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Instrument Details

ISIN: INE07NM08041

Face value

₹100

Coupon rate

12.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

21 Sep 2020

Maturity Date

19 Sep 2040

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

Non Convertible

About this Bond

ALTAMOUNT ROAD PROPERTY PRIVATE LIMITED SR I 12.25 NCD 19SP40 FVRS100
Altamount Road Property Private Limited, has floated Debenture, having ISIN value as INE07NM08041, with a face value of ₹100 rs on 21Sep20 to raise 10 crores. The debt instrument is issued with a coupon rate of 12.25% 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 12.25% UNSECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 19/09/2040. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as NICE TECH REALTORS PRIVATE 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
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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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
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
21-Sep-20 : Your investment
₹1,225
21-Sep-21 : Interest
₹1,225
21-Sep-22 : Interest
₹1,225
21-Sep-23 : Interest
₹1,225
21-Sep-24 : Interest
₹1,225
21-Sep-25 : Interest
₹1,225
21-Sep-26 : Interest
₹1,225
21-Sep-27 : Interest
₹1,225
21-Sep-28 : Interest
₹1,225
21-Sep-29 : Interest
₹1,225
21-Sep-30 : Interest
₹1,225
21-Sep-31 : Interest
₹1,225
21-Sep-32 : Interest
₹1,225
21-Sep-33 : Interest
₹1,225
21-Sep-34 : Interest
₹1,225
21-Sep-35 : Interest
₹1,225
21-Sep-36 : Interest
₹1,225
21-Sep-37 : Interest
₹1,225
21-Sep-38 : Interest
₹1,225
21-Sep-39 : Interest
₹1,235
19-Sep-40 : Interest
₹34,510
19-Sep-40 : Maturity amount (Investment: ₹10,000, Interest earned: ₹24,510)

Summary

Instrument Attributes

Value

Coupon Rate

12.25%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE07NM08041 issued by Altamount Road Property Private Limited

The instrument name of INE07NM08041 ISIN is ALTAMOUNT ROAD PROPERTY PRIVATE LIMITED SR I 12.25 NCD 19SP40 FVRS100.
The interest earned from INE07NM08041 bond issued by Altamount Road Property Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE07NM08041 bond issued by Altamount Road Property Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 12.25%, which determines the periodic interest payments made to bondholders.
The INE07NM08041 Debenture is issued by Altamount Road Property Private Limited, a Private Sector company.
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