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Instrument Details

ISIN: INE228P07014

Face value

₹10,00,000

Coupon rate

10% (YTM 14%)

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

17

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Oct 2013

Maturity Date

30 Oct 2018

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE 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

MOD AGE CONSULTANTS & ADVISORY SERVICES PRIVATE LIMITED 10 LOA 30OT18 FVRS10LAC
Mod Age Consultants & Advisory Services Private Limited, a Technology company, has floated Debenture, having ISIN value as INE228P07014, with a face value of ₹10,00,000 rs on 30Oct13 to raise 17 crores. The debt instrument is issued with a coupon rate of 10% (YTM 14%) and its interest is paid Quarterly. 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 10% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.DATE OF MATURITY 30/10/2018. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Debenture is listed on BSE stock exchange on 03Nov13. CARE Ratings Limited has given D rating to this Debenture on 30Oct13. This issuer is formerly known as MOD AGE INVESTMENT 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
D
Default or Expect to Default
D
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Date Verified
27 May 2024
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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

10% (YTM 14%)

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Technology
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE228P07014 issued by Mod Age Consultants & Advisory Services Private Limited

The instrument name of INE228P07014 ISIN is MOD AGE CONSULTANTS & ADVISORY SERVICES PRIVATE LIMITED 10 LOA 30OT18 FVRS10LAC.
The interest earned from INE228P07014 bond issued by Mod Age Consultants & Advisory Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE228P07014 bond issued by Mod Age Consultants & Advisory Services Private Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE228P07014 bond issued by Mod Age Consultants & Advisory Services Private Limited is 10% (YTM 14%).
The INE228P07014 Debenture is issued by Mod Age Consultants & Advisory Services Private Limited, a Private Sector company.
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