Instrument Details

ISIN: INE571O08026

Face value

₹10,00,000

Coupon rate

8%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

330

Instrument Type

Debenture

Returns

Medium

Date of Issue

26 Dec 2017

Maturity Date

26 Dec 2024

Perpetual

Yes

Listing Status

Listed

Rating status

A (ICRA Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

VIRTUSA CONSULTING SERVICES PRIVATE LIMITED 8 NCD 26DC24 FVRS10LAC
Virtusa Consulting Services Private Limited, a Technology company, has floated Debenture, having ISIN value as INE571O08026, with a face value of ₹10,00,000 rs on 26Dec17 to raise 330 crores. The debt instrument is issued with a coupon rate of 8% 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 8% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE TAXABLE DEBENTURES. DATE OF MATURITY 26/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 03Jan18. ICRA LIMITED has given A rating to this Debenture on 29Jun23. 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
check
Date Verified
30 Jun 2023
check
Outlook
Stable
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Seniority in Repayment
Senior
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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
26-Dec-17 : Your investment
₹20,00,000
26-Mar-18 : Interest
₹20,00,000
26-Jun-18 : Interest
₹20,00,000
26-Sep-18 : Interest
₹20,00,000
26-Dec-18 : Interest
₹20,00,000
26-Mar-19 : Interest
₹20,00,000
26-Jun-19 : Interest
₹20,00,000
26-Sep-19 : Interest
₹20,00,000
26-Dec-19 : Interest
₹20,00,000
26-Mar-20 : Interest
₹20,00,000
26-Jun-20 : Interest
₹20,00,000
26-Sep-20 : Interest
₹20,00,000
26-Dec-20 : Interest
₹20,00,000
26-Mar-21 : Interest
₹20,00,000
26-Jun-21 : Interest
₹20,00,000
26-Sep-21 : Interest
₹20,00,000
26-Dec-21 : Interest
₹20,00,000
26-Mar-22 : Interest
₹20,00,000
26-Jun-22 : Interest
₹20,00,000
26-Sep-22 : Interest
₹20,00,000
26-Dec-22 : Interest
₹20,00,000
26-Mar-23 : Interest
₹20,00,000
26-Jun-23 : Interest
₹20,00,000
26-Sep-23 : Interest
₹20,00,000
26-Dec-23 : Interest
₹20,00,000
26-Mar-24 : Interest
₹20,00,000
26-Jun-24 : Interest
₹20,00,000
26-Sep-24 : Interest
₹20,00,000
26-Dec-24 : Interest
₹15,60,00,000
26-Dec-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,60,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8%

Returns

Medium

Bond Rating

A

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE571O08026 issued by Virtusa Consulting Services Private Limited

The instrument name of INE571O08026 ISIN is VIRTUSA CONSULTING SERVICES PRIVATE LIMITED 8 NCD 26DC24 FVRS10LAC.
The interest earned from INE571O08026 bond issued by Virtusa Consulting Services Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE571O08026 bond issued by Virtusa Consulting Services Private Limited has been assigned a credit rating of A by ICRA 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 INE571O08026 Debenture is issued by Virtusa Consulting Services Private Limited, a Private Sector company.