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: INE06PM07024

Face value

₹500

Coupon rate

13.94%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

18.2325

Instrument Type

Debenture

Returns

High

Date of Issue

20 Dec 2019

Maturity Date

13 Jun 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

BBB (CARE 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

SAVE SOLUTIONS PRIVATE LIMITED 13.94 NCD 13JUN24 FVRS500
Save Solutions Private Limited, a Diversified company, has floated Debenture, having ISIN value as INE06PM07024, with a face value of ₹500 rs on 20Dec19 to raise 18.2325 crores. The debt instrument is issued with a coupon rate of 13.94% and its interest is paid Semi 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 Secured Debenture is 13.94% SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 13/06/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given BBB rating to this Debenture on 20Dec19. 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
check
Date Verified
05 Jun 2024
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹500
Lot Size
100
Minimum Investment
₹50,000

Cashflow

₹50,000
20-Dec-19 : Your investment
₹3,485
20-Jun-20 : Interest
₹3,485
20-Dec-20 : Interest
₹3,485
20-Jun-21 : Interest
₹3,485
20-Dec-21 : Interest
₹3,485
20-Jun-22 : Interest
₹3,485
20-Dec-22 : Interest
₹3,485
20-Jun-23 : Interest
₹3,485
20-Dec-23 : Interest
₹2,071
13-Jun-24 : Interest
₹79,951
13-Jun-24 : Maturity amount (Investment: ₹50,000, Interest earned: ₹29,951)

Summary

Instrument Attributes

Value

Coupon Rate

13.94%

Returns

High

Bond Rating

BBB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Diversified
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Diversified
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE06PM07024 issued by Save Solutions Private Limited

The instrument name of INE06PM07024 ISIN is SAVE SOLUTIONS PRIVATE LIMITED 13.94 NCD 13JUN24 FVRS500.
The interest earned from INE06PM07024 bond issued by Save Solutions Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE06PM07024 bond issued by Save Solutions Private Limited has been assigned a credit rating of BBB by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 13.94%, which determines the periodic interest payments made to bondholders.
The INE06PM07024 Debenture is issued by Save Solutions 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