Instrument Details

ISIN: INE163K07063

Face value

₹10,00,000

Coupon rate

10.37%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

12 Dec 2019

Maturity Date

12 Dec 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AA (CRISIL 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

PHOENIX ARC PRIVATE LIMITED 10.37 NCD 12DC22 FVRS10LAC
Phoenix Arc Private Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE163K07063, with a face value of ₹10,00,000 rs on 12Dec19 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.37% and its interest is paid 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 10.37% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 12/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 17Dec19 & on BSE stock exchange on 17Dec19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 10Dec19. This issuer is formerly known as PHOENIX ARC 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
AA
High Safety
AA
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Date Verified
28 Feb 2022
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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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
12-Dec-19 : Your investment
₹1,03,70,000
12-Dec-20 : Interest
₹1,03,70,000
12-Dec-21 : Interest
₹1,03,70,000
12-Dec-22 : Interest
₹13,11,10,000
12-Dec-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,11,10,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.37%

Returns

High

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Financial Services
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE163K07063 issued by Phoenix Arc Private Limited

The instrument name of INE163K07063 ISIN is PHOENIX ARC PRIVATE LIMITED 10.37 NCD 12DC22 FVRS10LAC.
The interest earned from INE163K07063 bond issued by Phoenix Arc Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE163K07063 bond issued by Phoenix Arc Private Limited has been assigned a credit rating of AA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.37%, which determines the periodic interest payments made to bondholders.
The INE163K07063 Debenture is issued by Phoenix Arc Private Limited, a Private Sector company.