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11.00% Elara Finance (india) Private Limited (INE03XM08015)
In-activePrivate SectorUnsecured
Instrument Details
ISIN: INE03XM08015
Face value
₹1,000
Coupon rate
11.00%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
65.58
Instrument Type
Debenture
Returns
High
Date of Issue
15 Nov 2018
Maturity Date
15 Nov 2023
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
ELARA FINANCE (INDIA) PRIVATE LIMITED 11 CCD 15NV23 FVRS1000
Elara Finance (india) Private Limited, a Finance company, has floated Debenture,
having ISIN value as INE03XM08015, with a face value of ₹1,000 rs on 15Nov18 to raise 65.58 crores. The debt instrument
is issued with a coupon rate of 11.00% and its interest is paid
Semi 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 11.00% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE. CONVERSION DATE - 15/11/2023. 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. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
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
15-Nov-18 : Your investment
₹5,500
15-May-19 : Interest
₹5,500
15-Nov-19 : Interest
₹5,500
15-May-20 : Interest
₹5,500
15-Nov-20 : Interest
₹5,500
15-May-21 : Interest
₹5,500
15-Nov-21 : Interest
₹5,500
15-May-22 : Interest
₹5,500
15-Nov-22 : Interest
₹5,500
15-May-23 : Interest
₹5,500
15-Nov-23 : Interest
₹1,55,000
15-Nov-23 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹55,000)
Summary
Instrument Attributes
Value
Coupon Rate
11.00%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Fully Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Finance
HEAD OFFICE
Mumbai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Elara Finance (india) Private Limited
FAQs about INE03XM08015 issued by Elara Finance (india) Private Limited
What is the instrument name of INE03XM08015 ISIN?
The instrument name of INE03XM08015 ISIN is ELARA FINANCE (INDIA) PRIVATE LIMITED 11 CCD 15NV23 FVRS1000.
How frequently is the interest paid on INE03XM08015 bond issued by Elara Finance (india) Private Limited?
The interest earned from INE03XM08015 bond issued by Elara Finance (india) Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE03XM08015 bond issued by Elara Finance (india) Private Limited?
This INE03XM08015 bond issued by Elara Finance (india) Private Limited does not currently have an assigned credit rating
What is the coupon rate of INE03XM08015 bond issued by Elara Finance (india) Private Limited?
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE03XM08015 Debenture?
The INE03XM08015 Debenture is issued by Elara Finance (india) Private Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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