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Instrument Details

ISIN: INE254I07064

Face value

₹77,500

Coupon rate

12.25%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

110

Instrument Type

Debenture

Returns

High

Date of Issue

20 Jan 2021

Maturity Date

31 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A- (CARE 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

PATIL RAIL INFRASTRUCTURE PVT LTD. TR A 12.25 LOA 31MR24 FVRS77500
Patil Rail Infrastructure Pvt Ltd., a Industrial Equipments company, has floated Debenture, having ISIN value as INE254I07064, with a face value of ₹77,500 rs on 20Jan21 to raise 110 crores. The debt instrument is issued with a coupon rate of 12.25% 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 12.25% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE A.DATE OF MATURITY 31/03/2024.. 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 NSE stock exchange on 27Jan21. CARE RATINGS LIMITED has given A- rating to this Debenture on 11Dec20. This issuer is formerly known as PATIL RAIL INFRASTRUCTURE LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
20 Feb 2023
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Outlook
Stable
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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
₹77,500
Lot Size
100
Minimum Investment
₹77,50,000

Cashflow

₹77,50,000
20-Jan-21 : Your investment
₹2,37,343
20-Apr-21 : Interest
₹2,37,343
20-Jul-21 : Interest
₹2,37,343
20-Oct-21 : Interest
₹2,37,343
20-Jan-22 : Interest
₹2,37,343
20-Apr-22 : Interest
₹2,37,343
20-Jul-22 : Interest
₹2,37,343
20-Oct-22 : Interest
₹2,37,343
20-Jan-23 : Interest
₹2,37,343
20-Apr-23 : Interest
₹2,37,343
20-Jul-23 : Interest
₹2,37,343
20-Oct-23 : Interest
₹2,37,343
20-Jan-24 : Interest
₹48,787
31-Mar-24 : Interest
₹1,06,46,912
31-Mar-24 : Maturity amount (Investment: ₹77,50,000, Interest earned: ₹28,96,912)

Summary

Instrument Attributes

Value

Coupon Rate

12.25%

Returns

High

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Industrial Equipments
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Capital Goods
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE254I07064 issued by Patil Rail Infrastructure Pvt Ltd.

The instrument name of INE254I07064 ISIN is PATIL RAIL INFRASTRUCTURE PVT LTD. TR A 12.25 LOA 31MR24 FVRS77500.
The interest earned from INE254I07064 bond issued by Patil Rail Infrastructure Pvt Ltd. is paid Quarterly, ensuring regular and consistent income for investors.
This INE254I07064 bond issued by Patil Rail Infrastructure Pvt Ltd. has been assigned a credit rating of A- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.25%, which determines the periodic interest payments made to bondholders.
The INE254I07064 Debenture is issued by Patil Rail Infrastructure Pvt Ltd., a Private Sector company.
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