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Instrument Details

ISIN: INE325U08222

Face value

₹1,00,000

Coupon rate

10%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

15

Instrument Type

Debenture

Returns

High

Date of Issue

04 Mar 2016

Maturity Date

05 Mar 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

BAKERI URBAN DEVELOPMENT PRIVATE LIMITED TR 4 10 LOA 03MY26 FVRS1LAC
Bakeri Urban Development Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE325U08222, with a face value of ₹1,00,000 rs on 04Mar16 to raise 15 crores. The debt instrument is issued with a coupon rate of 10% 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 10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. TRANCHE 4. LETTER OF ALLOTMENT. DATE OF MATURITY 03/05/2026. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given BB rating to this Debenture on 10Mar23. This issuer is formerly known as HARMONY REALTY PROJECTS PRIVATE 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
BB
Moderate Risk
BB
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Date Verified
06 Mar 2024
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Outlook
Stable
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

BB

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE325U08222 issued by Bakeri Urban Development Private Limited

The instrument name of INE325U08222 ISIN is BAKERI URBAN DEVELOPMENT PRIVATE LIMITED TR 4 10 LOA 03MY26 FVRS1LAC.
The interest earned from the INE325U08222 bond issued by Bakeri Urban Development Private Limited is paid at the time of maturity
This INE325U08222 bond issued by Bakeri Urban Development Private Limited has been assigned a credit rating of BB by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE325U08222 Debenture is issued by Bakeri Urban Development Private Limited, a Private Sector company.
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