Instrument Details

ISIN: INE391V07026

Face value

₹10,00,000

Coupon rate

14.25%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

High

Date of Issue

14 Sep 2021

Maturity Date

20 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SHREM INFRA STRUCTURE PRIVATE LIMITED SR B 14.25 NCD 20DC24 FVRS10LAC
Shrem Infra Structure Private Limited, a Civil Construction company, has floated Debenture, having ISIN value as INE391V07026, with a face value of ₹10,00,000 rs on 14Sep21 to raise 50 crores. The debt instrument is issued with a coupon rate of 14.25% 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 14.25% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES.SERIES B. DATE OF MATURITY 20/12/2024. 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 NSE stock exchange on 20Sep21. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 26Mar21. This issuer is formerly known as SHREM LIFE CARE PRIVATE LIMITED, FLYING-COLOURS CONSTRUCTION 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
AA
High Safety
AA
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Date Verified
16 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
14-Sep-21 : Your investment
₹35,62,500
14-Dec-21 : Interest
₹35,62,500
14-Mar-22 : Interest
₹35,62,500
14-Jun-22 : Interest
₹35,62,500
14-Sep-22 : Interest
₹35,62,500
14-Dec-22 : Interest
₹35,62,500
14-Mar-23 : Interest
₹35,62,500
14-Jun-23 : Interest
₹35,62,500
14-Sep-23 : Interest
₹35,62,500
14-Dec-23 : Interest
₹35,62,500
14-Mar-24 : Interest
₹35,62,500
14-Jun-24 : Interest
₹35,62,500
14-Sep-24 : Interest
₹35,62,500
14-Dec-24 : Interest
₹14,63,12,500
20-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,63,12,500)

Summary

Instrument Attributes

Value

Coupon Rate

14.25%

Returns

High

Bond Rating

AA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Civil Construction
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Construction
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE391V07026 issued by Shrem Infra Structure Private Limited

The instrument name of INE391V07026 ISIN is SHREM INFRA STRUCTURE PRIVATE LIMITED SR B 14.25 NCD 20DC24 FVRS10LAC.
The interest earned from INE391V07026 bond issued by Shrem Infra Structure Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE391V07026 bond issued by Shrem Infra Structure Private Limited has been assigned a credit rating of AA 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 14.25%, which determines the periodic interest payments made to bondholders.
The INE391V07026 Debenture is issued by Shrem Infra Structure Private Limited, a Private Sector company.