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Instrument Details

ISIN: INE620C07143

Face value

₹1,00,000

Coupon rate

6%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

79.55

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Jun 2014

Maturity Date

31 Mar 2016

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

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

PAREKH ALUMINEX LIMITED SR C 6 LOA 31MR16 FVRS1LAC
Parekh Aluminex Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE620C07143, with a face value of ₹1,00,000 rs on 30Jun14 to raise 79.55 crores. The debt instrument is issued with a coupon rate of 6% 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 Secured Debenture is 6% SECURED REDEEMABLE TAXABLE NON-CONVERTIBLE DEBENTURES. SERIES C. LETTER OF ALLOTMENT. DATE OF MATURITY 31/03/2016. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value 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
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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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
30-Jun-14 : Your investment
₹6,00,000
30-Jun-15 : Interest
₹4,52,054
31-Mar-16 : Interest
₹1,10,52,054
31-Mar-16 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹10,52,054)

Summary

Instrument Attributes

Value

Coupon Rate

6%

Returns

Medium

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Goods including FMGC
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE620C07143 issued by Parekh Aluminex Limited

The instrument name of INE620C07143 ISIN is PAREKH ALUMINEX LIMITED SR C 6 LOA 31MR16 FVRS1LAC.
The interest earned from INE620C07143 bond issued by Parekh Aluminex Limited is paid Annually, ensuring regular and consistent income for investors.
This INE620C07143 bond issued by Parekh Aluminex Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 6%, which determines the periodic interest payments made to bondholders.
The INE620C07143 Debenture is issued by Parekh Aluminex Limited, a Private Sector company.
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