Instrument Details

ISIN: INE048M08011

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

105.83

Instrument Type

Debenture

Returns

Low

Date of Issue

16 Dec 2013

Maturity Date

15 Dec 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

MEENAKSHI ENERGY LIMITED CCD 15DC23 FVRS10
Meenakshi Energy Limited, a Energy company, has floated Debenture, having ISIN value as INE048M08011, with a face value of ₹10 rs on 16Dec13 to raise 105.83 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 15/12/2023. This instrument is issued in Private Placement 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 MEENAKSHI ENERGY PRIVATE LIMITED, VIKAS POWER 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

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE048M08011 issued by Meenakshi Energy Limited

The instrument name of INE048M08011 ISIN is MEENAKSHI ENERGY LIMITED CCD 15DC23 FVRS10.
Never, as INE048M08011 bond issued by Meenakshi Energy Limited is a Zero-coupon bond.
This INE048M08011 bond issued by Meenakshi Energy Limited does not currently have an assigned credit rating
The coupon rate of INE048M08011 bond issued by Meenakshi Energy Limited is 0%.
The INE048M08011 Debenture is issued by Meenakshi Energy Limited, a Private Sector company.