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Instrument Details

ISIN: INE073107018

Face value

₹1,00,000

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

65

Instrument Type

Debenture

Returns

High

Date of Issue

24 Dec 2020

Maturity Date

24 Jun 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

MODEST INFRA LIMITED 12 LOA 24JU24 FVRS1LAC
Modest Infra Limited, a Civil Construction company, has floated Debenture, having ISIN value as INE073107018, with a face value of ₹1,00,000 rs on 24Dec20 to raise 65 crores. The debt instrument is issued with a coupon rate of 12% 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 12% SECURED GUARANTEED SENIOR TAXABLE NON CUMULATIVE UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.DATE OF MATURITY 24/06/2024. 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 MODEST BUILDERS LIMITED, MODEST BUILDERS 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
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
24-Dec-20 : Your investment
₹3,00,000
24-Mar-21 : Interest
₹3,00,000
24-Jun-21 : Interest
₹3,00,000
24-Sep-21 : Interest
₹3,00,000
24-Dec-21 : Interest
₹3,00,000
24-Mar-22 : Interest
₹3,00,000
24-Jun-22 : Interest
₹3,00,000
24-Sep-22 : Interest
₹3,00,000
24-Dec-22 : Interest
₹3,00,000
24-Mar-23 : Interest
₹3,00,000
24-Jun-23 : Interest
₹3,00,000
24-Sep-23 : Interest
₹3,00,000
24-Dec-23 : Interest
₹3,00,000
24-Mar-24 : Interest
₹3,00,000
24-Jun-24 : Interest
₹1,42,00,000
24-Jun-24 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹42,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Civil Construction
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Construction
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 INE073107018 issued by Modest Infra Limited

The instrument name of INE073107018 ISIN is MODEST INFRA LIMITED 12 LOA 24JU24 FVRS1LAC.
The interest earned from INE073107018 bond issued by Modest Infra Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE073107018 bond issued by Modest Infra Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE073107018 Debenture is issued by Modest Infra Limited, a Private Sector company.
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