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Instrument Details

ISIN: INE121X07031

Face value

₹10,00,000

Coupon rate

6%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1117

Instrument Type

Bond

Returns

Medium

Date of Issue

23 Mar 2020

Maturity Date

23 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

BBB (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SP IMPERIAL STAR PRIVATE LIMITED 6 LOA 23MR23 FVRS10LAC
Sp Imperial Star Private Limited, a Utilities company, has floated Bond, having ISIN value as INE121X07031, with a face value of ₹10,00,000 rs on 23Mar20 to raise 1117 crores. The debt instrument is issued with a coupon rate of 6% 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 Bond is 6% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE BOND. LETTER OF ALLOTMENT. DATE OF MATURITY 23/03/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 31Mar20. CARE RATINGS LIMITED has given BBB rating to this Bond on 25Mar20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB
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Date Verified
29 Mar 2023
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Outlook
Negative
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Seniority in Repayment
None
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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
23-Mar-20 : Your investment
₹60,00,000
23-Mar-21 : Interest
₹60,00,000
23-Mar-22 : Interest
₹60,00,000
23-Mar-23 : Interest
₹11,80,00,000
23-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,80,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

6%

Returns

Medium

Bond Rating

BBB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE121X07031 issued by Sp Imperial Star Private Limited

The instrument name of INE121X07031 ISIN is SP IMPERIAL STAR PRIVATE LIMITED 6 LOA 23MR23 FVRS10LAC.
The interest earned from INE121X07031 bond issued by Sp Imperial Star Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE121X07031 bond issued by Sp Imperial Star Private Limited has been assigned a credit rating of BBB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 6%, which determines the periodic interest payments made to bondholders.
The INE121X07031 Bond is issued by Sp Imperial Star Private Limited, a Private Sector company.
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