The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE084S07015

Face value

₹10,00,000

Coupon rate

MCLR PLUS 0.36%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

305

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

20 Dec 2018

Maturity Date

28 Feb 2029

Perpetual

Yes

Listing Status

Listed

Rating status

BBB (ICRA Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SUGAM VANIJYA HOLDINGS PRIVATE LIMITED SR 1 RR BD 28FB29 FVRS10LAC
Sugam Vanijya Holdings Private Limited, a Consumer Services company, has floated Bond, having ISIN value as INE084S07015, with a face value of ₹10,00,000 rs on 20Dec18 to raise 305 crores. The debt instrument is issued with a coupon rate of MCLR PLUS 0.36% and its interest is paid Monthly. 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 MCLR LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS SERIES I. DATE OF MATURITY 28/02/2029. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 09Jan19. ICRA LIMITED has given BBB rating to this Bond on 01Mar24. This issuer is formerly known as SUGAM VANIJYA INVESTMENTS PVT LTD 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
check
Date Verified
04 Mar 2024
check
Outlook
Stable
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

MCLR PLUS 0.36%

Returns

Linked to Markets

Bond Rating

BBB

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Services
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE084S07015 issued by Sugam Vanijya Holdings Private Limited

The instrument name of INE084S07015 ISIN is SUGAM VANIJYA HOLDINGS PRIVATE LIMITED SR 1 RR BD 28FB29 FVRS10LAC.
The interest earned from INE084S07015 bond issued by Sugam Vanijya Holdings Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE084S07015 bond issued by Sugam Vanijya Holdings Private Limited has been assigned a credit rating of BBB by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE084S07015 bond issued by Sugam Vanijya Holdings Private Limited is MCLR PLUS 0.36%.
The INE084S07015 Bond is issued by Sugam Vanijya Holdings Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow