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Instrument Details

ISIN: INE341T08015

Face value

₹120

Coupon rate

10.35%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

17.87016

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jul 2015

Maturity Date

07 Feb 2035

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

RENEW SOLAR ENERGY (KARNATAKA) PRIVATE LIMITED 10.35 CCD 02JL35 FVRS120
Renew Solar Energy (karnataka) Private Limited, a Energy company, has floated Debenture, having ISIN value as INE341T08015, with a face value of ₹120 rs on 03Jul15 to raise 17.87016 crores. The debt instrument is issued with a coupon rate of 10.35% and its interest is paid Quarterly. 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 10.35% UNSECURED UNLISTED COMPULSORILY AND FULLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 02/07/2035. 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. 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
₹120
Lot Size
100
Minimum Investment
₹12,000

Cashflow

₹12,000
03-Jul-15 : Your investment
₹310
03-Oct-15 : Interest
₹310
03-Jan-16 : Interest
₹310
03-Apr-16 : Interest
₹310
03-Jul-16 : Interest
₹310
03-Oct-16 : Interest
₹310
03-Jan-17 : Interest
₹310
03-Apr-17 : Interest
₹310
03-Jul-17 : Interest
₹310
03-Oct-17 : Interest
₹310
03-Jan-18 : Interest
₹310
03-Apr-18 : Interest
₹310
03-Jul-18 : Interest
₹310
03-Oct-18 : Interest
₹310
03-Jan-19 : Interest
₹310
03-Apr-19 : Interest
₹310
03-Jul-19 : Interest
₹310
03-Oct-19 : Interest
₹310
03-Jan-20 : Interest
₹310
03-Apr-20 : Interest
₹310
03-Jul-20 : Interest
₹310
03-Oct-20 : Interest
₹310
03-Jan-21 : Interest
₹310
03-Apr-21 : Interest
₹310
03-Jul-21 : Interest
₹310
03-Oct-21 : Interest
₹310
03-Jan-22 : Interest
₹310
03-Apr-22 : Interest
₹310
03-Jul-22 : Interest
₹310
03-Oct-22 : Interest
₹310
03-Jan-23 : Interest
₹310
03-Apr-23 : Interest
₹310
03-Jul-23 : Interest
₹310
03-Oct-23 : Interest
₹310
03-Jan-24 : Interest
₹310
03-Apr-24 : Interest
₹310
03-Jul-24 : Interest
₹310
03-Oct-24 : Interest
₹310
03-Jan-25 : Interest
₹310
03-Apr-25 : Interest
₹310
03-Jul-25 : Interest
₹310
03-Oct-25 : Interest
₹310
03-Jan-26 : Interest
₹310
03-Apr-26 : Interest
₹310
03-Jul-26 : Interest
₹310
03-Oct-26 : Interest
₹310
03-Jan-27 : Interest
₹310
03-Apr-27 : Interest
₹310
03-Jul-27 : Interest
₹310
03-Oct-27 : Interest
₹310
03-Jan-28 : Interest
₹310
03-Apr-28 : Interest
₹310
03-Jul-28 : Interest
₹310
03-Oct-28 : Interest
₹310
03-Jan-29 : Interest
₹310
03-Apr-29 : Interest
₹310
03-Jul-29 : Interest
₹310
03-Oct-29 : Interest
₹310
03-Jan-30 : Interest
₹310
03-Apr-30 : Interest
₹310
03-Jul-30 : Interest
₹310
03-Oct-30 : Interest
₹310
03-Jan-31 : Interest
₹310
03-Apr-31 : Interest
₹310
03-Jul-31 : Interest
₹310
03-Oct-31 : Interest
₹310
03-Jan-32 : Interest
₹310
03-Apr-32 : Interest
₹310
03-Jul-32 : Interest
₹310
03-Oct-32 : Interest
₹310
03-Jan-33 : Interest
₹310
03-Apr-33 : Interest
₹310
03-Jul-33 : Interest
₹310
03-Oct-33 : Interest
₹310
03-Jan-34 : Interest
₹310
03-Apr-34 : Interest
₹310
03-Jul-34 : Interest
₹310
03-Oct-34 : Interest
₹310
03-Jan-35 : Interest
-₹63
07-Feb-35 : Interest
-₹63
07-Feb-35 : Interest
₹36,091
07-Feb-35 : Maturity amount (Investment: ₹12,000, Interest earned: ₹24,091)

Summary

Instrument Attributes

Value

Coupon Rate

10.35%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Energy
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE341T08015 issued by Renew Solar Energy (karnataka) Private Limited

The instrument name of INE341T08015 ISIN is RENEW SOLAR ENERGY (KARNATAKA) PRIVATE LIMITED 10.35 CCD 02JL35 FVRS120.
The interest earned from INE341T08015 bond issued by Renew Solar Energy (karnataka) Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE341T08015 bond issued by Renew Solar Energy (karnataka) Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 10.35%, which determines the periodic interest payments made to bondholders.
The INE341T08015 Debenture is issued by Renew Solar Energy (karnataka) Private Limited, a Private Sector company.
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