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Instrument Details

ISIN: INE282A07047

Face value

₹10,00,000

Coupon rate

11.35%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

High

Date of Issue

25 Mar 2010

Maturity Date

25 Mar 2020

Perpetual

Yes

Listing Status

Listed

Rating status

Suspended (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ESSAR SHIPPING LIMITED 11.35 LOA 25MR20 FVRS10LAC
Essar Shipping Limited, a Utilities company, has floated Debenture, having ISIN value as INE282A07047, with a face value of ₹10,00,000 rs on 25Mar10 to raise 200 crores. The debt instrument is issued with a coupon rate of 11.35% 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 11.35% Secured Non Convertible Debentures. Letter of Allotment. Date of Maturity : 25/03/2020. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 16Mar12 & on BSE stock exchange on 16Mar12. CARE Ratings Limited has given Suspended rating to this Debenture on 03Apr15. This issuer is formerly known as ESSAR PORTS & TERMINALS 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
N/A
Not Rated
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Date Verified
N/A
check
Outlook
N/A
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Seniority in Repayment
None
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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
25-Mar-10 : Your investment
₹28,37,500
25-Jun-10 : Interest
₹28,37,500
25-Sep-10 : Interest
₹28,37,500
25-Dec-10 : Interest
₹28,37,500
25-Mar-11 : Interest
₹28,37,500
25-Jun-11 : Interest
₹28,37,500
25-Sep-11 : Interest
₹28,37,500
25-Dec-11 : Interest
₹28,37,500
25-Mar-12 : Interest
₹28,37,500
25-Jun-12 : Interest
₹28,37,500
25-Sep-12 : Interest
₹28,37,500
25-Dec-12 : Interest
₹28,37,500
25-Mar-13 : Interest
₹28,37,500
25-Jun-13 : Interest
₹28,37,500
25-Sep-13 : Interest
₹28,37,500
25-Dec-13 : Interest
₹28,37,500
25-Mar-14 : Interest
₹28,37,500
25-Jun-14 : Interest
₹28,37,500
25-Sep-14 : Interest
₹28,37,500
25-Dec-14 : Interest
₹28,37,500
25-Mar-15 : Interest
₹28,37,500
25-Jun-15 : Interest
₹28,37,500
25-Sep-15 : Interest
₹28,37,500
25-Dec-15 : Interest
₹28,37,500
25-Mar-16 : Interest
₹28,37,500
25-Jun-16 : Interest
₹28,37,500
25-Sep-16 : Interest
₹28,37,500
25-Dec-16 : Interest
₹28,37,500
25-Mar-17 : Interest
₹28,37,500
25-Jun-17 : Interest
₹28,37,500
25-Sep-17 : Interest
₹28,37,500
25-Dec-17 : Interest
₹28,37,500
25-Mar-18 : Interest
₹28,37,500
25-Jun-18 : Interest
₹28,37,500
25-Sep-18 : Interest
₹28,37,500
25-Dec-18 : Interest
₹28,37,500
25-Mar-19 : Interest
₹28,37,500
25-Jun-19 : Interest
₹28,37,500
25-Sep-19 : Interest
₹28,37,500
25-Dec-19 : Interest
₹28,37,500
25-Mar-20 : Interest
-₹4,57,152
25-Mar-20 : Interest
₹21,30,42,847
25-Mar-20 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹11,30,42,847)

Summary

Instrument Attributes

Value

Coupon Rate

11.35%

Returns

High

Bond Rating

Suspended

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Jamnagar
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE282A07047 issued by Essar Shipping Limited

The instrument name of INE282A07047 ISIN is ESSAR SHIPPING LIMITED 11.35 LOA 25MR20 FVRS10LAC.
The interest earned from INE282A07047 bond issued by Essar Shipping Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE282A07047 bond issued by Essar Shipping Limited has been assigned a credit rating of Suspended by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.35%, which determines the periodic interest payments made to bondholders.
The INE282A07047 Debenture is issued by Essar Shipping Limited, a Private Sector company.
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