Instrument Details

ISIN: INE429L07025

Face value

₹1,00,00,000

Coupon rate

18.66%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

55

Instrument Type

Debenture

Returns

High

Date of Issue

17 Jan 2018

Maturity Date

17 Feb 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

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

SINEW DEVELOPERS PRIVATE LIMITED SR C 18.66 NCD 17FB21 FVRS1CR
Sinew Developers Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE429L07025, with a face value of ₹1,00,00,000 rs on 17Jan18 to raise 55 crores. The debt instrument is issued with a coupon rate of 18.66% 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 18.66% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. DATE OF MATURITY 17/02/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as SINEW DEVELOPERS LIMITED, SINEW DEVELOPERS 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
₹1,00,00,000
Lot Size
100
Minimum Investment
₹1,00,00,00,000

Cashflow

₹1,00,00,00,000
17-Jan-18 : Your investment
₹4,66,50,000
17-Apr-18 : Interest
₹4,66,50,000
17-Jul-18 : Interest
₹4,66,50,000
17-Oct-18 : Interest
₹4,66,50,000
17-Jan-19 : Interest
₹4,66,50,000
17-Apr-19 : Interest
₹4,66,50,000
17-Jul-19 : Interest
₹4,66,50,000
17-Oct-19 : Interest
₹4,66,50,000
17-Jan-20 : Interest
₹4,66,50,000
17-Apr-20 : Interest
₹4,66,50,000
17-Jul-20 : Interest
₹4,66,50,000
17-Oct-20 : Interest
₹4,66,50,000
17-Jan-21 : Interest
-₹1,06,25,833
17-Feb-21 : Interest
₹1,54,91,74,166
17-Feb-21 : Maturity amount (Investment: ₹1,00,00,00,000, Interest earned: ₹54,91,74,166)

Summary

Instrument Attributes

Value

Coupon Rate

18.66%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE429L07025 issued by Sinew Developers Private Limited

The instrument name of INE429L07025 ISIN is SINEW DEVELOPERS PRIVATE LIMITED SR C 18.66 NCD 17FB21 FVRS1CR.
The interest earned from INE429L07025 bond issued by Sinew Developers Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE429L07025 bond issued by Sinew Developers Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 18.66%, which determines the periodic interest payments made to bondholders.
The INE429L07025 Debenture is issued by Sinew Developers Private Limited, a Private Sector company.