The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
8% Tvs Motor Services Limited (INE810Y07011)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE810Y07011
Face value
₹10
Coupon rate
8%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
45
Instrument Type
Debenture
Returns
Medium
Date of Issue
24 Mar 2020
Maturity Date
23 Sep 2021
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
TVS MOTOR SERVICES LIMITED SR CLASS A 8 NCD 23SP21 FVRS10
Tvs Motor Services Limited, a Utilities company, has floated Debenture,
having ISIN value as INE810Y07011, with a face value of ₹10 rs on 24Mar20 to raise 45 crores. The debt instrument
is issued with a coupon rate of 8% and its interest is paid
Semi 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 UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES CLASS A. DATE OF MATURITY: 23/09/2021. 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 TVS MOTOR SERVICES PRIVATE LIMITED 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
Lot Size
100
Minimum Investment
₹1,000
Cashflow
₹1,000
24-Mar-20 : Your investment
₹40
24-Sep-20 : Interest
₹40
24-Mar-21 : Interest
₹21
23-Sep-21 : Interest
₹1,101
23-Sep-21 : Maturity amount (Investment: ₹1,000, Interest earned: ₹101)
Summary
Instrument Attributes
Value
Coupon Rate
8%
Returns
Medium
Bond Rating
Unrated
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Utilities
HEAD OFFICE
Chennai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Tvs Motor Services Limited
FAQs about INE810Y07011 issued by Tvs Motor Services Limited
What is the instrument name of INE810Y07011 ISIN?
The instrument name of INE810Y07011 ISIN is TVS MOTOR SERVICES LIMITED SR CLASS A 8 NCD 23SP21 FVRS10.
How frequently is the interest paid on INE810Y07011 bond issued by Tvs Motor Services Limited?
The interest earned from INE810Y07011 bond issued by Tvs Motor Services Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE810Y07011 bond issued by Tvs Motor Services Limited?
This INE810Y07011 bond issued by Tvs Motor Services Limited does not currently have an assigned credit rating
What is the coupon rate of INE810Y07011 bond issued by Tvs Motor Services Limited?
This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE810Y07011 Debenture?
The INE810Y07011 Debenture is issued by Tvs Motor Services Limited, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
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.
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.
Invest in safer portfolio without compromising returns.
