Instrument Details

ISIN: INE570U07027

Face value

₹1,00,000

Coupon rate

10%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

25.6

Instrument Type

Debenture

Returns

High

Date of Issue

30 Nov 2018

Maturity Date

31 Dec 2022

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

NIRAJ KUMAR ASSOCIATES PRIVATE LIMITED SERIES A 10 NCD 31DC22 FVRS1LAC
Niraj Kumar Associates Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE570U07027, with a face value of ₹1,00,000 rs on 30Nov18 to raise 25.6 crores. The debt instrument is issued with a coupon rate of 10% 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 UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 31/12/2022. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
30-Nov-18 : Your investment
₹2,50,000
02-Mar-19 : Interest
₹2,50,000
02-Jun-19 : Interest
₹2,50,000
02-Sep-19 : Interest
₹2,50,000
02-Dec-19 : Interest
₹2,50,000
02-Mar-20 : Interest
₹2,50,000
02-Jun-20 : Interest
₹2,50,000
02-Sep-20 : Interest
₹2,50,000
02-Dec-20 : Interest
₹2,50,000
02-Mar-21 : Interest
₹2,50,000
02-Jun-21 : Interest
₹2,50,000
02-Sep-21 : Interest
₹2,50,000
02-Dec-21 : Interest
₹2,50,000
02-Mar-22 : Interest
₹2,50,000
02-Jun-22 : Interest
₹2,50,000
02-Sep-22 : Interest
₹2,50,000
02-Dec-22 : Interest
-₹43,055
31-Dec-22 : Interest
₹1,39,56,944
31-Dec-22 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹39,56,944)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE570U07027 issued by Niraj Kumar Associates Private Limited

The instrument name of INE570U07027 ISIN is NIRAJ KUMAR ASSOCIATES PRIVATE LIMITED SERIES A 10 NCD 31DC22 FVRS1LAC.
The interest earned from INE570U07027 bond issued by Niraj Kumar Associates Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE570U07027 bond issued by Niraj Kumar Associates Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10%, which determines the periodic interest payments made to bondholders.
The INE570U07027 Debenture is issued by Niraj Kumar Associates Private Limited, a Private Sector company.