Instrument Details

ISIN: INE045I07017

Face value

₹10,00,000

Coupon rate

11%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

350

Instrument Type

Debenture

Returns

High

Date of Issue

12 Jan 2015

Maturity Date

29 Jun 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

RELIANCE INNOVENTURES PRIVATE LTD SR-B 11 NCD 29JU21 FVRS10LAC
Reliance Innoventures Private Ltd, a Finance company, has floated Debenture, having ISIN value as INE045I07017, with a face value of ₹10,00,000 rs on 12Jan15 to raise 350 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 Secured Debenture is 11% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 29/06/2021. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 07Jan15. This issuer is formerly known as RELIANCE INNOVENTURES 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
D
Default or Expect to Default
D
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Date Verified
27 Jan 2020
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Outlook
-
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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
12-Jan-15 : Your investment
₹1,10,00,000
12-Jan-16 : Interest
₹1,10,00,000
12-Jan-17 : Interest
₹1,10,00,000
12-Jan-18 : Interest
₹1,10,00,000
12-Jan-19 : Interest
₹1,10,00,000
12-Jan-20 : Interest
₹1,10,00,000
12-Jan-21 : Interest
₹16,60,00,000
29-Jun-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,60,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE045I07017 issued by Reliance Innoventures Private Ltd

The instrument name of INE045I07017 ISIN is RELIANCE INNOVENTURES PRIVATE LTD SR-B 11 NCD 29JU21 FVRS10LAC.
The interest earned from INE045I07017 bond issued by Reliance Innoventures Private Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE045I07017 bond issued by Reliance Innoventures Private Ltd has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE045I07017 Debenture is issued by Reliance Innoventures Private Ltd, a Private Sector company.