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: INE023O07129

Face value

₹1,00,00,000

Coupon rate

RESET RATE (REFER REMARKS)

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

62

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Dec 2017

Maturity Date

30 Sep 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Non Convertible

About this Bond

NIRMAL LIFESTYLE LIMITED SR-B RR NCD 30SP21 PPRS8467000
Nirmal Lifestyle Limited, a Industrial company, has floated Debenture, having ISIN value as INE023O07129, with a face value of ₹1,00,00,000 rs on 29Dec17 to raise 62 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 Secured Debenture is RESET RATE SECURED UNLISTED REDEEMABLE NON CONVERTIBLE PARTLY PAID DEBENTURES. SERIES B. DATE OF MATURITY 30/09/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value 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
Subordinate Tier 1
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE (REFER REMARKS)

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE023O07129 issued by Nirmal Lifestyle Limited

The instrument name of INE023O07129 ISIN is NIRMAL LIFESTYLE LIMITED SR-B RR NCD 30SP21 PPRS8467000.
The interest earned from INE023O07129 bond issued by Nirmal Lifestyle Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE023O07129 bond issued by Nirmal Lifestyle Limited does not currently have an assigned credit rating
The coupon rate of INE023O07129 bond issued by Nirmal Lifestyle Limited is RESET RATE (REFER REMARKS).
The INE023O07129 Debenture is issued by Nirmal Lifestyle 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