The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE06AS08013

Face value

₹100

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

13.75

Instrument Type

Debenture

Returns

Low

Date of Issue

04 Dec 2018

Maturity Date

12 Apr 2028

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

WELSTEEL ENTERPRISES PRIVATE LIMITED OCD 04DC28 FVRS100
Welsteel Enterprises Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE06AS08013, with a face value of ₹100 rs on 04Dec18 to raise 13.75 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE. DATE OF CONVERSION 04/12/2028. This instrument is issued in Rights Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE06AS08013 issued by Welsteel Enterprises Private Limited

The instrument name of INE06AS08013 ISIN is WELSTEEL ENTERPRISES PRIVATE LIMITED OCD 04DC28 FVRS100.
Never, as INE06AS08013 bond issued by Welsteel Enterprises Private Limited is a Zero-coupon bond.
This INE06AS08013 bond issued by Welsteel Enterprises Private Limited does not currently have an assigned credit rating
The coupon rate of INE06AS08013 bond issued by Welsteel Enterprises Private Limited is 0%.
The INE06AS08013 Debenture is issued by Welsteel Enterprises Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow