Instrument Details

ISIN: INE918R08014

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

33.95

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

10 Dec 2019

Maturity Date

31 Mar 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 3

Guarantee Type

Fully Convertible

About this Bond

RACHIKA TRADING LIMITED OCD 31MR24 FVRS10
Rachika Trading Limited, a Utilities company, has floated Debenture, having ISIN value as INE918R08014, with a face value of ₹10 rs on 10Dec19 to raise 33.95 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 Unsecured Debenture is ZERO COUPON UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 31/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as RACHIKA TRADING 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Subordinate Tier 3
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 3

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE918R08014 issued by Rachika Trading Limited

The instrument name of INE918R08014 ISIN is RACHIKA TRADING LIMITED OCD 31MR24 FVRS10.
Never, as INE918R08014 bond issued by Rachika Trading Limited is a Zero-coupon bond.
This INE918R08014 bond issued by Rachika Trading Limited does not currently have an assigned credit rating
The coupon rate of INE918R08014 bond issued by Rachika Trading Limited is 0%.
The INE918R08014 Debenture is issued by Rachika Trading Limited, a Private Sector company.