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15% Tarendra Infrastructure Chennai Pvt Ltd - D Rated (INE263S07031)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE263S07031
Face value
₹10,00,000
Coupon rate
15%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
70
Instrument Type
Debenture
Returns
High
Date of Issue
08 Nov 2016
Maturity Date
31 May 2020
Perpetual
Yes
Listing Status
Unlisted
Rating status
D (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 1
Guarantee Type
Non Convertible
About this Bond
TARENDRA INFRASTRUCTURE CHENNAI PVT LTD SR TRANCHE II 15% LOA 31MY20 FVRS10LAC - Defaulted in Redemption
Tarendra Infrastructure Chennai Pvt Ltd, a Utilities company, has floated Debenture,
having ISIN value as INE263S07031, with a face value of ₹10,00,000 rs on 08Nov16 to raise 70 crores. The debt instrument
is issued with a coupon rate of 15% 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 15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE II. DATE OF MATURITY 31/05/2020. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given D rating to
this Debenture on 27Mar19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
08-Nov-16 : Your investment
₹37,50,000
08-Feb-17 : Interest
₹37,50,000
08-May-17 : Interest
₹37,50,000
08-Aug-17 : Interest
₹37,50,000
08-Nov-17 : Interest
₹37,50,000
08-Feb-18 : Interest
₹37,50,000
08-May-18 : Interest
₹37,50,000
08-Aug-18 : Interest
₹37,50,000
08-Nov-18 : Interest
₹37,50,000
08-Feb-19 : Interest
₹37,50,000
08-May-19 : Interest
₹37,50,000
08-Aug-19 : Interest
₹37,50,000
08-Nov-19 : Interest
₹37,50,000
08-Feb-20 : Interest
₹37,50,000
08-May-20 : Interest
₹15,25,00,000
31-May-20 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,25,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
15%
Returns
High
Bond Rating
D
Seniority in Repayment
Subordinate Tier 1
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Utilities
HEAD OFFICE
Chennai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Tarendra Infrastructure Chennai Pvt Ltd
FAQs about INE263S07031 issued by Tarendra Infrastructure Chennai Pvt Ltd
What is the instrument name of INE263S07031 ISIN?
The instrument name of INE263S07031 ISIN is TARENDRA INFRASTRUCTURE CHENNAI PVT LTD SR TRANCHE II 15% LOA 31MY20 FVRS10LAC - Defaulted in Redemption.
How frequently is the interest paid on INE263S07031 bond issued by Tarendra Infrastructure Chennai Pvt Ltd?
The interest earned from INE263S07031 bond issued by Tarendra Infrastructure Chennai Pvt Ltd is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE263S07031 bond issued by Tarendra Infrastructure Chennai Pvt Ltd?
This INE263S07031 bond issued by Tarendra Infrastructure Chennai Pvt Ltd has been assigned a credit rating of D by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE263S07031 bond issued by Tarendra Infrastructure Chennai Pvt Ltd?
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE263S07031 Debenture?
The INE263S07031 Debenture is issued by Tarendra Infrastructure Chennai Pvt Ltd, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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