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Instrument Details

ISIN: INE0IM307016

Face value

₹10,00,000

Coupon rate

16%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

175

Instrument Type

Debenture

Returns

High

Date of Issue

23 Sep 2021

Maturity Date

28 Feb 2026

Perpetual

Yes

Listing Status

Listed

Rating status

BBB- (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

RIDGECRAFT HOMES PRIVATE LIMITED TR I 16 LOA 28FB26 FVRS10LAC
Ridgecraft Homes Private Limited, has floated Debenture, having ISIN value as INE0IM307016, with a face value of ₹10,00,000 rs on 23Sep21 to raise 175 crores. The debt instrument is issued with a coupon rate of 16% and its interest is paid Monthly. 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 16% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE .DATE OF MATURITY 28/02/2026. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 27Sep21. Acuite Ratings And Research Limited has given BBB- rating to this Debenture on 26Aug21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB-
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Date Verified
05 Oct 2023
check
Outlook
Stable
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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
23-Sep-21 : Your investment
₹13,33,333
23-Oct-21 : Interest
₹13,33,333
23-Nov-21 : Interest
₹13,33,333
23-Dec-21 : Interest
₹13,33,333
23-Jan-22 : Interest
₹13,33,333
23-Feb-22 : Interest
₹13,33,333
23-Mar-22 : Interest
₹13,33,333
23-Apr-22 : Interest
₹13,33,333
23-May-22 : Interest
₹13,33,333
23-Jun-22 : Interest
₹13,33,333
23-Jul-22 : Interest
₹13,33,333
23-Aug-22 : Interest
₹13,33,333
23-Sep-22 : Interest
₹13,33,333
23-Oct-22 : Interest
₹13,33,333
23-Nov-22 : Interest
₹13,33,333
23-Dec-22 : Interest
₹13,33,333
23-Jan-23 : Interest
₹13,33,333
23-Feb-23 : Interest
₹13,33,333
23-Mar-23 : Interest
₹13,33,333
23-Apr-23 : Interest
₹13,33,333
23-May-23 : Interest
₹13,33,333
23-Jun-23 : Interest
₹13,33,333
23-Jul-23 : Interest
₹13,33,333
23-Aug-23 : Interest
₹13,33,333
23-Sep-23 : Interest
₹13,33,333
23-Oct-23 : Interest
₹13,33,333
23-Nov-23 : Interest
₹13,33,333
23-Dec-23 : Interest
₹13,33,333
23-Jan-24 : Interest
₹13,33,333
23-Feb-24 : Interest
₹13,33,333
23-Mar-24 : Interest
₹13,33,333
23-Apr-24 : Interest
₹13,33,333
23-May-24 : Interest
₹13,33,333
23-Jun-24 : Interest
₹13,33,333
23-Jul-24 : Interest
₹13,33,333
23-Aug-24 : Interest
₹13,33,333
23-Sep-24 : Interest
₹13,33,333
23-Oct-24 : Interest
₹13,33,333
23-Nov-24 : Interest
₹13,33,333
23-Dec-24 : Interest
₹13,33,333
23-Jan-25 : Interest
₹13,33,333
23-Feb-25 : Interest
₹13,33,333
23-Mar-25 : Interest
₹13,33,333
23-Apr-25 : Interest
₹13,33,333
23-May-25 : Interest
₹13,33,333
23-Jun-25 : Interest
₹13,33,333
23-Jul-25 : Interest
₹13,33,333
23-Aug-25 : Interest
₹13,33,333
23-Sep-25 : Interest
₹13,33,333
23-Oct-25 : Interest
₹13,33,333
23-Nov-25 : Interest
₹13,33,333
23-Dec-25 : Interest
₹13,33,333
23-Jan-26 : Interest
₹13,33,333
23-Feb-26 : Interest
₹66,666
28-Feb-26 : Interest
₹17,07,33,333
28-Feb-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,07,33,333)

Summary

Instrument Attributes

Value

Coupon Rate

16%

Returns

High

Bond Rating

BBB-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
Faridabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rated ★ 4.3+ on

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FAQs about INE0IM307016 issued by Ridgecraft Homes Private Limited

The instrument name of INE0IM307016 ISIN is RIDGECRAFT HOMES PRIVATE LIMITED TR I 16 LOA 28FB26 FVRS10LAC.
The interest earned from INE0IM307016 bond issued by Ridgecraft Homes Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE0IM307016 bond issued by Ridgecraft Homes Private Limited has been assigned a credit rating of BBB- by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 16%, which determines the periodic interest payments made to bondholders.
The INE0IM307016 Debenture is issued by Ridgecraft Homes Private Limited, a Private Sector company.
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