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Instrument Details

ISIN: INE627Z07024

Face value

₹10,00,000

Coupon rate

9.50%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

20 Jul 2018

Maturity Date

17 Jul 2025

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

TALWALKARS HEALTHCLUBS LIMITED 9.5 LOA 17JL25 FVRS10LAC
Talwalkars Healthclubs Limited, a Utilities company, has floated Debenture, having ISIN value as INE627Z07024, with a face value of ₹10,00,000 rs on 20Jul18 to raise 25 crores. The debt instrument is issued with a coupon rate of 9.50% 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 9.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES. LETTER OF ALLOTMENT. DATE OF MATURITY 17/07/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Aug18. CARE RATINGS LIMITED has given D rating to this Debenture on 20Jul18. This issuer is formerly known as TALWALKARS LIFESTYLES 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
D
Default or Expect to Default
D
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Date Verified
07 Jun 2023
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Outlook
No Outlook
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Seniority in Repayment
Subordinate Tier 1
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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
20-Jul-18 : Your investment
₹95,00,000
20-Jul-19 : Interest
₹95,00,000
20-Jul-20 : Interest
₹95,00,000
20-Jul-21 : Interest
₹95,00,000
20-Jul-22 : Interest
₹95,00,000
20-Jul-23 : Interest
₹95,00,000
20-Jul-24 : Interest
₹94,73,972
17-Jul-25 : Interest
₹16,64,73,972
17-Jul-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,64,73,972)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

Bond Rating

D

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non 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 INE627Z07024 issued by Talwalkars Healthclubs Limited

The instrument name of INE627Z07024 ISIN is TALWALKARS HEALTHCLUBS LIMITED 9.5 LOA 17JL25 FVRS10LAC.
The interest earned from INE627Z07024 bond issued by Talwalkars Healthclubs Limited is paid Annually, ensuring regular and consistent income for investors.
This INE627Z07024 bond issued by Talwalkars Healthclubs Limited has been assigned a credit rating of D by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
The INE627Z07024 Debenture is issued by Talwalkars Healthclubs Limited, a Private Sector company.
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