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Instrument Details

ISIN: INE600W08067

Face value

₹10

Coupon rate

15%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

8

Instrument Type

Debenture

Returns

High

Date of Issue

30 May 2017

Maturity Date

29 May 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

SOLAIRE SURYA URJA PRIVATE LIMITED 15 CCD 29MY27 FVRS10
Solaire Surya Urja Private Limited, a Energy company, has floated Debenture, having ISIN value as INE600W08067, with a face value of ₹10 rs on 30May17 to raise 8 crores. The debt instrument is issued with a coupon rate of 15% 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 Unsecured Debenture is 15% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 29/05/2027.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
30-May-17 : Your investment
₹75
30-Nov-17 : Interest
₹75
30-May-18 : Interest
₹75
30-Nov-18 : Interest
₹75
30-May-19 : Interest
₹75
30-Nov-19 : Interest
₹75
30-May-20 : Interest
₹75
30-Nov-20 : Interest
₹75
30-May-21 : Interest
₹75
30-Nov-21 : Interest
₹75
30-May-22 : Interest
₹75
30-Nov-22 : Interest
₹75
30-May-23 : Interest
₹75
30-Nov-23 : Interest
₹75
30-May-24 : Interest
₹75
30-Nov-24 : Interest
₹75
30-May-25 : Interest
₹75
30-Nov-25 : Interest
₹75
30-May-26 : Interest
₹75
30-Nov-26 : Interest
₹58
29-May-27 : Interest
₹2,483
29-May-27 : Maturity amount (Investment: ₹1,000, Interest earned: ₹1,483)

Summary

Instrument Attributes

Value

Coupon Rate

15%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE600W08067 issued by Solaire Surya Urja Private Limited

The instrument name of INE600W08067 ISIN is SOLAIRE SURYA URJA PRIVATE LIMITED 15 CCD 29MY27 FVRS10.
The interest earned from INE600W08067 bond issued by Solaire Surya Urja Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE600W08067 bond issued by Solaire Surya Urja Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
The INE600W08067 Debenture is issued by Solaire Surya Urja Private Limited, a Private Sector company.
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