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Instrument Details

ISIN: INE08UY07017

Face value

₹10,00,000

Coupon rate

T-BILL LINKED

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

1002

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Sep 2021

Maturity Date

27 Sep 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

RENEW SUN WAVES PRIVATE LIMITED SR 1 TR 1 BR NCD 27SP24 FVRS10LAC
Renew Sun Waves Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE08UY07017, with a face value of ₹10,00,000 rs on 30Sep21 to raise 1002 crores. The debt instrument is issued with a coupon rate of T-BILL LINKED and its interest is paid Semi 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 T-BILL LINKED SECURED RATED LISTED SENIOR NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 27/09/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 05Oct21. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 17Sep21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
14 Sep 2022
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Outlook
Negative
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

T-BILL LINKED

Returns

Linked to Markets

Bond Rating

A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
New Delhi
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 INE08UY07017 issued by Renew Sun Waves Private Limited

The instrument name of INE08UY07017 ISIN is RENEW SUN WAVES PRIVATE LIMITED SR 1 TR 1 BR NCD 27SP24 FVRS10LAC.
The interest earned from INE08UY07017 bond issued by Renew Sun Waves Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE08UY07017 bond issued by Renew Sun Waves Private Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE08UY07017 bond issued by Renew Sun Waves Private Limited is T-BILL LINKED.
The INE08UY07017 Debenture is issued by Renew Sun Waves Private Limited, a Private Sector company.
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