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Instrument Details

ISIN: INE08Z607018

Face value

₹33,336

Coupon rate

BASE RATE - REFER REMARKS

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Oct 2020

Maturity Date

21 Oct 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

A+ (CRISIL 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

VASTU FINSERVE INDIA PRIVATE LIMITED BR NCD 21OT23 FVRS33336
Vastu Finserve India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE08Z607018, with a face value of ₹33,336 rs on 21Oct20 to raise 25 crores. The debt instrument is issued with a coupon rate of BASE RATE - REFER REMARKS and its interest is paid Monthly. 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 FBIL BENCHMARK RATE OF 10-YEAR GOVERNMENT OF INDIA SECURITY (G-SEC) IS 5.90 % AND SPREAD 500 BASIS SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/10/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 16Oct20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+
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Date Verified
21 Aug 2023
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Outlook
Positive
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

BASE RATE - REFER REMARKS

Returns

Linked to Markets

Bond Rating

A+

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
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Rating

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Rated ★ 4.3+ on

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FAQs about INE08Z607018 issued by Vastu Finserve India Private Limited

The instrument name of INE08Z607018 ISIN is VASTU FINSERVE INDIA PRIVATE LIMITED BR NCD 21OT23 FVRS33336.
The interest earned from INE08Z607018 bond issued by Vastu Finserve India Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE08Z607018 bond issued by Vastu Finserve India Private Limited has been assigned a credit rating of A+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE08Z607018 bond issued by Vastu Finserve India Private Limited is BASE RATE - REFER REMARKS.
The INE08Z607018 Debenture is issued by Vastu Finserve India Private Limited, a Private Sector company.
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