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Instrument Details

ISIN: INE972T07019

Face value

₹10,00,000

Coupon rate

10.70%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

112.5

Instrument Type

Debenture

Returns

High

Date of Issue

11 Jun 2014

Maturity Date

06 Nov 2021

Perpetual

Yes

Listing Status

Listed

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

SINTEX PREFAB AND INFRA LIMITED 10.7 LOA 11JU21 FVRS10LAC - Defaulted in Redemption
Sintex Prefab And Infra Limited, a Utilities company, has floated Debenture, having ISIN value as INE972T07019, with a face value of ₹10,00,000 rs on 11Jun14 to raise 112.5 crores. The debt instrument is issued with a coupon rate of 10.70% 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 10.70% SECURED LISTED REDEEMABLE NON COVNERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 11/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 26Sep17. CARE Ratings Limited has given WITHDRAWN rating to this Debenture on 12Sep19. This issuer is formerly known as SINTEX INFRA PROJECTS 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
Subordinate Tier 1
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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
11-Jun-14 : Your investment
₹26,75,000
11-Sep-14 : Interest
₹26,75,000
11-Dec-14 : Interest
₹26,75,000
11-Mar-15 : Interest
₹26,75,000
11-Jun-15 : Interest
₹26,75,000
11-Sep-15 : Interest
₹26,75,000
11-Dec-15 : Interest
₹26,75,000
11-Mar-16 : Interest
₹26,75,000
11-Jun-16 : Interest
₹26,75,000
11-Sep-16 : Interest
₹26,75,000
11-Dec-16 : Interest
₹26,75,000
11-Mar-17 : Interest
₹26,75,000
11-Jun-17 : Interest
₹26,75,000
11-Sep-17 : Interest
₹26,75,000
11-Dec-17 : Interest
₹26,75,000
11-Mar-18 : Interest
₹26,75,000
11-Jun-18 : Interest
₹26,75,000
11-Sep-18 : Interest
₹26,75,000
11-Dec-18 : Interest
₹26,75,000
11-Mar-19 : Interest
₹26,75,000
11-Jun-19 : Interest
₹26,75,000
11-Sep-19 : Interest
₹26,75,000
11-Dec-19 : Interest
₹26,75,000
11-Mar-20 : Interest
₹26,75,000
11-Jun-20 : Interest
₹26,75,000
11-Sep-20 : Interest
₹26,75,000
11-Dec-20 : Interest
₹26,75,000
11-Mar-21 : Interest
₹26,75,000
11-Jun-21 : Interest
₹26,75,000
11-Sep-21 : Interest
₹8,17,361
06-Nov-21 : Interest
₹17,83,92,361
06-Nov-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,83,92,361)

Summary

Instrument Attributes

Value

Coupon Rate

10.70%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE972T07019 issued by Sintex Prefab And Infra Limited

The instrument name of INE972T07019 ISIN is SINTEX PREFAB AND INFRA LIMITED 10.7 LOA 11JU21 FVRS10LAC - Defaulted in Redemption.
The interest earned from INE972T07019 bond issued by Sintex Prefab And Infra Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE972T07019 bond issued by Sintex Prefab And Infra Limited has been assigned a credit rating of WITHDRAWN by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.7%, which determines the periodic interest payments made to bondholders.
The INE972T07019 Debenture is issued by Sintex Prefab And Infra Limited, a Private Sector company.
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