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Instrument Details

ISIN: INE598T07012

Face value

₹10,00,000

Coupon rate

15.75%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

High

Date of Issue

26 Mar 2019

Maturity Date

25 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

BB (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MANIPAL HEALTHCARE PRIVATE LIMITED SERIES A 15.75 NCD 25MR24 FVRS10LAC
Manipal Healthcare Private Limited, a Healthcare company, has floated Debenture, having ISIN value as INE598T07012, with a face value of ₹10,00,000 rs on 26Mar19 to raise 500 crores. The debt instrument is issued with a coupon rate of 15.75% 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 15.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE SERIES A. MATURITY DATE : 25/03/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Apr19. CARE Ratings Limited has given BB rating to this Debenture on 12Mar19. This issuer is formerly known as HEALTHCARE & WELLNESS FOUNDATION LIMITED, HEALTHCARE & WELLNESS FOUNDATION 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
BB
Moderate Risk
BB
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Date Verified
11 Oct 2022
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

15.75%

Returns

High

Bond Rating

BB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Healthcare
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE598T07012 issued by Manipal Healthcare Private Limited

The instrument name of INE598T07012 ISIN is MANIPAL HEALTHCARE PRIVATE LIMITED SERIES A 15.75 NCD 25MR24 FVRS10LAC.
The interest earned from the INE598T07012 bond issued by Manipal Healthcare Private Limited is paid at the time of maturity
This INE598T07012 bond issued by Manipal Healthcare Private Limited has been assigned a credit rating of BB by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 15.75%, which determines the periodic interest payments made to bondholders.
The INE598T07012 Debenture is issued by Manipal Healthcare Private Limited, a Private Sector company.
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