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Instrument Details

ISIN: INE277L07093

Face value

₹10,00,000

Coupon rate

7%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Medium

Date of Issue

16 Aug 2017

Maturity Date

14 Aug 2018

Perpetual

Yes

Listing Status

Listed

Rating status

D (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 7 NCD 14AG18 FVRS10LAC
Fortis Healthcare Holdings Private Limited, a Finance company, has floated Debenture, having ISIN value as INE277L07093, with a face value of ₹10,00,000 rs on 16Aug17 to raise 150 crores. The debt instrument is issued with a coupon rate of 7% 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 7% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURTIY 14/08/2018. 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 29Aug17. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
16-Aug-17 : Your investment
₹17,50,000
16-Nov-17 : Interest
₹17,50,000
16-Feb-18 : Interest
₹17,50,000
16-May-18 : Interest
₹4,95,833
14-Aug-18 : Interest
₹10,57,45,833
14-Aug-18 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹57,45,833)

Summary

Instrument Attributes

Value

Coupon Rate

7%

Returns

Medium

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 INE277L07093 issued by Fortis Healthcare Holdings Private Limited

The instrument name of INE277L07093 ISIN is FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 7 NCD 14AG18 FVRS10LAC.
The interest earned from INE277L07093 bond issued by Fortis Healthcare Holdings Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE277L07093 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 7%, which determines the periodic interest payments made to bondholders.
The INE277L07093 Debenture is issued by Fortis Healthcare Holdings Private Limited, a Private Sector company.
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