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Instrument Details

ISIN: INE277L07036

Face value

₹1,000

Coupon rate

1.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

12.5

Instrument Type

Debenture

Returns

Low

Date of Issue

24 Aug 2016

Maturity Date

28 Aug 2019

Perpetual

Yes

Listing Status

Listed

Rating status

D (ICRA Ratings)

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

FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 1.25 NCD 28AG19 FVRS1000
Fortis Healthcare Holdings Private Limited, a Finance company, has floated Debenture, having ISIN value as INE277L07036, with a face value of ₹1,000 rs on 24Aug16 to raise 12.5 crores. The debt instrument is issued with a coupon rate of 1.25% and its interest is paid 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 1.25% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/08/2019. 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 06Sep16. ICRA LIMITED has given D rating to this Debenture on 17Nov23. This issuer is formerly known as FORTIS HEALTHCARE HOLDINGS 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
D
Default or Expect to Default
D
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Date Verified
20 Nov 2023
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Outlook
No Outlook
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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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
24-Aug-16 : Your investment
₹1,250
24-Aug-17 : Interest
₹1,250
24-Aug-18 : Interest
₹1,250
24-Aug-19 : Interest
₹1,03,750
28-Aug-19 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹3,750)

Summary

Instrument Attributes

Value

Coupon Rate

1.25%

Returns

Low

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE277L07036 issued by Fortis Healthcare Holdings Private Limited

The instrument name of INE277L07036 ISIN is FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 1.25 NCD 28AG19 FVRS1000.
The interest earned from INE277L07036 bond issued by Fortis Healthcare Holdings Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE277L07036 bond issued by Fortis Healthcare Holdings Private Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 1.25%, which determines the periodic interest payments made to bondholders.
The INE277L07036 Debenture is issued by Fortis Healthcare Holdings Private Limited, a Private Sector company.
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