The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE457Z08057

Face value

₹1,00,000

Coupon rate

0.10%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

6.57

Instrument Type

Debenture

Returns

Low

Date of Issue

30 Jun 2018

Maturity Date

30 Jun 2028

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

Fully Convertible

About this Bond

ESSEL BUSINESS EXCELLENCE SERVICES LIMITED 0.1 OCD 30JU28 FVRS1LAC
Essel Business Excellence Services Limited, a Utilities company, has floated Debenture, having ISIN value as INE457Z08057, with a face value of ₹1,00,000 rs on 30Jun18 to raise 6.57 crores. The debt instrument is issued with a coupon rate of 0.10% and its interest is paid 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 Unsecured Debenture is 0.1% UNSECURED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 30/06/2028. This instrument is issued in Private Placement mode. It has Compounding 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 ESSEL BUSINESS EXCELLENCE SERVICES PRIVATE LIMITED, SHHENING MULTITRADING 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
30-Jun-18 : Your investment
₹10,000
30-Jun-19 : Interest
₹10,000
30-Jun-20 : Interest
₹10,000
30-Jun-21 : Interest
₹10,000
30-Jun-22 : Interest
₹10,000
30-Jun-23 : Interest
₹10,000
30-Jun-24 : Interest
₹10,000
30-Jun-25 : Interest
₹10,000
30-Jun-26 : Interest
₹10,000
30-Jun-27 : Interest
₹10,000
30-Jun-28 : Interest
₹1,01,00,000
30-Jun-28 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹1,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

0.10%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE457Z08057 issued by Essel Business Excellence Services Limited

The instrument name of INE457Z08057 ISIN is ESSEL BUSINESS EXCELLENCE SERVICES LIMITED 0.1 OCD 30JU28 FVRS1LAC.
The interest earned from INE457Z08057 bond issued by Essel Business Excellence Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE457Z08057 bond issued by Essel Business Excellence Services Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 0.1%, which determines the periodic interest payments made to bondholders.
The INE457Z08057 Debenture is issued by Essel Business Excellence Services Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow