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Instrument Details

ISIN: INE295P08011

Face value

₹5,00,000

Coupon rate

11%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

550

Instrument Type

Debenture

Returns

High

Date of Issue

08 Jun 2018

Maturity Date

06 Aug 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

JSW GMR CRICKET PRIVATE LIMITED 11 LOA 08JU23 FVRS500000
Jsw Gmr Cricket Private Limited, a Media & Entertainment company, has floated Debenture, having ISIN value as INE295P08011, with a face value of ₹5,00,000 rs on 08Jun18 to raise 550 crores. The debt instrument is issued with a coupon rate of 11% 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 Unsecured Debenture is 11% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 08/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 18Jun18. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 08Jun18. This issuer is formerly known as GMR SPORTS 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹5,00,000
Lot Size
100
Minimum Investment
₹5,00,00,000

Cashflow

₹5,00,00,000
08-Jun-18 : Your investment
₹55,00,000
08-Jun-19 : Interest
₹55,00,000
08-Jun-20 : Interest
₹55,00,000
08-Jun-21 : Interest
₹55,00,000
08-Jun-22 : Interest
₹55,00,000
08-Jun-23 : Interest
₹7,75,00,000
06-Aug-23 : Maturity amount (Investment: ₹5,00,00,000, Interest earned: ₹2,75,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Media & Entertainment
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Media, Entertain ment & Publication
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE295P08011 issued by Jsw Gmr Cricket Private Limited

The instrument name of INE295P08011 ISIN is JSW GMR CRICKET PRIVATE LIMITED 11 LOA 08JU23 FVRS500000.
The interest earned from INE295P08011 bond issued by Jsw Gmr Cricket Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE295P08011 bond issued by Jsw Gmr Cricket Private Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE295P08011 Debenture is issued by Jsw Gmr Cricket Private Limited, a Private Sector company.
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