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Instrument Details

ISIN: INE087M08050

Face value

₹10,00,000

Coupon rate

RESET RATE-REFER REMARKS

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

775

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Mar 2020

Maturity Date

03 Jan 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BAHADUR CHAND INVESTMENTS PRIVATE LIMITED SR BCIPL/PP/NCD/5 RR NCD 01MR24 FVRS10LAC
Bahadur Chand Investments Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE087M08050, with a face value of ₹10,00,000 rs on 02Mar20 to raise 775 crores. The debt instrument is issued with a coupon rate of RESET RATE-REFER REMARKS 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 RESET RATE UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES BCIPL/PP/NCD/005. DATE OF MATURITY 01/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Mar20 & on NSE stock exchange on 06Mar20. ICRA LIMITED has given AA rating to this Debenture on 23Feb24. This issuer is formerly known as BAHADUR CHAND INVESTMENTS 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
AA
High Safety
AA
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Date Verified
26 Feb 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE-REFER REMARKS

Returns

Linked to Markets

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE087M08050 issued by Bahadur Chand Investments Private Limited

The instrument name of INE087M08050 ISIN is BAHADUR CHAND INVESTMENTS PRIVATE LIMITED SR BCIPL/PP/NCD/5 RR NCD 01MR24 FVRS10LAC.
The interest earned from INE087M08050 bond issued by Bahadur Chand Investments Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE087M08050 bond issued by Bahadur Chand Investments Private Limited has been assigned a credit rating of AA by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE087M08050 bond issued by Bahadur Chand Investments Private Limited is RESET RATE-REFER REMARKS.
The INE087M08050 Debenture is issued by Bahadur Chand Investments Private Limited, a Private Sector company.
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