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Instrument Details

ISIN: INE999B07036

Face value

₹10,00,000

Coupon rate

RESET RATE

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

305

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

23 Feb 2021

Maturity Date

23 Feb 2027

Perpetual

Yes

Listing Status

Listed

Rating status

D (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SANGHI INDUSTRIES LIMITED RR NCD 23FB27 FVRS10LAC
Sanghi Industries Limited, a Utilities company, has floated Debenture, having ISIN value as INE999B07036, with a face value of ₹10,00,000 rs on 23Feb21 to raise 305 crores. The debt instrument is issued with a coupon rate of RESET RATE 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 Unsecured Debenture is RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 23/02/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 24Feb21. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 05Feb21. This issuer is formerly known as SANGHI LEATHERS 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
06 Jul 2023
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE999B07036 issued by Sanghi Industries Limited

The instrument name of INE999B07036 ISIN is SANGHI INDUSTRIES LIMITED RR NCD 23FB27 FVRS10LAC.
The interest earned from INE999B07036 bond issued by Sanghi Industries Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE999B07036 bond issued by Sanghi Industries Limited has been assigned a credit rating of D by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE999B07036 bond issued by Sanghi Industries Limited is RESET RATE.
The INE999B07036 Debenture is issued by Sanghi Industries Limited, a Private Sector company.
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