Instrument Details

ISIN: INE608T08017

Face value

₹10,00,000

Coupon rate

10%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

55.3

Instrument Type

Debenture

Returns

High

Date of Issue

25 Jan 2018

Maturity Date

24 Jan 2028

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

NSPIRA MANAGEMENT SERVICES PRIVATE LIMITED 10 LOA 24JN28 FVRS10LAC
Nspira Management Services Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE608T08017, with a face value of ₹10,00,000 rs on 25Jan18 to raise 55.3 crores. The debt instrument is issued with a coupon rate of 10% 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 Unsecured Debenture is 10% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF CONVERSION 24/01/2028. 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. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
25-Jan-18 : Your investment
₹50,00,000
25-Jul-18 : Interest
₹50,00,000
25-Jan-19 : Interest
₹50,00,000
25-Jul-19 : Interest
₹50,00,000
25-Jan-20 : Interest
₹50,00,000
25-Jul-20 : Interest
₹50,00,000
25-Jan-21 : Interest
₹50,00,000
25-Jul-21 : Interest
₹50,00,000
25-Jan-22 : Interest
₹50,00,000
25-Jul-22 : Interest
₹50,00,000
25-Jan-23 : Interest
₹50,00,000
25-Jul-23 : Interest
₹50,00,000
25-Jan-24 : Interest
₹50,00,000
25-Jul-24 : Interest
₹50,00,000
25-Jan-25 : Interest
₹50,00,000
25-Jul-25 : Interest
₹50,00,000
25-Jan-26 : Interest
₹50,00,000
25-Jul-26 : Interest
₹50,00,000
25-Jan-27 : Interest
₹50,00,000
25-Jul-27 : Interest
₹39,16,666
24-Jan-28 : Interest
₹19,89,16,666
24-Jan-28 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹9,89,16,666)

Summary

Instrument Attributes

Value

Coupon Rate

10%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE608T08017 issued by Nspira Management Services Private Limited

The instrument name of INE608T08017 ISIN is NSPIRA MANAGEMENT SERVICES PRIVATE LIMITED 10 LOA 24JN28 FVRS10LAC.
The interest earned from INE608T08017 bond issued by Nspira Management Services Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE608T08017 bond issued by Nspira Management Services 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 INE608T08017 Debenture is issued by Nspira Management Services Private Limited, a Private Sector company.