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Instrument Details

ISIN: INE689Z08014

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

125.98

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

25 Mar 2016

Maturity Date

24 Mar 2031

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 VANTAGE RETAIL LIMITED SERIES 1 OCD 24MR31 FVRS10
Reliance Vantage Retail Limited, a Utilities company, has floated Debenture, having ISIN value as INE689Z08014, with a face value of ₹10 rs on 25Mar16 to raise 125.98 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED UNRATED UNLISTED OPTIONALLY FULLY CONVERTIBLE DEBENTURES. SERIES 1. DATE OF CONVERSION 24/03/2031. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as RELIANCE VANTAGE RETAIL PRIVATE LIMITED, ADVANTAGE RETAIL 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
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE689Z08014 issued by Reliance Vantage Retail Limited

The instrument name of INE689Z08014 ISIN is RELIANCE VANTAGE RETAIL LIMITED SERIES 1 OCD 24MR31 FVRS10.
Never, as INE689Z08014 bond issued by Reliance Vantage Retail Limited is a Zero-coupon bond.
This INE689Z08014 bond issued by Reliance Vantage Retail Limited does not currently have an assigned credit rating
The coupon rate of INE689Z08014 bond issued by Reliance Vantage Retail Limited is 0%.
The INE689Z08014 Debenture is issued by Reliance Vantage Retail Limited, a Private Sector company.
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