Instrument Details

ISIN: INE790W08025

Face value

₹10,00,000

Coupon rate

9%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

68

Instrument Type

Debenture

Returns

High

Date of Issue

27 Sep 2021

Maturity Date

26 Sep 2031

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

MANIPALCIGNA HEALTH INSURANCE COMPANY LIMITED 9 LOA 26SP31 FVRS10LAC
Manipalcigna Health Insurance Company Limited, a Healthcare company, has floated Debenture, having ISIN value as INE790W08025, with a face value of ₹10,00,000 rs on 27Sep21 to raise 68 crores. The debt instrument is issued with a coupon rate of 9% 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 9% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 26/09/2031. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as CIGNATTK HEALTH INSURANCE COMPANY 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
Senior
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
27-Sep-21 : Your investment
₹90,00,000
27-Sep-22 : Interest
₹90,00,000
27-Sep-23 : Interest
₹90,00,000
27-Sep-24 : Interest
₹90,00,000
27-Sep-25 : Interest
₹90,00,000
27-Sep-26 : Interest
₹90,00,000
27-Sep-27 : Interest
₹90,00,000
27-Sep-28 : Interest
₹90,00,000
27-Sep-29 : Interest
₹90,00,000
27-Sep-30 : Interest
₹90,24,657
26-Sep-31 : Interest
₹19,00,24,657
26-Sep-31 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,00,24,657)

Summary

Instrument Attributes

Value

Coupon Rate

9%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Healthcare
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE790W08025 issued by Manipalcigna Health Insurance Company Limited

The instrument name of INE790W08025 ISIN is MANIPALCIGNA HEALTH INSURANCE COMPANY LIMITED 9 LOA 26SP31 FVRS10LAC.
The interest earned from INE790W08025 bond issued by Manipalcigna Health Insurance Company Limited is paid Annually, ensuring regular and consistent income for investors.
This INE790W08025 bond issued by Manipalcigna Health Insurance Company Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 9%, which determines the periodic interest payments made to bondholders.
The INE790W08025 Debenture is issued by Manipalcigna Health Insurance Company Limited, a Private Sector company.