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Instrument Details

ISIN: INE01EF08021

Face value

₹100

Coupon rate

14.37%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

7.5

Instrument Type

Debenture

Returns

High

Date of Issue

01 Nov 2021

Maturity Date

31 Oct 2024

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

CRAVATEX BRANDS LIMITED SR B 14.37 OCD 31OT24 FVRS100
Cravatex Brands Limited, a Distributors company, has floated Debenture, having ISIN value as INE01EF08021, with a face value of ₹100 rs on 01Nov21 to raise 7.5 crores. The debt instrument is issued with a coupon rate of 14.37% 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 Unsecured Debenture is 14.37% UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES.SERIES B.DATE OF MATURITY 31/10/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as MOONRAKER BRANDS 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
01-Nov-21 : Your investment
₹359
01-Feb-22 : Interest
₹359
01-May-22 : Interest
₹359
01-Aug-22 : Interest
₹359
01-Nov-22 : Interest
₹359
01-Feb-23 : Interest
₹359
01-May-23 : Interest
₹359
01-Aug-23 : Interest
₹359
01-Nov-23 : Interest
₹359
01-Feb-24 : Interest
₹359
01-May-24 : Interest
₹359
01-Aug-24 : Interest
₹149
31-Oct-24 : Interest
₹14,101
31-Oct-24 : Maturity amount (Investment: ₹10,000, Interest earned: ₹4,101)

Summary

Instrument Attributes

Value

Coupon Rate

14.37%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE01EF08021 issued by Cravatex Brands Limited

The instrument name of INE01EF08021 ISIN is CRAVATEX BRANDS LIMITED SR B 14.37 OCD 31OT24 FVRS100.
The interest earned from INE01EF08021 bond issued by Cravatex Brands Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE01EF08021 bond issued by Cravatex Brands Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 14.37%, which determines the periodic interest payments made to bondholders.
The INE01EF08021 Debenture is issued by Cravatex Brands Limited, a Private Sector company.
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