Instrument Details

ISIN: INE260Y08017

Face value

₹1,00,00,000

Coupon rate

0.01

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

22

Instrument Type

Debenture

Returns

Low

Date of Issue

03 Sep 2021

Maturity Date

09 Feb 2031

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

PRUDENT ARC LIMITED SR 01 0.01 OCD 02SP31 FVRS1CR
Prudent Arc Limited, a Other Financial Services company, has floated Debenture, having ISIN value as INE260Y08017, with a face value of ₹1,00,00,000 rs on 03Sep21 to raise 22 crores. The debt instrument is issued with a coupon rate of 0.01 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 Unsecured Debenture is 0.01% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE.DATE OF CONVERSION 02/09/2031. This instrument is issued in Private Placement (non-EBP) 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
03-Sep-21 : Your investment
₹1,00,00,000
03-Sep-22 : Interest
₹1,00,00,000
03-Sep-23 : Interest
₹1,00,00,000
03-Sep-24 : Interest
₹1,00,00,000
03-Sep-25 : Interest
₹1,00,00,000
03-Sep-26 : Interest
₹1,00,00,000
03-Sep-27 : Interest
₹1,00,00,000
03-Sep-28 : Interest
₹1,00,00,000
03-Sep-29 : Interest
₹1,00,00,000
03-Sep-30 : Interest
₹1,09,00,00,000
09-Feb-31 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹9,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

0.01

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE260Y08017 issued by Prudent Arc Limited

The instrument name of INE260Y08017 ISIN is PRUDENT ARC LIMITED SR 01 0.01 OCD 02SP31 FVRS1CR.
The interest earned from INE260Y08017 bond issued by Prudent Arc Limited is paid Annually, ensuring regular and consistent income for investors.
This INE260Y08017 bond issued by Prudent Arc Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 1%, which determines the periodic interest payments made to bondholders.
The INE260Y08017 Debenture is issued by Prudent Arc Limited, a Private Sector company.