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Instrument Details

ISIN: INE084S07023

Face value

₹10,00,000

Coupon rate

CD RATE + 2.185%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

167.5

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 2 RR BD 28FB29 FVRS10LAC
Sugam Vanijya Holdings Private Limited, a Consumer Services company, has floated Bond, having ISIN value as INE084S07023, with a face value of ₹10,00,000 rs on 20Dec18 to raise 167.5 crores. The debt instrument is issued with a coupon rate of CD RATE + 2.185% 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 CD RATE LINKED SECURED RATED LISTED NON CONVERTIBLE BONDS SERIES 2. 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
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Date Verified
04 Mar 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

CD RATE + 2.185%

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 INE084S07023 issued by Sugam Vanijya Holdings Private Limited

The instrument name of INE084S07023 ISIN is SUGAM VANIJYA HOLDINGS PRIVATE LIMITED SR 2 RR BD 28FB29 FVRS10LAC.
The interest earned from INE084S07023 bond issued by Sugam Vanijya Holdings Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE084S07023 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 INE084S07023 bond issued by Sugam Vanijya Holdings Private Limited is CD RATE + 2.185%.
The INE084S07023 Bond is issued by Sugam Vanijya Holdings Private Limited, a Private Sector company.
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