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Instrument Details

ISIN: INE454L08013

Face value

₹100

Coupon rate

11%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

150

Instrument Type

Debenture

Returns

High

Date of Issue

21 Nov 2013

Maturity Date

31 Mar 2015

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Fully Convertible

About this Bond

GLOBAL RURAL NETCO LIMITED SR-A 11 CCD 31MR15 FVRS100
Global Rural Netco Limited, a Telecommunications company, has floated Debenture, having ISIN value as INE454L08013, with a face value of ₹100 rs on 21Nov13 to raise 150 crores. The debt instrument is issued with a coupon rate of 11% 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 11% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES A. DATE OF CONVERSION 31/03/2015. 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. This issuer is formerly known as GLOBAL RURAL NETCO PVT. 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
Senior
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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
21-Nov-13 : Your investment
₹1,100
21-Nov-14 : Interest
₹11,100
31-Mar-15 : Maturity amount (Investment: ₹10,000, Interest earned: ₹1,100)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Senior

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Telecommunications
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE454L08013 issued by Global Rural Netco Limited

The instrument name of INE454L08013 ISIN is GLOBAL RURAL NETCO LIMITED SR-A 11 CCD 31MR15 FVRS100.
The interest earned from INE454L08013 bond issued by Global Rural Netco Limited is paid Annually, ensuring regular and consistent income for investors.
This INE454L08013 bond issued by Global Rural Netco Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE454L08013 Debenture is issued by Global Rural Netco Limited, a Private Sector company.
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