Instrument Details

ISIN: INE007Z07052

Face value

₹10,00,000

Coupon rate

Variable Coupon

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

41.3

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Feb 2018

Maturity Date

31 Mar 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB- (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

RADIANT POLYMERS PRIVATE LIMITED SR B RR NCD 31MR26 FVRS10LAC
Radiant Polymers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE007Z07052, with a face value of ₹10,00,000 rs on 26Feb18 to raise 41.3 crores. The debt instrument is issued with a coupon rate of RESET RATE.8.5855% FROM 15.03.18-30.09.22, 8.7982% FROM 31.10.22-31.03.23,9.0109% FROM 30.04.23-30.09.23,9.4364% FROM 31.10.23-31.03.24, 9.8618% FROM 30.04.24-30.09.24 AND 10.5% FROM 31.10.24-31.03.26 and its interest is paid Monthly. 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 RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 31/03/2026. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL LIMITED has given BB- rating to this Debenture on 01Jan70. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BB
Moderate Risk
BB-
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Date Verified
29 Mar 2022
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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

Variable Coupon

Returns

Linked to Markets

Bond Rating

BB-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE007Z07052 issued by Radiant Polymers Private Limited

The instrument name of INE007Z07052 ISIN is RADIANT POLYMERS PRIVATE LIMITED SR B RR NCD 31MR26 FVRS10LAC.
The interest earned from INE007Z07052 bond issued by Radiant Polymers Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE007Z07052 bond issued by Radiant Polymers Private Limited has been assigned a credit rating of BB- by CRISIL LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE007Z07052 bond issued by Radiant Polymers Private Limited is RESET RATE.8.5855% FROM 15.03.18-30.09.22, 8.7982% FROM 31.10.22-31.03.23,9.0109% FROM 30.04.23-30.09.23,9.4364% FROM 31.10.23-31.03.24, 9.8618% FROM 30.04.24-30.09.24 AND 10.5% FROM 31.10.24-31.03.26.
The INE007Z07052 Debenture is issued by Radiant Polymers Private Limited, a Private Sector company.