The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Dezerv
    Debenture

    8.00% Gtl Limited - D Rated (INE043A08033)

    In-activePrivate SectorUnsecured

    Instrument Details

    ISIN: INE043A08033

    Face value

    ₹10,00,000

    Coupon rate

    8.00%

    Payment

    Quarterly

    Tax Type

    Taxable

    Issue Size (Cr)

    230

    Instrument Type

    Debenture

    Returns

    Medium

    Date of Issue

    03 Feb 2010

    Maturity Date

    02 Mar 2015

    Perpetual

    Yes

    Listing Status

    Listed

    Rating status

    D (CARE Ratings)

    Call Option

    Available

    Put Option

    Not Available

    Security with Collaterals

    Unsecured

    Asset Coverage

    -

    Seniority in Repayment

    None

    Guarantee Type

    Non Convertible

    About this Bond

    GTL LIMITED 8 NCD 03FB15 FVRS10LAC
    Gtl Limited, a Telecommunications company, has floated Debenture, having ISIN value as INE043A08033, with a face value of ₹10,00,000 rs on 03Feb10 to raise 230 crores. The debt instrument is issued with a coupon rate of 8.00% 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 Unsecured Debenture is 8.00% Unsecured Redeemable Non-Comvertible Debentures. Date of Maturity: 03.02.2015. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Feb10. CARE Ratings Limited has given D rating to this Debenture on 29Jan10. This issuer is formerly known as GLOBAL TELE-SYSTEMS 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
    check
    Date Verified
    03 Nov 2015
    check
    Outlook
    -
    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
    ₹10,00,000
    Lot Size
    100
    Minimum Investment
    ₹10,00,00,000

    Cashflow

    ₹10,00,00,000
    03-Feb-10 : Your investment
    ₹20,00,000
    03-May-10 : Interest
    ₹20,00,000
    03-Aug-10 : Interest
    ₹20,00,000
    03-Nov-10 : Interest
    ₹20,00,000
    03-Feb-11 : Interest
    ₹20,00,000
    03-May-11 : Interest
    ₹20,00,000
    03-Aug-11 : Interest
    ₹20,00,000
    03-Nov-11 : Interest
    ₹20,00,000
    03-Feb-12 : Interest
    ₹20,00,000
    03-May-12 : Interest
    ₹20,00,000
    03-Aug-12 : Interest
    ₹20,00,000
    03-Nov-12 : Interest
    ₹20,00,000
    03-Feb-13 : Interest
    ₹20,00,000
    03-May-13 : Interest
    ₹20,00,000
    03-Aug-13 : Interest
    ₹20,00,000
    03-Nov-13 : Interest
    ₹20,00,000
    03-Feb-14 : Interest
    ₹20,00,000
    03-May-14 : Interest
    ₹20,00,000
    03-Aug-14 : Interest
    ₹20,00,000
    03-Nov-14 : Interest
    ₹20,00,000
    03-Feb-15 : Interest
    -₹3,22,222
    02-Mar-15 : Interest
    ₹13,96,77,777
    02-Mar-15 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,96,77,777)

    Summary

    Instrument Attributes

    Value

    Coupon Rate

    8.00%

    Returns

    Medium

    Bond Rating

    D

    Seniority in Repayment

    None

    Instrument Category

    Non Convertible

    Similar Bonds

    Bond Instrument
    CARE
    D

    9% Mantri Infrastructure Private Limited - D Rated (INE00JW07011)

    In-activePrivate SectorSecured

    Min Investment
    ₹10,00,00,000
    Coupon Rate
    9%
    Payment Frequency
    Quarterly
    Return Type
    Taxable
    Debenture
    BRICKWORK
    D

    16.00% Tridhaatu Renovators Private Limited - D Rated (INE00VH07017)

    In-activePrivate SectorSecured

    Min Investment
    ₹1,00,00,000
    Coupon Rate
    16.00%
    Payment Frequency
    Annually
    Return Type
    Taxable
    Debenture
    CARE
    D

    14% Ozone Realtors Private Limited - D Rated (INE010T07042)

    In-activePrivate SectorSecured

    Min Investment
    ₹1,00,000
    Coupon Rate
    14%
    Payment Frequency
    Quarterly
    Return Type
    Taxable
    Debenture
    CARE
    D

    8.75% Reliance Capital Limited - D Rated (INE013A070B8)

    In-activePrivate SectorSecured

    Min Investment
    ₹10,00,00,000
    Coupon Rate
    8.75%
    Payment Frequency
    Annually
    Return Type
    Taxable
    Debenture
    CARE
    D

    8.85% Reliance Capital Limited - D Rated (INE013A070C6)

    In-activePrivate SectorSecured

    Min Investment
    ₹10,00,00,000
    Coupon Rate
    8.85%
    Payment Frequency
    Annually
    Return Type
    Taxable

    About the issuer

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

    FAQs about INE043A08033 issued by Gtl Limited

    The instrument name of INE043A08033 ISIN is GTL LIMITED 8 NCD 03FB15 FVRS10LAC.
    The interest earned from INE043A08033 bond issued by Gtl Limited is paid Quarterly, ensuring regular and consistent income for investors.
    This INE043A08033 bond issued by Gtl Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
    This Debenture offers a coupon rate of 8%, which determines the periodic interest payments made to bondholders.
    The INE043A08033 Debenture is issued by Gtl Limited, a Private Sector company.
    Popular Collection Pages
    collapse
    Popular Issuers
    collapse
    Bonds Academy
    collapse
    People

    Invest in safer portfolio without compromising returns.

    Dezerv Debt PMS strategy designed by our investment experts

    Learn more

    up arrow