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Instrument Details

ISIN: INE301A07078

Face value

₹10,00,000

Coupon rate

7.60%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Medium

Date of Issue

27 Dec 2021

Maturity Date

26 Dec 2024

Perpetual

Yes

Listing Status

Listed

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

RAYMOND LIMITED SR Q 7.60 LOA 26DC24 FVRS10LAC
Raymond Limited, a Other Textile Products company, has floated Debenture, having ISIN value as INE301A07078, with a face value of ₹10,00,000 rs on 27Dec21 to raise 100 crores. The debt instrument is issued with a coupon rate of 7.60% 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 Secured Debenture is 7.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.SERIES Q. DATE OF MATURITY 26/12/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 29Dec21. CARE RATINGS LIMITED has given AA- rating to this Debenture on 27Dec21. 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
12 Jul 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
27-Dec-21 : Your investment
₹76,00,000
27-Dec-22 : Interest
₹76,00,000
27-Dec-23 : Interest
₹76,00,000
26-Dec-24 : Interest
₹12,28,00,000
26-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,28,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.60%

Returns

Medium

Bond Rating

AA-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Other Textile Products
Head Office
HEAD OFFICE
Ratnagiri
Sector name
SECTOR
Textiles
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE301A07078 issued by Raymond Limited

The instrument name of INE301A07078 ISIN is RAYMOND LIMITED SR Q 7.60 LOA 26DC24 FVRS10LAC.
The interest earned from INE301A07078 bond issued by Raymond Limited is paid Annually, ensuring regular and consistent income for investors.
This INE301A07078 bond issued by Raymond Limited has been assigned a credit rating of AA- by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.6%, which determines the periodic interest payments made to bondholders.
The INE301A07078 Debenture is issued by Raymond Limited, a Private Sector company.
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