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Instrument Details

ISIN: INE370I07233

Face value

₹10,00,000

Coupon rate

6%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

425

Instrument Type

Debenture

Returns

Medium

Date of Issue

08 Jun 2016

Maturity Date

30 Apr 2021

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD D (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SUHANI TRADING AND INVESTMENT CONSULTANTS PVT LTD SR-A 6 NCD 30AP21 FVRS10LAC
Suhani Trading And Investment Consultants Pvt Ltd, a Industrial company, has floated Debenture, having ISIN value as INE370I07233, with a face value of ₹10,00,000 rs on 08Jun16 to raise 425 crores. The debt instrument is issued with a coupon rate of 6% 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 6% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 30/04/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 31Jul15. ICRA LIMITED has given PP-MLD D rating to this Debenture on 01Apr20. 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
PP-MLD D
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Date Verified
29 Jun 2021
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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
08-Jun-16 : Your investment
₹15,00,000
08-Sep-16 : Interest
₹15,00,000
08-Dec-16 : Interest
₹15,00,000
08-Mar-17 : Interest
₹15,00,000
08-Jun-17 : Interest
₹15,00,000
08-Sep-17 : Interest
₹15,00,000
08-Dec-17 : Interest
₹15,00,000
08-Mar-18 : Interest
₹15,00,000
08-Jun-18 : Interest
₹15,00,000
08-Sep-18 : Interest
₹15,00,000
08-Dec-18 : Interest
₹15,00,000
08-Mar-19 : Interest
₹15,00,000
08-Jun-19 : Interest
₹15,00,000
08-Sep-19 : Interest
₹15,00,000
08-Dec-19 : Interest
₹15,00,000
08-Mar-20 : Interest
₹15,00,000
08-Jun-20 : Interest
₹15,00,000
08-Sep-20 : Interest
₹15,00,000
08-Dec-20 : Interest
₹15,00,000
08-Mar-21 : Interest
₹1,58,333
30-Apr-21 : Interest
₹12,86,58,333
30-Apr-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,86,58,333)

Summary

Instrument Attributes

Value

Coupon Rate

6%

Returns

Medium

Bond Rating

PP-MLD D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE370I07233 issued by Suhani Trading And Investment Consultants Pvt Ltd

The instrument name of INE370I07233 ISIN is SUHANI TRADING AND INVESTMENT CONSULTANTS PVT LTD SR-A 6 NCD 30AP21 FVRS10LAC.
The interest earned from INE370I07233 bond issued by Suhani Trading And Investment Consultants Pvt Ltd is paid Quarterly, ensuring regular and consistent income for investors.
This INE370I07233 bond issued by Suhani Trading And Investment Consultants Pvt Ltd has been assigned a credit rating of PP-MLD D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 6%, which determines the periodic interest payments made to bondholders.
The INE370I07233 Debenture is issued by Suhani Trading And Investment Consultants Pvt Ltd, a Private Sector company.
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