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Instrument Details

ISIN: INE087A07651

Face value

₹9,65,700

Coupon rate

RESET RATE

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

1603.5

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

16 Mar 2021

Maturity Date

27 Feb 2026

Perpetual

Yes

Listing Status

Listed

Rating status

BB+ (CRISIL 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

KESORAM INDUSTRIES LIMITED SR I RR LOA 27FB26 FVRS965700
Kesoram Industries Limited, a Industrial company, has floated Debenture, having ISIN value as INE087A07651, with a face value of ₹9,65,700 rs on 16Mar21 to raise 1603.5 crores. The debt instrument is issued with a coupon rate of RESET RATE and its interest is paid Monthly. 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 RESET RATE SECURED RATED LISTED NON CONVRERTIBLE DEBENTURE.DATE OF MATURITY .SERIES I.LETTER OF ALLOTMENT.DATE OF MATURITY 27/02/2026. 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 18Mar21. CRISIL RATINGS LIMITED has given BB+ rating to this Debenture on 22Feb21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB+
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Date Verified
12 Dec 2023
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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

RESET RATE

Returns

Linked to Markets

Bond Rating

BB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Industrial
Head Office
HEAD OFFICE
Kolkata
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 INE087A07651 issued by Kesoram Industries Limited

The instrument name of INE087A07651 ISIN is KESORAM INDUSTRIES LIMITED SR I RR LOA 27FB26 FVRS965700.
The interest earned from INE087A07651 bond issued by Kesoram Industries Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE087A07651 bond issued by Kesoram Industries Limited has been assigned a credit rating of BB+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE087A07651 bond issued by Kesoram Industries Limited is RESET RATE.
The INE087A07651 Debenture is issued by Kesoram Industries Limited, a Private Sector company.
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