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Instrument Details

ISIN: INE931Q07011

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Low

Date of Issue

31 Mar 2022

Maturity Date

31 Mar 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

PROMONT HILLSIDE PRIVATE LIMITED NCD 31MR25 FVRS10LAC
Promont Hillside Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE931Q07011, with a face value of ₹10,00,000 rs on 31Mar22 to raise 300 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 SECURED RATED LISTED NON CONVERTIBLE DEBENURE.DATE OF MATURITY 31/03/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given AA rating to this Debenture on 01Jan70. This issuer is formerly known as ONE-NORTH PROJECTS 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
AA
High Safety
AA
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Date Verified
08 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE931Q07011 issued by Promont Hillside Private Limited

The instrument name of INE931Q07011 ISIN is PROMONT HILLSIDE PRIVATE LIMITED NCD 31MR25 FVRS10LAC.
Never, as INE931Q07011 bond issued by Promont Hillside Private Limited is a Zero-coupon bond.
This INE931Q07011 bond issued by Promont Hillside Private Limited has been assigned a credit rating of AA by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE931Q07011 bond issued by Promont Hillside Private Limited is 0%.
The INE931Q07011 Debenture is issued by Promont Hillside Private Limited, a Private Sector company.
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