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Instrument Details

ISIN: INE496Z07024

Face value

₹10,00,000

Coupon rate

9.50%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

255

Instrument Type

Debenture

Returns

High

Date of Issue

04 May 2018

Maturity Date

05 Mar 2026

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (Acuite 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

TAQUITO LEASE OPERATORS PRIVATE LIMITED 9.50 NCD 03MY26 FVRS10LAC
Taquito Lease Operators Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE496Z07024, with a face value of ₹10,00,000 rs on 04May18 to raise 255 crores. The debt instrument is issued with a coupon rate of 9.50% 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 Secured Debenture is 9.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 03/05/2026.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given D rating to this Debenture on 16Sep17. 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
29 Sep 2023
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Outlook
-
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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
04-May-18 : Your investment
₹23,75,000
04-Aug-18 : Interest
₹23,75,000
04-Nov-18 : Interest
₹23,75,000
04-Feb-19 : Interest
₹23,75,000
04-May-19 : Interest
₹23,75,000
04-Aug-19 : Interest
₹23,75,000
04-Nov-19 : Interest
₹23,75,000
04-Feb-20 : Interest
₹23,75,000
04-May-20 : Interest
₹23,75,000
04-Aug-20 : Interest
₹23,75,000
04-Nov-20 : Interest
₹23,75,000
04-Feb-21 : Interest
₹23,75,000
04-May-21 : Interest
₹23,75,000
04-Aug-21 : Interest
₹23,75,000
04-Nov-21 : Interest
₹23,75,000
04-Feb-22 : Interest
₹23,75,000
04-May-22 : Interest
₹23,75,000
04-Aug-22 : Interest
₹23,75,000
04-Nov-22 : Interest
₹23,75,000
04-Feb-23 : Interest
₹23,75,000
04-May-23 : Interest
₹23,75,000
04-Aug-23 : Interest
₹23,75,000
04-Nov-23 : Interest
₹23,75,000
04-Feb-24 : Interest
₹23,75,000
04-May-24 : Interest
₹23,75,000
04-Aug-24 : Interest
₹23,75,000
04-Nov-24 : Interest
₹23,75,000
04-Feb-25 : Interest
₹23,75,000
04-May-25 : Interest
₹23,75,000
04-Aug-25 : Interest
₹23,75,000
04-Nov-25 : Interest
₹23,75,000
04-Feb-26 : Interest
₹1,18,750
05-Mar-26 : Interest
₹17,37,43,750
05-Mar-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,37,43,750)

Summary

Instrument Attributes

Value

Coupon Rate

9.50%

Returns

High

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 INE496Z07024 issued by Taquito Lease Operators Private Limited

The instrument name of INE496Z07024 ISIN is TAQUITO LEASE OPERATORS PRIVATE LIMITED 9.50 NCD 03MY26 FVRS10LAC.
The interest earned from INE496Z07024 bond issued by Taquito Lease Operators Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE496Z07024 bond issued by Taquito Lease Operators Private Limited has been assigned a credit rating of D by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
The INE496Z07024 Debenture is issued by Taquito Lease Operators Private Limited, a Private Sector company.
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