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Instrument Details

ISIN: INE454S08059

Face value

₹100

Coupon rate

12%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

30

Instrument Type

Debenture

Returns

High

Date of Issue

27 Sep 2019

Maturity Date

27 Sep 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

A- (ICRA 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

BRIGADE PROPERTIES PRIVATE LIMITED SR B 12 NCD 27SP24 FVRS100
Brigade Properties Private Limited, a Consumer Services company, has floated Debenture, having ISIN value as INE454S08059, with a face value of ₹100 rs on 27Sep19 to raise 30 crores. The debt instrument is issued with a coupon rate of 12% 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% UNSECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES  B. DATE OF MATURITY 27/09/2024. 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. ICRA LIMITED has given A- rating to this Debenture on 30Dec19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A-
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Date Verified
31 Dec 2019
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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
₹100
Lot Size
100
Minimum Investment
₹10,000

Cashflow

₹10,000
27-Sep-19 : Your investment
₹1,200
27-Sep-20 : Interest
₹1,200
27-Sep-21 : Interest
₹1,200
27-Sep-22 : Interest
₹1,200
27-Sep-23 : Interest
₹1,200
27-Sep-24 : Interest
₹16,000
27-Sep-24 : Maturity amount (Investment: ₹10,000, Interest earned: ₹6,000)

Summary

Instrument Attributes

Value

Coupon Rate

12%

Returns

High

Bond Rating

A-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE454S08059 issued by Brigade Properties Private Limited

The instrument name of INE454S08059 ISIN is BRIGADE PROPERTIES PRIVATE LIMITED SR B 12 NCD 27SP24 FVRS100.
The interest earned from INE454S08059 bond issued by Brigade Properties Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE454S08059 bond issued by Brigade Properties Private Limited has been assigned a credit rating of A- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
The INE454S08059 Debenture is issued by Brigade Properties Private Limited, a Private Sector company.
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