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Instrument Details

ISIN: INE277L07127

Face value

₹10,00,000

Coupon rate

1%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

Low

Date of Issue

01 Sep 2017

Maturity Date

30 Aug 2018

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (ICRA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 1 NCD 30AG18 FVRS10LAC
Fortis Healthcare Holdings Private Limited, a Finance company, has floated Debenture, having ISIN value as INE277L07127, with a face value of ₹10,00,000 rs on 01Sep17 to raise 100 crores. The debt instrument is issued with a coupon rate of 1% 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 Secured Debenture is 1% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURTIY 30/08/2018. 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 D rating to this Debenture on 22May18. This issuer is formerly known as FORTIS HEALTHCARE HOLDINGS 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
D
Default or Expect to Default
D
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Date Verified
23 May 2018
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Outlook
-
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Seniority in Repayment
None
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Security
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
01-Sep-17 : Your investment
₹2,50,000
01-Dec-17 : Interest
₹2,50,000
01-Mar-18 : Interest
₹2,50,000
01-Jun-18 : Interest
₹70,833
30-Aug-18 : Interest
₹10,08,20,833
30-Aug-18 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,20,833)

Summary

Instrument Attributes

Value

Coupon Rate

1%

Returns

Low

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE277L07127 issued by Fortis Healthcare Holdings Private Limited

The instrument name of INE277L07127 ISIN is FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 1 NCD 30AG18 FVRS10LAC.
The interest earned from INE277L07127 bond issued by Fortis Healthcare Holdings Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE277L07127 bond issued by Fortis Healthcare Holdings Private Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 1%, which determines the periodic interest payments made to bondholders.
The INE277L07127 Debenture is issued by Fortis Healthcare Holdings Private Limited, a Private Sector company.
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