Private Sector company.
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