The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
20% Heritage Max Realtech Private Limited - BB Rated (INE366U08051)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE366U08051
Face value
₹100
Coupon rate
20%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
5.46
Instrument Type
Debenture
Returns
High
Date of Issue
10 Mar 2017
Maturity Date
03 Oct 2027
Perpetual
Yes
Listing Status
Listed
Rating status
BB (CARE Ratings)
Call Option
Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
HERITAGE MAX REALTECH PRIVATE LIMITED SR-C 20 LOA 10MR27 FVRS100
Heritage Max Realtech Private Limited, a Residential, Commercial Projects company, has floated Debenture,
having ISIN value as INE366U08051, with a face value of ₹100 rs on 10Mar17 to raise 5.46 crores. The debt instrument
is issued with a coupon rate of 20% 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 20% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES C. LETTER OF ALLOTMENT. DATE OF MATURITY 10/03/2027. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 20Mar17. CARE Ratings Limited has given BB rating to
this Debenture on 01Feb16. 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
₹100
Lot Size
100
Minimum Investment
₹10,000
Cashflow
₹10,000
10-Mar-17 : Your investment
₹500
10-Jun-17 : Interest
₹500
10-Sep-17 : Interest
₹500
10-Dec-17 : Interest
₹500
10-Mar-18 : Interest
₹500
10-Jun-18 : Interest
₹500
10-Sep-18 : Interest
₹500
10-Dec-18 : Interest
₹500
10-Mar-19 : Interest
₹500
10-Jun-19 : Interest
₹500
10-Sep-19 : Interest
₹500
10-Dec-19 : Interest
₹500
10-Mar-20 : Interest
₹500
10-Jun-20 : Interest
₹500
10-Sep-20 : Interest
₹500
10-Dec-20 : Interest
₹500
10-Mar-21 : Interest
₹500
10-Jun-21 : Interest
₹500
10-Sep-21 : Interest
₹500
10-Dec-21 : Interest
₹500
10-Mar-22 : Interest
₹500
10-Jun-22 : Interest
₹500
10-Sep-22 : Interest
₹500
10-Dec-22 : Interest
₹500
10-Mar-23 : Interest
₹500
10-Jun-23 : Interest
₹500
10-Sep-23 : Interest
₹500
10-Dec-23 : Interest
₹500
10-Mar-24 : Interest
₹500
10-Jun-24 : Interest
₹500
10-Sep-24 : Interest
₹500
10-Dec-24 : Interest
₹500
10-Mar-25 : Interest
₹500
10-Jun-25 : Interest
₹500
10-Sep-25 : Interest
₹500
10-Dec-25 : Interest
₹500
10-Mar-26 : Interest
₹500
10-Jun-26 : Interest
₹500
10-Sep-26 : Interest
₹500
10-Dec-26 : Interest
₹500
10-Mar-27 : Interest
₹500
10-Jun-27 : Interest
₹500
10-Sep-27 : Interest
₹63
03-Oct-27 : Interest
₹31,063
03-Oct-27 : Maturity amount (Investment: ₹10,000, Interest earned: ₹21,063)
Summary
Instrument Attributes
Value
Coupon Rate
20%
Returns
High
Bond Rating
BB
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Residential, Commercial Projects
HEAD OFFICE
New Delhi
SECTOR
Realty
ISSUER OWNERSHIP
Private Sector
Other Bonds of Heritage Max Realtech Private Limited
FAQs about INE366U08051 issued by Heritage Max Realtech Private Limited
What is the instrument name of INE366U08051 ISIN?
The instrument name of INE366U08051 ISIN is HERITAGE MAX REALTECH PRIVATE LIMITED SR-C 20 LOA 10MR27 FVRS100.
How frequently is the interest paid on INE366U08051 bond issued by Heritage Max Realtech Private Limited?
The interest earned from INE366U08051 bond issued by Heritage Max Realtech Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE366U08051 bond issued by Heritage Max Realtech Private Limited?
This INE366U08051 bond issued by Heritage Max Realtech Private Limited has been assigned a credit rating of BB by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE366U08051 bond issued by Heritage Max Realtech Private Limited?
This Debenture offers a coupon rate of 20%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE366U08051 Debenture?
The INE366U08051 Debenture is issued by Heritage Max Realtech 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.
