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: INE631U07035

Face value

₹1,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Dec 2017

Maturity Date

31 Dec 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (BRICKWORK 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

SINTEX-BAPL LIMITED SR-1B LOA 31DC21 FVRS1LAC - Defaulted in Redemption
Sintex-bapl Limited, a Utilities company, has floated Debenture, having ISIN value as INE631U07035, with a face value of ₹1,00,000 rs on 21Dec17 to raise 150 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES 1B. DATE OF MATURITY 31/12/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 15Dec17. This issuer is formerly known as BRIGHT AUTOPLAST LIMITED, BRIGHT AUTOPLAST PRIVATE LIMITED, BRIGHT AUTO PLASTIC 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
D
Default or Expect to Default
D
check
Date Verified
26 Aug 2019
check
Outlook
-
logo
Seniority in Repayment
Senior
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE631U07035 issued by Sintex-bapl Limited

The instrument name of INE631U07035 ISIN is SINTEX-BAPL LIMITED SR-1B LOA 31DC21 FVRS1LAC - Defaulted in Redemption.
Never, as INE631U07035 bond issued by Sintex-bapl Limited is a Zero-coupon bond.
This INE631U07035 bond issued by Sintex-bapl Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE631U07035 bond issued by Sintex-bapl Limited is 0%.
The INE631U07035 Debenture is issued by Sintex-bapl 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