The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
5% Gmr Enterprises Private Limited - BB Rated (INE908I07214)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE908I07214
Face value
₹10,00,000
Coupon rate
5%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
112.5
Instrument Type
Bond
Returns
Medium
Date of Issue
19 Mar 2021
Maturity Date
19 Mar 2024
Perpetual
Yes
Listing Status
Listed
Rating status
BB(CE) (BRICKWORK Ratings)
Call Option
Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
GMR ENTERPRISES PRIVATE LIMITED SR 1 5 BD 19MR24 FVRS10LAC
Gmr Enterprises Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond,
having ISIN value as INE908I07214, with a face value of ₹10,00,000 rs on 19Mar21 to raise 112.5 crores. The debt instrument
is issued with a coupon rate of 5% 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 Secured
Bond is 5% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES 1.DATE OF MATURITY 19/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 25Mar21. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given BB(CE) rating to
this Bond on 29Jan21. Neither the Principal nor the Interest is covered for this Bond. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
19-Mar-21 : Your investment
₹25,00,000
19-Sep-21 : Interest
₹25,00,000
19-Mar-22 : Interest
₹25,00,000
19-Sep-22 : Interest
₹25,00,000
19-Mar-23 : Interest
₹25,00,000
19-Sep-23 : Interest
₹25,00,000
19-Mar-24 : Interest
₹11,50,00,000
19-Mar-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,50,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
5%
Returns
Medium
Bond Rating
BB(CE)
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Bangalore
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Gmr Enterprises Private Limited
FAQs about INE908I07214 issued by Gmr Enterprises Private Limited
What is the instrument name of INE908I07214 ISIN?
The instrument name of INE908I07214 ISIN is GMR ENTERPRISES PRIVATE LIMITED SR 1 5 BD 19MR24 FVRS10LAC.
How frequently is the interest paid on INE908I07214 bond issued by Gmr Enterprises Private Limited?
The interest earned from INE908I07214 bond issued by Gmr Enterprises Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE908I07214 bond issued by Gmr Enterprises Private Limited?
This INE908I07214 bond issued by Gmr Enterprises Private Limited has been assigned a credit rating of BB(CE) by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE908I07214 bond issued by Gmr Enterprises Private Limited?
This Bond offers a coupon rate of 5%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE908I07214 Bond?
The INE908I07214 Bond is issued by Gmr Enterprises Private Limited, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
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.
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.
Invest in safer portfolio without compromising returns.
