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Instrument Details

ISIN: INE200W08041

Face value

₹10,00,000

Coupon rate

15.20%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

7.5

Instrument Type

Debenture

Returns

High

Date of Issue

24 Jan 2019

Maturity Date

24 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-75 15.20 NCD 24JN25 FVRS10LAC
Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W08041, with a face value of ₹10,00,000 rs on 24Jan19 to raise 7.5 crores. The debt instrument is issued with a coupon rate of 15.20% 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 Unsecured Debenture is 15.20% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES A. MATURITY DATE - 24/01/2025. 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 12Feb19. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 11Sep19. 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
Subordinate Tier 2
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Security
Unsecured
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
24-Jan-19 : Your investment
₹38,00,000
24-Apr-19 : Interest
₹38,00,000
24-Jul-19 : Interest
₹38,00,000
24-Oct-19 : Interest
₹38,00,000
24-Jan-20 : Interest
₹38,00,000
24-Apr-20 : Interest
₹38,00,000
24-Jul-20 : Interest
₹38,00,000
24-Oct-20 : Interest
₹38,00,000
24-Jan-21 : Interest
₹38,00,000
24-Apr-21 : Interest
₹38,00,000
24-Jul-21 : Interest
₹38,00,000
24-Oct-21 : Interest
₹38,00,000
24-Jan-22 : Interest
₹38,00,000
24-Apr-22 : Interest
₹38,00,000
24-Jul-22 : Interest
₹38,00,000
24-Oct-22 : Interest
₹38,00,000
24-Jan-23 : Interest
₹38,00,000
24-Apr-23 : Interest
₹38,00,000
24-Jul-23 : Interest
₹38,00,000
24-Oct-23 : Interest
₹38,00,000
24-Jan-24 : Interest
₹38,00,000
24-Apr-24 : Interest
₹38,00,000
24-Jul-24 : Interest
₹38,00,000
24-Oct-24 : Interest
₹38,00,000
24-Jan-25 : Interest
₹19,12,00,000
24-Jan-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,12,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

15.20%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Subordinate Tier 2

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 INE200W08041 issued by Visage Holdings And Finance Private Limited

The instrument name of INE200W08041 ISIN is VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-75 15.20 NCD 24JN25 FVRS10LAC.
The interest earned from INE200W08041 bond issued by Visage Holdings And Finance Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE200W08041 bond issued by Visage Holdings And Finance Private 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 15.2%, which determines the periodic interest payments made to bondholders.
The INE200W08041 Debenture is issued by Visage Holdings And Finance Private Limited, a Private Sector company.
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