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Instrument Details

ISIN: INE814O07238

Face value

₹10,00,000

Coupon rate

RESET RATE-REFER REMARKS

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

65

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Aug 2017

Maturity Date

28 Aug 2023

Perpetual

Yes

Listing Status

Listed

Rating status

BBB+ (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NEOGROWTH CREDIT PRIVATE LIMITED SR 1-650 RR NCD 28AG23 FVRS10LAC
Neogrowth Credit Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE814O07238, with a face value of ₹10,00,000 rs on 28Aug17 to raise 65 crores. The debt instrument is issued with a coupon rate of RESET RATE-REFER REMARKS and its interest is paid Semi 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 Secured Debenture is RESET RATE SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. F GROUP DEBT INSTRUMENT SERIES 1-650. DATE OF MATURITY 28/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 07Sep17. ICRA LIMITED has given BBB+ rating to this Debenture on 08May24. This issuer is formerly known as BPJ CREDIT & INVESTMENTS 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
BBB
Moderately Safe
BBB+
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Date Verified
09 May 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE-REFER REMARKS

Returns

Linked to Markets

Bond Rating

BBB+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE814O07238 issued by Neogrowth Credit Private Limited

The instrument name of INE814O07238 ISIN is NEOGROWTH CREDIT PRIVATE LIMITED SR 1-650 RR NCD 28AG23 FVRS10LAC.
The interest earned from INE814O07238 bond issued by Neogrowth Credit Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE814O07238 bond issued by Neogrowth Credit Private Limited has been assigned a credit rating of BBB+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE814O07238 bond issued by Neogrowth Credit Private Limited is RESET RATE-REFER REMARKS.
The INE814O07238 Debenture is issued by Neogrowth Credit Private Limited, a Private Sector company.
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