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Instrument Details

ISIN: INE059B07070

Face value

₹10,00,000

Coupon rate

11.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

18 Mar 2014

Maturity Date

18 Mar 2021

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE 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

SIMPLEX INFRASTRUCTURES LIMITED SR-IV 11.25 LOA 18MR21 FVRS10LAC
Simplex Infrastructures Limited, a Industrial company, has floated Debenture, having ISIN value as INE059B07070, with a face value of ₹10,00,000 rs on 18Mar14 to raise 25 crores. The debt instrument is issued with a coupon rate of 11.25% and its interest is paid 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 11.25% SECURED NON CONVERTIBLE DEBENTURES. SERIES IV. LETTER OF ALLOTMENT. DATE OF MATURITY 18/03/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 31Mar14. CARE Ratings Limited has given D rating to this Debenture on 26Dec13. This issuer is formerly known as SIMPLEX CONCRETE PILES (INDIA) 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
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Date Verified
24 Nov 2023
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Outlook
No Outlook
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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
18-Mar-14 : Your investment
₹1,12,50,000
18-Mar-15 : Interest
₹1,12,50,000
18-Mar-16 : Interest
₹1,12,50,000
18-Mar-17 : Interest
₹1,12,50,000
18-Mar-18 : Interest
₹1,12,50,000
18-Mar-19 : Interest
₹1,12,50,000
18-Mar-20 : Interest
₹1,12,50,000
18-Mar-21 : Interest
₹17,87,50,000
18-Mar-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,87,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.25%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE059B07070 issued by Simplex Infrastructures Limited

The instrument name of INE059B07070 ISIN is SIMPLEX INFRASTRUCTURES LIMITED SR-IV 11.25 LOA 18MR21 FVRS10LAC.
The interest earned from INE059B07070 bond issued by Simplex Infrastructures Limited is paid Annually, ensuring regular and consistent income for investors.
This INE059B07070 bond issued by Simplex Infrastructures Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.25%, which determines the periodic interest payments made to bondholders.
The INE059B07070 Debenture is issued by Simplex Infrastructures Limited, a Private Sector company.
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