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Instrument Details

ISIN: INE069R07182

Face value

₹1,00,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

50

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

12 Feb 2016

Maturity Date

30 Sep 2019

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (BRICKWORK Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SPRIT INFRAPOWER & MULTIVENTURES PRIVATE LIMITED SR 1 NCD 30SP19 FVRS1CR
Sprit Infrapower & Multiventures Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE069R07182, with a face value of ₹1,00,00,000 rs on 12Feb16 to raise 50 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY 30/09/2019. 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. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 18Feb19. This issuer is formerly known as SPRIT TEXTILES PRIVATE LIMITED, SPRIT LOUNGE 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
D
Default or Expect to Default
D
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Date Verified
19 Jul 2024
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE069R07182 issued by Sprit Infrapower & Multiventures Private Limited

The instrument name of INE069R07182 ISIN is SPRIT INFRAPOWER & MULTIVENTURES PRIVATE LIMITED SR 1 NCD 30SP19 FVRS1CR.
Never, as INE069R07182 bond issued by Sprit Infrapower & Multiventures Private Limited is a Zero-coupon bond.
This INE069R07182 bond issued by Sprit Infrapower & Multiventures Private Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE069R07182 bond issued by Sprit Infrapower & Multiventures Private Limited is 0%.
The INE069R07182 Debenture is issued by Sprit Infrapower & Multiventures Private Limited, a Private Sector company.
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