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20% Heritage Max Realtech Private Limited - BB Rated (INE366U08101)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE366U08101
Face value
₹100
Coupon rate
20%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
13.755
Instrument Type
Debenture
Returns
High
Date of Issue
12 May 2017
Maturity Date
05 Dec 2027
Perpetual
Yes
Listing Status
Unlisted
Rating status
BB (CARE Ratings)
Call Option
Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Fully Convertible
About this Bond
HERITAGE MAX REALTECH PRIVATE LIMITED SR-V 20 LOA 12MY27 FVRS100
Heritage Max Realtech Private Limited, a Residential, Commercial Projects company, has floated Debenture,
having ISIN value as INE366U08101, with a face value of ₹100 rs on 12May17 to raise 13.755 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 REDEEMABLE OPTIONALLY CONVERTIBLE DEBENTURES. SERIES V. LETTER OF ALLOTMENT. DATE OF CONVERSION 12/05/2027. This instrument is issued in Private Placement mode. It has Compounding coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given BB rating to
this Debenture on 01Jan70. 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
12-May-17 : Your investment
₹500
12-Aug-17 : Interest
₹500
12-Nov-17 : Interest
₹500
12-Feb-18 : Interest
₹500
12-May-18 : Interest
₹500
12-Aug-18 : Interest
₹500
12-Nov-18 : Interest
₹500
12-Feb-19 : Interest
₹500
12-May-19 : Interest
₹500
12-Aug-19 : Interest
₹500
12-Nov-19 : Interest
₹500
12-Feb-20 : Interest
₹500
12-May-20 : Interest
₹500
12-Aug-20 : Interest
₹500
12-Nov-20 : Interest
₹500
12-Feb-21 : Interest
₹500
12-May-21 : Interest
₹500
12-Aug-21 : Interest
₹500
12-Nov-21 : Interest
₹500
12-Feb-22 : Interest
₹500
12-May-22 : Interest
₹500
12-Aug-22 : Interest
₹500
12-Nov-22 : Interest
₹500
12-Feb-23 : Interest
₹500
12-May-23 : Interest
₹500
12-Aug-23 : Interest
₹500
12-Nov-23 : Interest
₹500
12-Feb-24 : Interest
₹500
12-May-24 : Interest
₹500
12-Aug-24 : Interest
₹500
12-Nov-24 : Interest
₹500
12-Feb-25 : Interest
₹500
12-May-25 : Interest
₹500
12-Aug-25 : Interest
₹500
12-Nov-25 : Interest
₹500
12-Feb-26 : Interest
₹500
12-May-26 : Interest
₹500
12-Aug-26 : Interest
₹500
12-Nov-26 : Interest
₹500
12-Feb-27 : Interest
₹500
12-May-27 : Interest
₹500
12-Aug-27 : Interest
₹500
12-Nov-27 : Interest
₹63
05-Dec-27 : Interest
₹31,063
05-Dec-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
Fully 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 INE366U08101 issued by Heritage Max Realtech Private Limited
What is the instrument name of INE366U08101 ISIN?
The instrument name of INE366U08101 ISIN is HERITAGE MAX REALTECH PRIVATE LIMITED SR-V 20 LOA 12MY27 FVRS100.
How frequently is the interest paid on INE366U08101 bond issued by Heritage Max Realtech Private Limited?
The interest earned from INE366U08101 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 INE366U08101 bond issued by Heritage Max Realtech Private Limited?
This INE366U08101 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 INE366U08101 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 INE366U08101 Debenture?
The INE366U08101 Debenture is issued by Heritage Max Realtech Private Limited, a Private Sector company.
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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.
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