The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE288Q08014

Face value

₹1,000

Coupon rate

11%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

800

Instrument Type

Debenture

Returns

High

Date of Issue

28 Sep 2017

Maturity Date

28 Sep 2025

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

None

Guarantee Type

Fully Convertible

About this Bond

RELIANCE FINANCIAL ADVISORY SERVICES LIMITED 11 CCD 28SP25 FVRS1000
Reliance Financial Advisory Services Limited, has floated Debenture, having ISIN value as INE288Q08014, with a face value of ₹1,000 rs on 28Sep17 to raise 800 crores. The debt instrument is issued with a coupon rate of 11% 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 11% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 28/09/2025. 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 RELIANCE INVESTMENT BANKING SERVICES LIMITED, RELIANCE PRIME INTERNATIONAL LIMITED, RELIANCE COMPOSITE INSURANCE BROKERS 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
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

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

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

Cashflow

₹1,00,000
28-Sep-17 : Your investment
₹11,000
28-Sep-18 : Interest
₹11,000
28-Sep-19 : Interest
₹11,000
28-Sep-20 : Interest
₹11,000
28-Sep-21 : Interest
₹11,000
28-Sep-22 : Interest
₹11,000
28-Sep-23 : Interest
₹11,000
28-Sep-24 : Interest
₹11,000
28-Sep-25 : Interest
₹1,88,000
28-Sep-25 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹88,000)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

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Rated ★ 4.3+ on

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FAQs about INE288Q08014 issued by Reliance Financial Advisory Services Limited

The instrument name of INE288Q08014 ISIN is RELIANCE FINANCIAL ADVISORY SERVICES LIMITED 11 CCD 28SP25 FVRS1000.
The interest earned from INE288Q08014 bond issued by Reliance Financial Advisory Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE288Q08014 bond issued by Reliance Financial Advisory Services Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE288Q08014 Debenture is issued by Reliance Financial Advisory Services Limited, a Private Sector company.
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