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Instrument Details

ISIN: INE373S08432

Face value

₹100

Coupon rate

17%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

17.19064

Instrument Type

Debenture

Returns

High

Date of Issue

20 Nov 2015

Maturity Date

17 May 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Partly Convertible

About this Bond

JOYVILLE SHAPOORJI HOUSING PRIVATE LIMITED SR B TRANCHE 1 17 CCD 17MY24 FVRS100
Joyville Shapoorji Housing Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE373S08432, with a face value of ₹100 rs on 20Nov15 to raise 17.19064 crores. The debt instrument is issued with a coupon rate of 17% 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 Unsecured Debenture is 17% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES B TRANCHE 1. DATE OF CONVERSION 17/05/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as DRASHTI DEVELOPERS 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
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
20-Nov-15 : Your investment
₹425
20-Feb-16 : Interest
₹425
20-May-16 : Interest
₹425
20-Aug-16 : Interest
₹425
20-Nov-16 : Interest
₹425
20-Feb-17 : Interest
₹425
20-May-17 : Interest
₹425
20-Aug-17 : Interest
₹425
20-Nov-17 : Interest
₹425
20-Feb-18 : Interest
₹425
20-May-18 : Interest
₹425
20-Aug-18 : Interest
₹425
20-Nov-18 : Interest
₹425
20-Feb-19 : Interest
₹425
20-May-19 : Interest
₹425
20-Aug-19 : Interest
₹425
20-Nov-19 : Interest
₹425
20-Feb-20 : Interest
₹425
20-May-20 : Interest
₹425
20-Aug-20 : Interest
₹425
20-Nov-20 : Interest
₹425
20-Feb-21 : Interest
₹425
20-May-21 : Interest
₹425
20-Aug-21 : Interest
₹425
20-Nov-21 : Interest
₹425
20-Feb-22 : Interest
₹425
20-May-22 : Interest
₹425
20-Aug-22 : Interest
₹425
20-Nov-22 : Interest
₹425
20-Feb-23 : Interest
₹425
20-May-23 : Interest
₹425
20-Aug-23 : Interest
₹425
20-Nov-23 : Interest
₹425
20-Feb-24 : Interest
₹299
17-May-24 : Interest
₹24,324
17-May-24 : Maturity amount (Investment: ₹10,000, Interest earned: ₹14,324)

Summary

Instrument Attributes

Value

Coupon Rate

17%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Partly Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE373S08432 issued by Joyville Shapoorji Housing Private Limited

The instrument name of INE373S08432 ISIN is JOYVILLE SHAPOORJI HOUSING PRIVATE LIMITED SR B TRANCHE 1 17 CCD 17MY24 FVRS100.
The interest earned from INE373S08432 bond issued by Joyville Shapoorji Housing Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE373S08432 bond issued by Joyville Shapoorji Housing Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 17%, which determines the periodic interest payments made to bondholders.
The INE373S08432 Debenture is issued by Joyville Shapoorji Housing Private Limited, a Private Sector company.
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