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Instrument Details

ISIN: INE711X07070

Face value

₹10,00,000

Coupon rate

9.50%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

48

Instrument Type

Debenture

Returns

High

Date of Issue

09 Sep 2022

Maturity Date

21 Apr 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A- (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

EMAMI FRANK ROSS LIMITED 9.5% NCD 21AP24 FVRS10LAC
Emami Frank Ross Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE711X07070, with a face value of ₹10,00,000 rs on 09Sep22 to raise 48 crores. The debt instrument is issued with a coupon rate of 9.50% and its interest is paid Monthly. The returns are Taxable Under 10 (23) D. As per the filings, the long description of this Secured Debenture is 9.5% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 21/04/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 22Sep22. INDIA RATING AND RESEARCH PVT. LTD has given A- rating to this Debenture on 22Jun22. This issuer is formerly known as FRANK ROSS & COMPANY LIMITED, FRANK ROSS 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
A
Adequate Safety
A-
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Date Verified
30 Mar 2024
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Outlook
Stable
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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
09-Sep-22 : Your investment
₹7,91,666
09-Oct-22 : Interest
₹7,91,666
09-Nov-22 : Interest
₹7,91,666
09-Dec-22 : Interest
₹7,91,666
09-Jan-23 : Interest
₹7,91,666
09-Feb-23 : Interest
₹7,91,666
09-Mar-23 : Interest
₹7,91,666
09-Apr-23 : Interest
₹7,91,666
09-May-23 : Interest
₹7,91,666
09-Jun-23 : Interest
₹7,91,666
09-Jul-23 : Interest
₹7,91,666
09-Aug-23 : Interest
₹7,91,666
09-Sep-23 : Interest
₹7,91,666
09-Oct-23 : Interest
₹7,91,666
09-Nov-23 : Interest
₹7,91,666
09-Dec-23 : Interest
₹7,91,666
09-Jan-24 : Interest
₹7,91,666
09-Feb-24 : Interest
₹7,91,666
09-Mar-24 : Interest
₹7,91,666
09-Apr-24 : Interest
-₹1,97,916
21-Apr-24 : Interest
₹11,48,43,750
21-Apr-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,48,43,750)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

Bond Rating

A-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE711X07070 issued by Emami Frank Ross Limited

The instrument name of INE711X07070 ISIN is EMAMI FRANK ROSS LIMITED 9.5% NCD 21AP24 FVRS10LAC.
The interest earned from INE711X07070 bond issued by Emami Frank Ross Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE711X07070 bond issued by Emami Frank Ross Limited has been assigned a credit rating of A- by INDIA RATING AND RESEARCH PVT. LTD, 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 INE711X07070 Debenture is issued by Emami Frank Ross Limited, a Private Sector company.
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