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: INE657N08033

Face value

₹1,000

Coupon rate

0.01%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

900

Instrument Type

Debenture

Returns

Low

Date of Issue

26 Mar 2021

Maturity Date

25 Mar 2031

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

Fully Convertible

About this Bond

EDELWEISS RURAL & CORPORATE SERVICES LIMITED 0.01 CCD 25MR31 FVRS1000
Edelweiss Rural & Corporate Services Limited, a Investment Company company, has floated Debenture, having ISIN value as INE657N08033, with a face value of ₹1,000 rs on 26Mar21 to raise 900 crores. The debt instrument is issued with a coupon rate of 0.01% 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 0.01% UNSECURED UNLISTED UNRATED COMPULSORY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 25/03/2031. This instrument is issued in Rights Issue mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as EDELWEISS COMMODITIES SERVICES LIMITED, COMFORT PROJECTS LIMITED, COMFORT PROJECTS 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
check
Date Verified
N/A
check
Outlook
N/A
logo
Seniority in Repayment
None
logo
Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
26-Mar-21 : Your investment
₹10
26-Mar-22 : Interest
₹10
26-Mar-23 : Interest
₹10
26-Mar-24 : Interest
₹10
26-Mar-25 : Interest
₹10
26-Mar-26 : Interest
₹10
26-Mar-27 : Interest
₹10
26-Mar-28 : Interest
₹10
26-Mar-29 : Interest
₹10
26-Mar-30 : Interest
₹10
25-Mar-31 : Interest
₹1,00,100
25-Mar-31 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹100)

Summary

Instrument Attributes

Value

Coupon Rate

0.01%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Investment Company
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE657N08033 issued by Edelweiss Rural & Corporate Services Limited

The instrument name of INE657N08033 ISIN is EDELWEISS RURAL & CORPORATE SERVICES LIMITED 0.01 CCD 25MR31 FVRS1000.
The interest earned from INE657N08033 bond issued by Edelweiss Rural & Corporate Services Limited is paid Annually, ensuring regular and consistent income for investors.
This INE657N08033 bond issued by Edelweiss Rural & Corporate Services Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 0.01%, which determines the periodic interest payments made to bondholders.
The INE657N08033 Debenture is issued by Edelweiss Rural & Corporate Services 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