The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE075B07027

Face value

₹10,00,000

Coupon rate

11%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

High

Date of Issue

27 Jun 2016

Maturity Date

25 Jun 2021

Perpetual

Yes

Listing Status

Listed

Rating status

D (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SICAL LOGISTICS LIMITED 11 NCD 25JU21 FVRS10LAC
Sical Logistics Limited, a Utilities company, has floated Debenture, having ISIN value as INE075B07027, with a face value of ₹10,00,000 rs on 27Jun16 to raise 100 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid Semi Annually. 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% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 25/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 26Jul16 & on BSE stock exchange on 26Jul16. ICRA LIMITED has given D rating to this Debenture on 29Dec23. This issuer is formerly known as SOUTH INDIA CORP (AGENCIES) LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
check
Date Verified
02 Jan 2024
check
Outlook
No Outlook
logo
Seniority in Repayment
Senior
logo
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
27-Jun-16 : Your investment
₹55,00,000
27-Dec-16 : Interest
₹55,00,000
27-Jun-17 : Interest
₹55,00,000
27-Dec-17 : Interest
₹55,00,000
27-Jun-18 : Interest
₹55,00,000
27-Dec-18 : Interest
₹55,00,000
27-Jun-19 : Interest
₹55,00,000
27-Dec-19 : Interest
₹55,00,000
27-Jun-20 : Interest
₹55,00,000
27-Dec-20 : Interest
₹34,83,333
25-Jun-21 : Interest
₹15,29,83,333
25-Jun-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,29,83,333)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Chennai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE075B07027 issued by Sical Logistics Limited

The instrument name of INE075B07027 ISIN is SICAL LOGISTICS LIMITED 11 NCD 25JU21 FVRS10LAC.
The interest earned from INE075B07027 bond issued by Sical Logistics Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE075B07027 bond issued by Sical Logistics Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE075B07027 Debenture is issued by Sical Logistics Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow