Instrument Details

ISIN: INE391V07091

Face value

₹10,00,000

Coupon rate

8.39%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

High

Date of Issue

09 May 2022

Maturity Date

31 Aug 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SHREM INFRA STRUCTURE PRIVATE LIMITED SR G 8.39 LOA 31AG24 FVRS10LAC
Shrem Infra Structure Private Limited, a Civil Construction company, has floated Debenture, having ISIN value as INE391V07091, with a face value of ₹10,00,000 rs on 09May22 to raise 75 crores. The debt instrument is issued with a coupon rate of 8.39% 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 8.39% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES.SERIES G.LETTER OF ALLOTMENT. DATE OF MATURITY 31/08/2024. This instrument is issued in Private Placement (EBP) 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 AA rating to this Debenture on 22Mar22. 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
08 Jun 2022
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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
09-May-22 : Your investment
₹20,97,500
09-Aug-22 : Interest
₹20,97,500
09-Nov-22 : Interest
₹20,97,500
09-Feb-23 : Interest
₹20,97,500
09-May-23 : Interest
₹20,97,500
09-Aug-23 : Interest
₹20,97,500
09-Nov-23 : Interest
₹20,97,500
09-Feb-24 : Interest
₹20,97,500
09-May-24 : Interest
₹20,97,500
09-Aug-24 : Interest
₹11,88,77,500
31-Aug-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,88,77,500)

Summary

Instrument Attributes

Value

Coupon Rate

8.39%

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 INE391V07091 issued by Shrem Infra Structure Private Limited

The instrument name of INE391V07091 ISIN is SHREM INFRA STRUCTURE PRIVATE LIMITED SR G 8.39 LOA 31AG24 FVRS10LAC.
The interest earned from INE391V07091 bond issued by Shrem Infra Structure Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE391V07091 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 8.39%, which determines the periodic interest payments made to bondholders.
The INE391V07091 Debenture is issued by Shrem Infra Structure Private Limited, a Private Sector company.