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: INE652W08019

Face value

₹20

Coupon rate

16.99%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

14.133478

Instrument Type

Debenture

Returns

High

Date of Issue

08 Dec 2016

Maturity Date

12 Jul 2034

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

Subordinate Tier 1

Guarantee Type

Fully Convertible

About this Bond

RENJAL SOLAR PRIVATE LIMITED 16.99 CCD 07DC34 FVRS20
Renjal Solar Private Limited, a Energy company, has floated Debenture, having ISIN value as INE652W08019, with a face value of ₹20 rs on 08Dec16 to raise 14.133478 crores. The debt instrument is issued with a coupon rate of 16.99% 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 16.99% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 07/12/2034. This instrument is issued in Private Placement mode. It has Compounding coupon type with Not Applicable 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
Subordinate Tier 1
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

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

Face Value
₹20
Lot Size
100
Minimum Investment
₹2,000

Cashflow

₹2,000
08-Dec-16 : Your investment
₹339
08-Dec-17 : Interest
₹339
08-Dec-18 : Interest
₹339
08-Dec-19 : Interest
₹339
08-Dec-20 : Interest
₹339
08-Dec-21 : Interest
₹339
08-Dec-22 : Interest
₹339
08-Dec-23 : Interest
₹339
08-Dec-24 : Interest
₹339
08-Dec-25 : Interest
₹339
08-Dec-26 : Interest
₹339
08-Dec-27 : Interest
₹339
08-Dec-28 : Interest
₹339
08-Dec-29 : Interest
₹339
08-Dec-30 : Interest
₹339
08-Dec-31 : Interest
₹339
08-Dec-32 : Interest
₹339
08-Dec-33 : Interest
₹204
12-Jul-34 : Interest
₹7,981
12-Jul-34 : Maturity amount (Investment: ₹2,000, Interest earned: ₹5,981)

Summary

Instrument Attributes

Value

Coupon Rate

16.99%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

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 INE652W08019 issued by Renjal Solar Private Limited

The instrument name of INE652W08019 ISIN is RENJAL SOLAR PRIVATE LIMITED 16.99 CCD 07DC34 FVRS20.
The interest earned from INE652W08019 bond issued by Renjal Solar Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE652W08019 bond issued by Renjal Solar Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 16.99%, which determines the periodic interest payments made to bondholders.
The INE652W08019 Debenture is issued by Renjal Solar Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow