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Instrument Details

ISIN: INE018V08064

Face value

₹10

Coupon rate

17.60%

Payment

Subject to Availability of Funds

Tax Type

Taxable

Issue Size (Cr)

64.966674

Instrument Type

Debenture

Returns

High

Date of Issue

08 Sep 2015

Maturity Date

16 Aug 2042

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Fully Convertible

About this Bond

ENERGON SOLEQ INDIA POWER RESOURCES PRIVATE LIMITED SR-1 17.6 LOA 16AG42 FVRS10
Vena Energy Solar India Power Resources Private Limited, a Energy company, has floated Debenture, having ISIN value as INE018V08064, with a face value of ₹10 rs on 08Sep15 to raise 64.966674 crores. The debt instrument is issued with a coupon rate of 17.60% and its interest is paid Subject to Availability of Funds. 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 17.60% UNSECURED NOT GUARANTEED SUBORDINATE - TIER 1 TAXABLE NON CUMULATIVE UNRATED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 1. LETTER OF ALLOTMENT. DATE OF CONVERSION 16/08/2042. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as ENERGON SOLEQ INDIA POWER RESOURCES 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
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

17.60%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE018V08064 issued by Vena Energy Solar India Power Resources Private Limited

The instrument name of INE018V08064 ISIN is ENERGON SOLEQ INDIA POWER RESOURCES PRIVATE LIMITED SR-1 17.6 LOA 16AG42 FVRS10.
The interest earned from INE018V08064 bond issued by Vena Energy Solar India Power Resources Private Limited is paid Subject to Availability of Funds, ensuring regular and consistent income for investors.
This INE018V08064 bond issued by Vena Energy Solar India Power Resources Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 17.6%, which determines the periodic interest payments made to bondholders.
The INE018V08064 Debenture is issued by Vena Energy Solar India Power Resources Private Limited, a Private Sector company.
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