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Instrument Details

ISIN: INE584T07061

Face value

₹1,00,000

Coupon rate

18%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

115

Instrument Type

Debenture

Returns

High

Date of Issue

08 Dec 2017

Maturity Date

12 Jul 2020

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

RADIUS & DESERVE LAND DEVELOPERS PRIVATE LIMITED 18 NCD 07DC20 FVRS1LAC
Radius & Deserve Land Developers Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE584T07061, with a face value of ₹1,00,000 rs on 08Dec17 to raise 115 crores. The debt instrument is issued with a coupon rate of 18% and its interest is paid on Maturity. 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 18% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/12/2020. This instrument is issued in Private Placement mode. It has Compounding 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 DESERVE LAND DEVELOPERS PRIVATE LIMITED, AMI VARSHA LAND DEVELOPERS 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 1
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

18%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE584T07061 issued by Radius & Deserve Land Developers Private Limited

The instrument name of INE584T07061 ISIN is RADIUS & DESERVE LAND DEVELOPERS PRIVATE LIMITED 18 NCD 07DC20 FVRS1LAC.
The interest earned from the INE584T07061 bond issued by Radius & Deserve Land Developers Private Limited is paid at the time of maturity
This INE584T07061 bond issued by Radius & Deserve Land Developers Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 18%, which determines the periodic interest payments made to bondholders.
The INE584T07061 Debenture is issued by Radius & Deserve Land Developers Private Limited, a Private Sector company.
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