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Instrument Details

ISIN: INE059B07120

Face value

₹10,00,000

Coupon rate

RESET RATE (REFER REMARKS)

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

22 Jan 2015

Maturity Date

22 Jan 2020

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SIMPLEX INFRASTRUCTURES LIMITED SR-VI-B RR LOA 22JN20 FVRS10LAC - Defaulted in Redemption
Simplex Infrastructures Limited, a Industrial company, has floated Debenture, having ISIN value as INE059B07120, with a face value of ₹10,00,000 rs on 22Jan15 to raise 50 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 11.85% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES.LETTER OF ALLOTMENT.SERIES VI - B. DATE OF MATURITY 22/01/2020. 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 05Feb15. CARE Ratings Limited has given D rating to this Debenture on 22Jan15. 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
21 Nov 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARKS)

Returns

Linked to Markets

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
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FAQs about INE059B07120 issued by Simplex Infrastructures Limited

The instrument name of INE059B07120 ISIN is SIMPLEX INFRASTRUCTURES LIMITED SR-VI-B RR LOA 22JN20 FVRS10LAC - Defaulted in Redemption.
The interest earned from INE059B07120 bond issued by Simplex Infrastructures Limited is paid Annually, ensuring regular and consistent income for investors.
This INE059B07120 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.
The coupon rate of INE059B07120 bond issued by Simplex Infrastructures Limited is RESET RATE (REFER REMARKS).
The INE059B07120 Debenture is issued by Simplex Infrastructures Limited, a Private Sector company.
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