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Instrument Details

ISIN: INE05TX07058

Face value

₹10,00,000

Coupon rate

8%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

5

Instrument Type

Debenture

Returns

Medium

Date of Issue

29 Mar 2022

Maturity Date

29 Mar 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA+ (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

TRUST CAPITAL SERVICES (INDIA) PRIVATE LIMITED SR II 2021-22 8 NCD 29MR27 FVRS10LAC
Trust Capital Services (india) Private Limited, a Finance company, has floated Debenture, having ISIN value as INE05TX07058, with a face value of ₹10,00,000 rs on 29Mar22 to raise 5 crores. The debt instrument is issued with a coupon rate of 8% and its interest is paid Annually. 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 8% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.SERIES II 2021-22DATE OF MATURITY 29/03/2027. 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 AA+ rating to this Debenture on 22Mar22. This issuer is formerly known as WISHBONE FINANCE & INVESTMENTS 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
AA
High Safety
AA+
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Date Verified
13 Sep 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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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
29-Mar-22 : Your investment
₹80,00,000
29-Mar-23 : Interest
₹80,00,000
29-Mar-24 : Interest
₹80,00,000
29-Mar-25 : Interest
₹80,00,000
29-Mar-26 : Interest
₹80,00,000
29-Mar-27 : Interest
₹14,00,00,000
29-Mar-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹4,00,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

Bond Rating

AA+

Seniority in Repayment

Senior

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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Rating

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Rated ★ 4.3+ on

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FAQs about INE05TX07058 issued by Trust Capital Services (india) Private Limited

The instrument name of INE05TX07058 ISIN is TRUST CAPITAL SERVICES (INDIA) PRIVATE LIMITED SR II 2021-22 8 NCD 29MR27 FVRS10LAC.
The interest earned from INE05TX07058 bond issued by Trust Capital Services (india) Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE05TX07058 bond issued by Trust Capital Services (india) Private Limited has been assigned a credit rating of AA+ by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
The INE05TX07058 Debenture is issued by Trust Capital Services (india) Private Limited, a Private Sector company.
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