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Instrument Details

ISIN: INE0IUN07011

Face value

₹10,00,000

Coupon rate

14.35% IRR

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

450

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

08 Feb 2022

Maturity Date

02 Jul 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

BB+ (BRICKWORK Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SALSETTE DEVELOPERS PRIVATE LIMITED 14.35 IRR NCD 07FB26 FVRS10LAC
Salsette Developers Private Limited, has floated Debenture, having ISIN value as INE0IUN07011, with a face value of ₹10,00,000 rs on 08Feb22 to raise 450 crores. The debt instrument is issued with a coupon rate of 14.35% IRR 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 Secured Debenture is 14.35%IRR SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.TRANCHE 1.DATE OF MATURITY 07/02/2026. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BB+ rating to this Debenture on 03Sep21. This issuer is formerly known as SHAZAM FOODS PRIVATE LIMITED, WINDSOR ADVISORS 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
BB
Moderate Risk
BB+
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Date Verified
06 Jan 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

14.35% IRR

Returns

Linked to Markets

Bond Rating

BB+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

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FAQs about INE0IUN07011 issued by Salsette Developers Private Limited

The instrument name of INE0IUN07011 ISIN is SALSETTE DEVELOPERS PRIVATE LIMITED 14.35 IRR NCD 07FB26 FVRS10LAC.
The interest earned from INE0IUN07011 bond issued by Salsette Developers Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0IUN07011 bond issued by Salsette Developers Private Limited has been assigned a credit rating of BB+ by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE0IUN07011 bond issued by Salsette Developers Private Limited is 14.35% IRR.
The INE0IUN07011 Debenture is issued by Salsette Developers Private Limited, a Private Sector company.
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