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Instrument Details

ISIN: INE341T07017

Face value

₹1

Coupon rate

6.03%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

288.515137

Instrument Type

Debenture

Returns

Medium

Date of Issue

26 Mar 2021

Maturity Date

25 Mar 2030

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

RENEW SOLAR ENERGY (KARNATAKA) PRIVATE LIMITED SR 1 6.028 NCD 25MR30 FVRS1
Renew Solar Energy (karnataka) Private Limited, a Energy company, has floated Debenture, having ISIN value as INE341T07017, with a face value of ₹1 rs on 26Mar21 to raise 288.515137 crores. The debt instrument is issued with a coupon rate of 6.03% and its interest is paid Semi 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 6.0280% SECURED UNRATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES1.DATE OF MATURITY 25/03/2030. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
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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
₹1
Lot Size
100
Minimum Investment
₹100

Cashflow

₹100
26-Mar-21 : Your investment
₹3
26-Sep-21 : Interest
₹3
26-Mar-22 : Interest
₹3
26-Sep-22 : Interest
₹3
26-Mar-23 : Interest
₹3
26-Sep-23 : Interest
₹3
26-Mar-24 : Interest
₹3
26-Sep-24 : Interest
₹3
26-Mar-25 : Interest
₹3
26-Sep-25 : Interest
₹3
26-Mar-26 : Interest
₹3
26-Sep-26 : Interest
₹3
26-Mar-27 : Interest
₹3
26-Sep-27 : Interest
₹3
26-Mar-28 : Interest
₹3
26-Sep-28 : Interest
₹3
26-Mar-29 : Interest
₹3
26-Sep-29 : Interest
₹2
25-Mar-30 : Interest
₹153
25-Mar-30 : Maturity amount (Investment: ₹100, Interest earned: ₹53)

Summary

Instrument Attributes

Value

Coupon Rate

6.03%

Returns

Medium

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE341T07017 issued by Renew Solar Energy (karnataka) Private Limited

The instrument name of INE341T07017 ISIN is RENEW SOLAR ENERGY (KARNATAKA) PRIVATE LIMITED SR 1 6.028 NCD 25MR30 FVRS1.
The interest earned from INE341T07017 bond issued by Renew Solar Energy (karnataka) Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE341T07017 bond issued by Renew Solar Energy (karnataka) Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 6.03%, which determines the periodic interest payments made to bondholders.
The INE341T07017 Debenture is issued by Renew Solar Energy (karnataka) Private Limited, a Private Sector company.
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