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Instrument Details

ISIN: INE087H07078

Face value

₹10,00,000

Coupon rate

11.30%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

High

Date of Issue

24 Dec 2012

Maturity Date

31 Mar 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

A (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SHREE RENUKA SUGARS LIMITED 11.3 NCD 31MR24 FVRS10LAC
Shree Renuka Sugars Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE087H07078, with a face value of ₹10,00,000 rs on 24Dec12 to raise 100 crores. The debt instrument is issued with a coupon rate of 11.30% 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 11.30% SECURED RATED LISTED NON-CONVERTIBLE DEBENTURE. DATE OF MATURITY 31/03/2024. 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. INDIA RATING AND RESEARCH PVT. LTD has given A rating to this Debenture on 21Aug19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A
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Date Verified
18 Aug 2023
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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
24-Dec-12 : Your investment
₹28,25,000
24-Mar-13 : Interest
₹28,25,000
24-Jun-13 : Interest
₹28,25,000
24-Sep-13 : Interest
₹28,25,000
24-Dec-13 : Interest
₹28,25,000
24-Mar-14 : Interest
₹28,25,000
24-Jun-14 : Interest
₹28,25,000
24-Sep-14 : Interest
₹28,25,000
24-Dec-14 : Interest
₹28,25,000
24-Mar-15 : Interest
₹28,25,000
24-Jun-15 : Interest
₹28,25,000
24-Sep-15 : Interest
₹28,25,000
24-Dec-15 : Interest
₹28,25,000
24-Mar-16 : Interest
₹28,25,000
24-Jun-16 : Interest
₹28,25,000
24-Sep-16 : Interest
₹28,25,000
24-Dec-16 : Interest
₹28,25,000
24-Mar-17 : Interest
₹28,25,000
24-Jun-17 : Interest
₹28,25,000
24-Sep-17 : Interest
₹28,25,000
24-Dec-17 : Interest
₹28,25,000
24-Mar-18 : Interest
₹28,25,000
24-Jun-18 : Interest
₹28,25,000
24-Sep-18 : Interest
₹28,25,000
24-Dec-18 : Interest
₹28,25,000
24-Mar-19 : Interest
₹28,25,000
24-Jun-19 : Interest
₹28,25,000
24-Sep-19 : Interest
₹28,25,000
24-Dec-19 : Interest
₹28,25,000
24-Mar-20 : Interest
₹28,25,000
24-Jun-20 : Interest
₹28,25,000
24-Sep-20 : Interest
₹28,25,000
24-Dec-20 : Interest
₹28,25,000
24-Mar-21 : Interest
₹28,25,000
24-Jun-21 : Interest
₹28,25,000
24-Sep-21 : Interest
₹28,25,000
24-Dec-21 : Interest
₹28,25,000
24-Mar-22 : Interest
₹28,25,000
24-Jun-22 : Interest
₹28,25,000
24-Sep-22 : Interest
₹28,25,000
24-Dec-22 : Interest
₹28,25,000
24-Mar-23 : Interest
₹28,25,000
24-Jun-23 : Interest
₹28,25,000
24-Sep-23 : Interest
₹28,25,000
24-Dec-23 : Interest
₹28,25,000
24-Mar-24 : Interest
-₹78,472
31-Mar-24 : Interest
₹22,70,46,527
31-Mar-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹12,70,46,527)

Summary

Instrument Attributes

Value

Coupon Rate

11.30%

Returns

High

Bond Rating

A

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Goods including FMGC
Head Office
HEAD OFFICE
Belagavi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE087H07078 issued by Shree Renuka Sugars Limited

The instrument name of INE087H07078 ISIN is SHREE RENUKA SUGARS LIMITED 11.3 NCD 31MR24 FVRS10LAC.
The interest earned from INE087H07078 bond issued by Shree Renuka Sugars Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE087H07078 bond issued by Shree Renuka Sugars Limited has been assigned a credit rating of A by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.3%, which determines the periodic interest payments made to bondholders.
The INE087H07078 Debenture is issued by Shree Renuka Sugars Limited, a Private Sector company.
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