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Instrument Details

ISIN: INE0E1U08023

Face value

₹100

Coupon rate

0.01%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

0.5

Instrument Type

Debenture

Returns

Low

Date of Issue

03 Jun 2021

Maturity Date

18 Jun 2036

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

METALITE FUEL INDUSTRIES LTD 0.01 OCD 18JU36 FVRS100
Metalite Fuel Industries Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE0E1U08023, with a face value of ₹100 rs on 03Jun21 to raise 0.5 crores. The debt instrument is issued with a coupon rate of 0.01% 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 0.01% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE.DATE OF CONVERSION 18/06/2036. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as METALITE FUEL INDUSTRIES PRIVATE LIMITED, METALITE SALES PROMOTION 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
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
03-Jun-21 : Your investment
₹1
03-Jun-22 : Interest
₹1
03-Jun-23 : Interest
₹1
03-Jun-24 : Interest
₹1
03-Jun-25 : Interest
₹1
03-Jun-26 : Interest
₹1
03-Jun-27 : Interest
₹1
03-Jun-28 : Interest
₹1
03-Jun-29 : Interest
₹1
03-Jun-30 : Interest
₹1
03-Jun-31 : Interest
₹1
03-Jun-32 : Interest
₹1
03-Jun-33 : Interest
₹1
03-Jun-34 : Interest
₹1
03-Jun-35 : Interest
₹1
03-Jun-36 : Interest
₹10,015
18-Jun-36 : Maturity amount (Investment: ₹10,000, Interest earned: ₹15)

Summary

Instrument Attributes

Value

Coupon Rate

0.01%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Kolkata
Sector name
SECTOR
Financial Services
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 INE0E1U08023 issued by Metalite Fuel Industries Ltd

The instrument name of INE0E1U08023 ISIN is METALITE FUEL INDUSTRIES LTD 0.01 OCD 18JU36 FVRS100.
The interest earned from INE0E1U08023 bond issued by Metalite Fuel Industries Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE0E1U08023 bond issued by Metalite Fuel Industries Ltd does not currently have an assigned credit rating
This Debenture offers a coupon rate of 0.01%, which determines the periodic interest payments made to bondholders.
The INE0E1U08023 Debenture is issued by Metalite Fuel Industries Ltd, a Private Sector company.
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