Instrument Details

ISIN: INE889O08030

Face value

₹3,00,000

Coupon rate

5.87%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Jul 2020

Maturity Date

30 Jul 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AAA (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

WIPRO ENTERPRISES PRIVATE LIMITED SR STRPP C 5.87 NCD 30JL25 FVRS3LAC
Wipro Enterprises Private Limited, has floated Debenture, having ISIN value as INE889O08030, with a face value of ₹3,00,000 rs on 30Jul20 to raise 300 crores. The debt instrument is issued with a coupon rate of 5.87% and its interest is paid 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 Unsecured Debenture is 5.87% UNSECURED RATED UNLISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. STRPP C. DATE OF MATURITY 30/07/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given AAA rating to this Debenture on 30Jul20. This issuer is formerly known as WIPRO ENTERPRISES LIMITED, AZIM PREMJI CUSTODIAL SERVICES LIMITED, AZIM PREMJI CUSTODIAL SERVICES PVT 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
AAA
Highest Safety
AAA
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Date Verified
13 Sep 2023
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Outlook
Stable
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Seniority in Repayment
None
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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
₹3,00,000
Lot Size
100
Minimum Investment
₹3,00,00,000

Cashflow

₹3,00,00,000
30-Jul-20 : Your investment
₹17,61,000
30-Jul-21 : Interest
₹17,61,000
30-Jul-22 : Interest
₹17,61,000
30-Jul-23 : Interest
₹17,61,000
30-Jul-24 : Interest
₹17,61,000
30-Jul-25 : Interest
₹3,88,05,000
30-Jul-25 : Maturity amount (Investment: ₹3,00,00,000, Interest earned: ₹88,05,000)

Summary

Instrument Attributes

Value

Coupon Rate

5.87%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE889O08030 issued by Wipro Enterprises Private Limited

The instrument name of INE889O08030 ISIN is WIPRO ENTERPRISES PRIVATE LIMITED SR STRPP C 5.87 NCD 30JL25 FVRS3LAC.
The interest earned from INE889O08030 bond issued by Wipro Enterprises Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE889O08030 bond issued by Wipro Enterprises Private Limited has been assigned a credit rating of AAA by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.87%, which determines the periodic interest payments made to bondholders.
The INE889O08030 Debenture is issued by Wipro Enterprises Private Limited, a Private Sector company.