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Instrument Details

ISIN: INE675N07060

Face value

₹7,80,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

Low

Date of Issue

16 Jul 2012

Maturity Date

16 Jun 2016

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (ICRA 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

JAI MAHARASHTRA NAGAR DEVELOPMENT PRIVATE LTD SR-C NCD 16JU16 FVRS780000 - Defaulted in Redemption
Jai Maharashtra Nagar Development Private Ltd, a Utilities company, has floated Debenture, having ISIN value as INE675N07060, with a face value of ₹7,80,000 rs on 16Jul12 to raise 10 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 ZERO COUPON SECURED NON CONVERTIBLE DEBENTURE. SERIES C. DATE OF MATURITY 16/06/2016. 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. ICRA LIMITED has given D rating to this Debenture on 07May24. 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
08 May 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

D

Seniority in Repayment

Senior

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 INE675N07060 issued by Jai Maharashtra Nagar Development Private Ltd

The instrument name of INE675N07060 ISIN is JAI MAHARASHTRA NAGAR DEVELOPMENT PRIVATE LTD SR-C NCD 16JU16 FVRS780000 - Defaulted in Redemption.
Never, as INE675N07060 bond issued by Jai Maharashtra Nagar Development Private Ltd is a Zero-coupon bond.
This INE675N07060 bond issued by Jai Maharashtra Nagar Development Private Ltd has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE675N07060 bond issued by Jai Maharashtra Nagar Development Private Ltd is 0%.
The INE675N07060 Debenture is issued by Jai Maharashtra Nagar Development Private Ltd, a Private Sector company.
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