Instrument Details

ISIN: INE391V07067

Face value

₹10,00,000

Coupon rate

GSEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

137

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

11 Mar 2022

Maturity Date

06 Nov 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA (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

SHREM INFRA STRUCTURE PRIVATE LIMITED SR 1 1-1370 BR LOA 11JU24 FVRS10LAC
Shrem Infra Structure Private Limited, a Civil Construction company, has floated Debenture, having ISIN value as INE391V07067, with a face value of ₹10,00,000 rs on 11Mar22 to raise 137 crores. The debt instrument is issued with a coupon rate of GSEC LINKED and its interest is paid on Maturity. 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 GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURE.SERIES SIPL MLD 2025 SERIES 1 1-1370.DATE OF MATURITY 11/06/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 16Mar22. INDIA RATING AND RESEARCH PVT. LTD has given PP-MLD AA rating to this Debenture on 03Mar22. 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
PP-MLD 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

Summary

Instrument Attributes

Value

Coupon Rate

GSEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD 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 INE391V07067 issued by Shrem Infra Structure Private Limited

The instrument name of INE391V07067 ISIN is SHREM INFRA STRUCTURE PRIVATE LIMITED SR 1 1-1370 BR LOA 11JU24 FVRS10LAC.
The interest earned from the INE391V07067 bond issued by Shrem Infra Structure Private Limited is paid at the time of maturity
This INE391V07067 bond issued by Shrem Infra Structure Private Limited has been assigned a credit rating of PP-MLD AA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE391V07067 bond issued by Shrem Infra Structure Private Limited is GSEC LINKED.
The INE391V07067 Debenture is issued by Shrem Infra Structure Private Limited, a Private Sector company.