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Instrument Details

ISIN: INE511S08023

Face value

₹1,00,00,000

Coupon rate

RESET RATE ( REFER REMARK)

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

70

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

31 Mar 2015

Maturity Date

30 Jun 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

SUSTAINABLE AGRO-COMMERCIAL FINANCE LIMITED SR 1 RR LOA 30JU22 FVRS1CR
Sustainable Agro-commercial Finance Limited, a Finance company, has floated Debenture, having ISIN value as INE511S08023, with a face value of ₹1,00,00,000 rs on 31Mar15 to raise 70 crores. The debt instrument is issued with a coupon rate of RESET RATE ( REFER REMARK) and its interest is paid Quarterly. 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 RESET RATE UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 30/06/2022. This instrument is issued in Private Placement (EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 02Jul21. 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
30 May 2023
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Outlook
No Outlook
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE ( REFER REMARK)

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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FAQs about INE511S08023 issued by Sustainable Agro-commercial Finance Limited

The instrument name of INE511S08023 ISIN is SUSTAINABLE AGRO-COMMERCIAL FINANCE LIMITED SR 1 RR LOA 30JU22 FVRS1CR.
The interest earned from INE511S08023 bond issued by Sustainable Agro-commercial Finance Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE511S08023 bond issued by Sustainable Agro-commercial Finance Limited has been assigned a credit rating of D by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE511S08023 bond issued by Sustainable Agro-commercial Finance Limited is RESET RATE ( REFER REMARK).
The INE511S08023 Debenture is issued by Sustainable Agro-commercial Finance Limited, a Private Sector company.
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