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Instrument Details

ISIN: INE244S08229

Face value

₹1,00,000

Coupon rate

18.50%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

37.5

Instrument Type

Debenture

Returns

High

Date of Issue

09 Feb 2015

Maturity Date

18 Sep 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

B- (ICRA Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

MIRAYA REALTY PRIVATE LIMITED SR 2 18.5 NCD 18SP22 FVRS1LAC
Miraya Realty Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE244S08229, with a face value of ₹1,00,000 rs on 09Feb15 to raise 37.5 crores. The debt instrument is issued with a coupon rate of 18.50% and its interest is paid on Maturity. 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 18.5% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 2. DATE OF MATURITY 18/09/2022.. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given B- rating to this Debenture on 30Mar20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
B
High Risk
B-
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Date Verified
-
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Outlook
-
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

18.50%

Returns

High

Bond Rating

B-

Seniority in Repayment

Subordinate Tier 1

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 INE244S08229 issued by Miraya Realty Private Limited

The instrument name of INE244S08229 ISIN is MIRAYA REALTY PRIVATE LIMITED SR 2 18.5 NCD 18SP22 FVRS1LAC.
The interest earned from the INE244S08229 bond issued by Miraya Realty Private Limited is paid at the time of maturity
This INE244S08229 bond issued by Miraya Realty Private Limited has been assigned a credit rating of B- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 18.5%, which determines the periodic interest payments made to bondholders.
The INE244S08229 Debenture is issued by Miraya Realty Private Limited, a Private Sector company.
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