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Instrument Details

ISIN: INE694I07046

Face value

₹10,00,000

Coupon rate

14%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

102.6

Instrument Type

Debenture

Returns

High

Date of Issue

20 Oct 2015

Maturity Date

31 Oct 2019

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

Senior

Guarantee Type

Non Convertible

About this Bond

PARANJAPE SCHEMES (CONSTRUCTION) LTD SR-C 14 NCD 31OT19 FVRS10LAC
Paranjape Schemes (construction) Ltd, a Basic Materials company, has floated Debenture, having ISIN value as INE694I07046, with a face value of ₹10,00,000 rs on 20Oct15 to raise 102.6 crores. The debt instrument is issued with a coupon rate of 14% 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 14% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 31/10/2019. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 04Nov15. CARE Ratings Limited has given D rating to this Debenture on 20Oct15. This issuer is formerly known as PARANJAPE SCHEMES (CONSTRUC) P. LTD 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
25 Apr 2023
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Outlook
No Outlook
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
20-Oct-15 : Your investment
₹1,40,00,000
20-Oct-16 : Interest
₹1,40,00,000
20-Oct-17 : Interest
₹1,40,00,000
20-Oct-18 : Interest
₹1,40,00,000
20-Oct-19 : Interest
₹15,60,00,000
31-Oct-19 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,60,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

14%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE694I07046 issued by Paranjape Schemes (construction) Ltd

The instrument name of INE694I07046 ISIN is PARANJAPE SCHEMES (CONSTRUCTION) LTD SR-C 14 NCD 31OT19 FVRS10LAC.
The interest earned from INE694I07046 bond issued by Paranjape Schemes (construction) Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE694I07046 bond issued by Paranjape Schemes (construction) Ltd 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 14%, which determines the periodic interest payments made to bondholders.
The INE694I07046 Debenture is issued by Paranjape Schemes (construction) Ltd, a Private Sector company.
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