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Instrument Details

ISIN: INE445K07163

Face value

₹10,00,000

Coupon rate

11.60%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

08 Oct 2015

Maturity Date

10 Aug 2020

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)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

RELIANCE BROADCAST NETWORK LIMITED SR-C 11.6 NCD 08OT20 FVRS10LAC
Reliance Broadcast Network Limited, a Telecommunications company, has floated Debenture, having ISIN value as INE445K07163, with a face value of ₹10,00,000 rs on 08Oct15 to raise 30 crores. The debt instrument is issued with a coupon rate of 11.60% 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 11.60% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 08/10/2020. 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. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 12Mar20. This issuer is formerly known as RELIANCE MEDIA WORLD 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
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-Oct-15 : Your investment
₹29,00,000
08-Jan-16 : Interest
₹29,00,000
08-Apr-16 : Interest
₹29,00,000
08-Jul-16 : Interest
₹29,00,000
08-Oct-16 : Interest
₹29,00,000
08-Jan-17 : Interest
₹29,00,000
08-Apr-17 : Interest
₹29,00,000
08-Jul-17 : Interest
₹29,00,000
08-Oct-17 : Interest
₹29,00,000
08-Jan-18 : Interest
₹29,00,000
08-Apr-18 : Interest
₹29,00,000
08-Jul-18 : Interest
₹29,00,000
08-Oct-18 : Interest
₹29,00,000
08-Jan-19 : Interest
₹29,00,000
08-Apr-19 : Interest
₹29,00,000
08-Jul-19 : Interest
₹29,00,000
08-Oct-19 : Interest
₹29,00,000
08-Jan-20 : Interest
₹29,00,000
08-Apr-20 : Interest
₹29,00,000
08-Jul-20 : Interest
-₹3,06,111
10-Aug-20 : Interest
₹15,47,93,888
10-Aug-20 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,47,93,888)

Summary

Instrument Attributes

Value

Coupon Rate

11.60%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE445K07163 issued by Reliance Broadcast Network Limited

The instrument name of INE445K07163 ISIN is RELIANCE BROADCAST NETWORK LIMITED SR-C 11.6 NCD 08OT20 FVRS10LAC.
The interest earned from INE445K07163 bond issued by Reliance Broadcast Network Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE445K07163 bond issued by Reliance Broadcast Network Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.6%, which determines the periodic interest payments made to bondholders.
The INE445K07163 Debenture is issued by Reliance Broadcast Network Limited, a Private Sector company.
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