Instrument Details

ISIN: INE597R08040

Face value

₹10,00,000

Coupon rate

12%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

5

Instrument Type

Debenture

Returns

High

Date of Issue

17 Oct 2020

Maturity Date

16 Oct 2035

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

THALES VENTURES LIMITED 12 NCD 16OT35 FVRS10LAC
Thales Ventures Limited, a Utilities company, has floated Debenture, having ISIN value as INE597R08040, with a face value of ₹10,00,000 rs on 17Oct20 to raise 5 crores. The debt instrument is issued with a coupon rate of 12% 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 12% UNSECURED UNRATED UNLISTED INTEREST BEARING TRANSFERABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 16/10/2035.. 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. This debt instrument is Unrated. This issuer is formerly known as TRIF REAL ESTATE AND DEVELOPMENT LIMITED, TRIF REAL ESTATE AND DEVELOPMENT PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured
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
17-Oct-20 : Your investment
₹30,00,000
17-Jan-21 : Interest
₹30,00,000
17-Apr-21 : Interest
₹30,00,000
17-Jul-21 : Interest
₹30,00,000
17-Oct-21 : Interest
₹30,00,000
17-Jan-22 : Interest
₹30,00,000
17-Apr-22 : Interest
₹30,00,000
17-Jul-22 : Interest
₹30,00,000
17-Oct-22 : Interest
₹30,00,000
17-Jan-23 : Interest
₹30,00,000
17-Apr-23 : Interest
₹30,00,000
17-Jul-23 : Interest
₹30,00,000
17-Oct-23 : Interest
₹30,00,000
17-Jan-24 : Interest
₹30,00,000
17-Apr-24 : Interest
₹30,00,000
17-Jul-24 : Interest
₹30,00,000
17-Oct-24 : Interest
₹30,00,000
17-Jan-25 : Interest
₹30,00,000
17-Apr-25 : Interest
₹30,00,000
17-Jul-25 : Interest
₹30,00,000
17-Oct-25 : Interest
₹30,00,000
17-Jan-26 : Interest
₹30,00,000
17-Apr-26 : Interest
₹30,00,000
17-Jul-26 : Interest
₹30,00,000
17-Oct-26 : Interest
₹30,00,000
17-Jan-27 : Interest
₹30,00,000
17-Apr-27 : Interest
₹30,00,000
17-Jul-27 : Interest
₹30,00,000
17-Oct-27 : Interest
₹30,00,000
17-Jan-28 : Interest
₹30,00,000
17-Apr-28 : Interest
₹30,00,000
17-Jul-28 : Interest
₹30,00,000
17-Oct-28 : Interest
₹30,00,000
17-Jan-29 : Interest
₹30,00,000
17-Apr-29 : Interest
₹30,00,000
17-Jul-29 : Interest
₹30,00,000
17-Oct-29 : Interest
₹30,00,000
17-Jan-30 : Interest
₹30,00,000
17-Apr-30 : Interest
₹30,00,000
17-Jul-30 : Interest
₹30,00,000
17-Oct-30 : Interest
₹30,00,000
17-Jan-31 : Interest
₹30,00,000
17-Apr-31 : Interest
₹30,00,000
17-Jul-31 : Interest
₹30,00,000
17-Oct-31 : Interest
₹30,00,000
17-Jan-32 : Interest
₹30,00,000
17-Apr-32 : Interest
₹30,00,000
17-Jul-32 : Interest
₹30,00,000
17-Oct-32 : Interest
₹30,00,000
17-Jan-33 : Interest
₹30,00,000
17-Apr-33 : Interest
₹30,00,000
17-Jul-33 : Interest
₹30,00,000
17-Oct-33 : Interest
₹30,00,000
17-Jan-34 : Interest
₹30,00,000
17-Apr-34 : Interest
₹30,00,000
17-Jul-34 : Interest
₹30,00,000
17-Oct-34 : Interest
₹30,00,000
17-Jan-35 : Interest
₹30,00,000
17-Apr-35 : Interest
₹30,00,000
17-Jul-35 : Interest
₹3,16,666
16-Oct-35 : Interest
₹3,16,666
16-Oct-35 : Interest
₹27,76,33,333
16-Oct-35 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹17,76,33,333)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE597R08040 issued by Thales Ventures Limited

The instrument name of INE597R08040 ISIN is THALES VENTURES LIMITED 12 NCD 16OT35 FVRS10LAC.
The interest earned from INE597R08040 bond issued by Thales Ventures Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE597R08040 bond issued by Thales Ventures Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE597R08040 Debenture is issued by Thales Ventures Limited, a Private Sector company.