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Instrument Details

ISIN: INE367Y07111

Face value

₹7,50,000

Coupon rate

14.20%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

04 Dec 2020

Maturity Date

06 Apr 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

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

WHEELSEMI PRIVATE LIMITED 14.20 NCD 04JU23 FVRS750000
Wheelsemi Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE367Y07111, with a face value of ₹7,50,000 rs on 04Dec20 to raise 10 crores. The debt instrument is issued with a coupon rate of 14.20% 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 14.20% SECURED UNLISTED UNRATED UNSUBORDINATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 04/06/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as VARADNARAYAN SAVINGS AND INVESTMENT COMPANY 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
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
₹7,50,000
Lot Size
100
Minimum Investment
₹7,50,00,000

Cashflow

₹7,50,00,000
04-Dec-20 : Your investment
₹26,62,500
04-Mar-21 : Interest
₹26,62,500
04-Jun-21 : Interest
₹26,62,500
04-Sep-21 : Interest
₹26,62,500
04-Dec-21 : Interest
₹26,62,500
04-Mar-22 : Interest
₹26,62,500
04-Jun-22 : Interest
₹26,62,500
04-Sep-22 : Interest
₹26,62,500
04-Dec-22 : Interest
₹26,62,500
04-Mar-23 : Interest
₹9,89,62,500
06-Apr-23 : Maturity amount (Investment: ₹7,50,00,000, Interest earned: ₹2,39,62,500)

Summary

Instrument Attributes

Value

Coupon Rate

14.20%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Pune
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE367Y07111 issued by Wheelsemi Private Limited

The instrument name of INE367Y07111 ISIN is WHEELSEMI PRIVATE LIMITED 14.20 NCD 04JU23 FVRS750000.
The interest earned from INE367Y07111 bond issued by Wheelsemi Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE367Y07111 bond issued by Wheelsemi Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 14.2%, which determines the periodic interest payments made to bondholders.
The INE367Y07111 Debenture is issued by Wheelsemi Private Limited, a Private Sector company.
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