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: INE495O08044

Face value

₹10

Coupon rate

0.01%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

8

Instrument Type

Debenture

Returns

Low

Date of Issue

28 Dec 2015

Maturity Date

27 Dec 2030

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

Senior

Guarantee Type

Fully Convertible

About this Bond

CUMULUS TRADING COMPANY PRIVATE LIMITED 0.01 OCD 27DC30 FVRS10
Cumulus Trading Company Private Limited, a Finance company, has floated Debenture, having ISIN value as INE495O08044, with a face value of ₹10 rs on 28Dec15 to raise 8 crores. The debt instrument is issued with a coupon rate of 0.01% 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 0.01% UNSECURED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/12/2030. 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. 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
Senior
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
28-Dec-15 : Your investment
₹0
28-Dec-16 : Interest
₹0
28-Dec-17 : Interest
₹0
28-Dec-18 : Interest
₹0
28-Dec-19 : Interest
₹0
28-Dec-20 : Interest
₹0
28-Dec-21 : Interest
₹0
28-Dec-22 : Interest
₹0
28-Dec-23 : Interest
₹0
28-Dec-24 : Interest
₹0
28-Dec-25 : Interest
₹0
28-Dec-26 : Interest
₹0
28-Dec-27 : Interest
₹0
28-Dec-28 : Interest
₹0
28-Dec-29 : Interest
₹0
27-Dec-30 : Interest
₹1,001
27-Dec-30 : Maturity amount (Investment: ₹1,000, Interest earned: ₹1)

Summary

Instrument Attributes

Value

Coupon Rate

0.01%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE495O08044 issued by Cumulus Trading Company Private Limited

The instrument name of INE495O08044 ISIN is CUMULUS TRADING COMPANY PRIVATE LIMITED 0.01 OCD 27DC30 FVRS10.
The interest earned from INE495O08044 bond issued by Cumulus Trading Company Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE495O08044 bond issued by Cumulus Trading Company Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 0.01%, which determines the periodic interest payments made to bondholders.
The INE495O08044 Debenture is issued by Cumulus Trading Company Private 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