Instrument Details

ISIN: INE200W07274

Face value

₹10,00,000

Coupon rate

11.86%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

24

Instrument Type

Debenture

Returns

High

Date of Issue

20 May 2022

Maturity Date

20 May 2025

Perpetual

Yes

Listing Status

Listed

Rating status

BBB (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED 11.86 NCD 20MY25 FVRS10LAC
Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W07274, with a face value of ₹10,00,000 rs on 20May22 to raise 24 crores. The debt instrument is issued with a coupon rate of 11.86% 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 11.86% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 20/05/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 24May22. CARE RATINGS LIMITED has given BBB rating to this Debenture on 20Mar22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB
check
Date Verified
31 Mar 2023
check
Outlook
Positive
logo
Seniority in Repayment
Senior
logo
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
20-May-22 : Your investment
₹59,30,000
20-Nov-22 : Interest
₹59,30,000
20-May-23 : Interest
₹59,30,000
20-Nov-23 : Interest
₹59,30,000
20-May-24 : Interest
₹59,30,000
20-Nov-24 : Interest
₹59,30,000
20-May-25 : Interest
₹13,55,80,000
20-May-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,55,80,000)

Summary

Instrument Attributes

Value

Coupon Rate

11.86%

Returns

High

Bond Rating

BBB

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE200W07274 issued by Visage Holdings And Finance Private Limited

The instrument name of INE200W07274 ISIN is VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED 11.86 NCD 20MY25 FVRS10LAC.
The interest earned from INE200W07274 bond issued by Visage Holdings And Finance Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE200W07274 bond issued by Visage Holdings And Finance Private Limited has been assigned a credit rating of BBB by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11.86%, which determines the periodic interest payments made to bondholders.
The INE200W07274 Debenture is issued by Visage Holdings And Finance Private Limited, a Private Sector company.