Instrument Details

ISIN: INE0CKK07029

Face value

₹8,90,910

Coupon rate

19.21%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

400

Instrument Type

Debenture

Returns

High

Date of Issue

02 Nov 2021

Maturity Date

11 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

B (Acuite 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

SHRESHTA INFRA PROJECTS PRIVATE LIMITED SR I 19.21 NCD 01NV25 FVRS890909.091
Shreshta Infra Projects Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE0CKK07029, with a face value of ₹8,90,910 rs on 02Nov21 to raise 400 crores. The debt instrument is issued with a coupon rate of 19.21% and its interest is paid Monthly. 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 19.21% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES I.DATE OF MATURITY 01/11/2025. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 09Nov21. Acuite Ratings And Research Limited has given B rating to this Debenture on 14Oct21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
B
High Risk
B
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Date Verified
17 Oct 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
₹8,90,910
Lot Size
100
Minimum Investment
₹8,90,91,000

Cashflow

₹8,90,91,000
02-Nov-21 : Your investment
₹14,26,198
02-Dec-21 : Interest
₹14,26,198
02-Jan-22 : Interest
₹14,26,198
02-Feb-22 : Interest
₹14,26,198
02-Mar-22 : Interest
₹14,26,198
02-Apr-22 : Interest
₹14,26,198
02-May-22 : Interest
₹14,26,198
02-Jun-22 : Interest
₹14,26,198
02-Jul-22 : Interest
₹14,26,198
02-Aug-22 : Interest
₹14,26,198
02-Sep-22 : Interest
₹14,26,198
02-Oct-22 : Interest
₹14,26,198
02-Nov-22 : Interest
₹14,26,198
02-Dec-22 : Interest
₹14,26,198
02-Jan-23 : Interest
₹14,26,198
02-Feb-23 : Interest
₹14,26,198
02-Mar-23 : Interest
₹14,26,198
02-Apr-23 : Interest
₹14,26,198
02-May-23 : Interest
₹14,26,198
02-Jun-23 : Interest
₹14,26,198
02-Jul-23 : Interest
₹14,26,198
02-Aug-23 : Interest
₹14,26,198
02-Sep-23 : Interest
₹14,26,198
02-Oct-23 : Interest
₹14,26,198
02-Nov-23 : Interest
₹14,26,198
02-Dec-23 : Interest
₹14,26,198
02-Jan-24 : Interest
₹14,26,198
02-Feb-24 : Interest
₹14,26,198
02-Mar-24 : Interest
₹14,26,198
02-Apr-24 : Interest
₹14,26,198
02-May-24 : Interest
₹14,26,198
02-Jun-24 : Interest
₹14,26,198
02-Jul-24 : Interest
₹14,26,198
02-Aug-24 : Interest
₹14,26,198
02-Sep-24 : Interest
₹14,26,198
02-Oct-24 : Interest
₹14,26,198
02-Nov-24 : Interest
₹14,26,198
02-Dec-24 : Interest
₹14,26,198
02-Jan-25 : Interest
-₹71,309
11-Jan-25 : Interest
₹14,32,15,230
11-Jan-25 : Maturity amount (Investment: ₹8,90,91,000, Interest earned: ₹5,41,24,230)

Summary

Instrument Attributes

Value

Coupon Rate

19.21%

Returns

High

Bond Rating

B

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Residential, Commercial Projects
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Realty
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0CKK07029 issued by Shreshta Infra Projects Private Limited

The instrument name of INE0CKK07029 ISIN is SHRESHTA INFRA PROJECTS PRIVATE LIMITED SR I 19.21 NCD 01NV25 FVRS890909.091.
The interest earned from INE0CKK07029 bond issued by Shreshta Infra Projects Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE0CKK07029 bond issued by Shreshta Infra Projects Private Limited has been assigned a credit rating of B by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 19.21%, which determines the periodic interest payments made to bondholders.
The INE0CKK07029 Debenture is issued by Shreshta Infra Projects Private Limited, a Private Sector company.