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Instrument Details

ISIN: INE992V07021

Face value

₹10,00,000

Coupon rate

12.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

5

Instrument Type

Debenture

Returns

High

Date of Issue

19 Aug 2020

Maturity Date

19 Feb 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SAMBANDH FINSERVE PRIVATE LIMITED 12.50 NCD 19FB22 FVRS10LAC
Sambandh Finserve Private Limited, a Finance company, has floated Debenture, having ISIN value as INE992V07021, with a face value of ₹10,00,000 rs on 19Aug20 to raise 5 crores. The debt instrument is issued with a coupon rate of 12.50% 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 12.5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 19/02/2022. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 13Aug20. This issuer is formerly known as MODLINE BUILDCAP 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
D
Default or Expect to Default
D
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Date Verified
16 Apr 2024
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Outlook
No Outlook
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Seniority in Repayment
None
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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
19-Aug-20 : Your investment
₹31,25,000
19-Nov-20 : Interest
₹31,25,000
19-Feb-21 : Interest
₹31,25,000
19-May-21 : Interest
₹31,25,000
19-Aug-21 : Interest
₹31,25,000
19-Nov-21 : Interest
₹31,25,000
19-Feb-22 : Interest
₹11,87,50,000
19-Feb-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,87,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

12.50%

Returns

High

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

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FAQs about INE992V07021 issued by Sambandh Finserve Private Limited

The instrument name of INE992V07021 ISIN is SAMBANDH FINSERVE PRIVATE LIMITED 12.50 NCD 19FB22 FVRS10LAC.
The interest earned from INE992V07021 bond issued by Sambandh Finserve Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE992V07021 bond issued by Sambandh Finserve Private Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12.5%, which determines the periodic interest payments made to bondholders.
The INE992V07021 Debenture is issued by Sambandh Finserve Private Limited, a Private Sector company.
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