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Instrument Details

ISIN: INE244P07037

Face value

₹9,67,270

Coupon rate

RESET RATE REFER REMARKS

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Jun 2020

Maturity Date

31 Mar 2027

Perpetual

Yes

Listing Status

Listed

Rating status

C (Infomerics Ratings)

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

PARSVNATH ESTATE DEVELOPERS PRIVATE LIMITED SERIES A RR LOA 31MR27 FVRS967270.283
Parsvnath Estate Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE244P07037, with a face value of ₹9,67,270 rs on 29Jun20 to raise 25 crores. The debt instrument is issued with a coupon rate of RESET RATE REFER REMARKS and its interest is paid Monthly. 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 RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES A. DATE OF MATURITY 31/03/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 13Jul20. Infomerics Valuation and Rating Pvt. Ltd has given C rating to this Debenture on 30May23. This issuer is formerly known as FARHAT DEVELOPERS 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
C
Very High Risk
C
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Date Verified
-
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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

C

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE244P07037 issued by Parsvnath Estate Developers Private Limited

The instrument name of INE244P07037 ISIN is PARSVNATH ESTATE DEVELOPERS PRIVATE LIMITED SERIES A RR LOA 31MR27 FVRS967270.283.
The interest earned from INE244P07037 bond issued by Parsvnath Estate Developers Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE244P07037 bond issued by Parsvnath Estate Developers Private Limited has been assigned a credit rating of C by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE244P07037 bond issued by Parsvnath Estate Developers Private Limited is RESET RATE REFER REMARKS.
The INE244P07037 Debenture is issued by Parsvnath Estate Developers Private Limited, a Private Sector company.
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