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Instrument Details

ISIN: INE0J6707019

Face value

₹10,00,000

Coupon rate

9.15%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

18 Oct 2021

Maturity Date

18 Oct 2023

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (INDIA Ratings)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

KARUNA VENTURES PRIVATE LIMITED SR-I 9.15 NCD 18OT23 FVRS10LAC
Karuna Ventures Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE0J6707019, with a face value of ₹10,00,000 rs on 18Oct21 to raise 50 crores. The debt instrument is issued with a coupon rate of 9.15% and its interest is paid on Maturity. 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 9.15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 18/10/2023. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 21Oct21. INDIA RATING AND RESEARCH PVT. LTD has given WITHDRAWN rating to this Debenture on 08Sep21. 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
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

9.15%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Services
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
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 INE0J6707019 issued by Karuna Ventures Private Limited

The instrument name of INE0J6707019 ISIN is KARUNA VENTURES PRIVATE LIMITED SR-I 9.15 NCD 18OT23 FVRS10LAC.
The interest earned from the INE0J6707019 bond issued by Karuna Ventures Private Limited is paid at the time of maturity
This INE0J6707019 bond issued by Karuna Ventures Private Limited has been assigned a credit rating of WITHDRAWN 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 9.15%, which determines the periodic interest payments made to bondholders.
The INE0J6707019 Debenture is issued by Karuna Ventures Private Limited, a Private Sector company.
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