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Instrument Details

ISIN: INE924X08010

Face value

₹10

Coupon rate

15%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

14.71325

Instrument Type

Debenture

Returns

High

Date of Issue

08 Jun 2017

Maturity Date

06 Jul 2037

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Fully Convertible

About this Bond

INDIGRID SOLAR-II (AP) PRIVATE LIMITED 15 CCD 07JU37 FVRS10
Indigrid Solar-ii (ap) Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE924X08010, with a face value of ₹10 rs on 08Jun17 to raise 14.71325 crores. The debt instrument is issued with a coupon rate of 15% 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 15% UNSECURED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 07/06/2037. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as FRV INDIA SOLAR PARK-II PRIVATE 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
check
Outlook
N/A
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Seniority in Repayment
Subordinate Tier 1
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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
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
08-Jun-17 : Your investment
₹37
08-Sep-17 : Interest
₹37
08-Dec-17 : Interest
₹37
08-Mar-18 : Interest
₹37
08-Jun-18 : Interest
₹37
08-Sep-18 : Interest
₹37
08-Dec-18 : Interest
₹37
08-Mar-19 : Interest
₹37
08-Jun-19 : Interest
₹37
08-Sep-19 : Interest
₹37
08-Dec-19 : Interest
₹37
08-Mar-20 : Interest
₹37
08-Jun-20 : Interest
₹37
08-Sep-20 : Interest
₹37
08-Dec-20 : Interest
₹37
08-Mar-21 : Interest
₹37
08-Jun-21 : Interest
₹37
08-Sep-21 : Interest
₹37
08-Dec-21 : Interest
₹37
08-Mar-22 : Interest
₹37
08-Jun-22 : Interest
₹37
08-Sep-22 : Interest
₹37
08-Dec-22 : Interest
₹37
08-Mar-23 : Interest
₹37
08-Jun-23 : Interest
₹37
08-Sep-23 : Interest
₹37
08-Dec-23 : Interest
₹37
08-Mar-24 : Interest
₹37
08-Jun-24 : Interest
₹37
08-Sep-24 : Interest
₹37
08-Dec-24 : Interest
₹37
08-Mar-25 : Interest
₹37
08-Jun-25 : Interest
₹37
08-Sep-25 : Interest
₹37
08-Dec-25 : Interest
₹37
08-Mar-26 : Interest
₹37
08-Jun-26 : Interest
₹37
08-Sep-26 : Interest
₹37
08-Dec-26 : Interest
₹37
08-Mar-27 : Interest
₹37
08-Jun-27 : Interest
₹37
08-Sep-27 : Interest
₹37
08-Dec-27 : Interest
₹37
08-Mar-28 : Interest
₹37
08-Jun-28 : Interest
₹37
08-Sep-28 : Interest
₹37
08-Dec-28 : Interest
₹37
08-Mar-29 : Interest
₹37
08-Jun-29 : Interest
₹37
08-Sep-29 : Interest
₹37
08-Dec-29 : Interest
₹37
08-Mar-30 : Interest
₹37
08-Jun-30 : Interest
₹37
08-Sep-30 : Interest
₹37
08-Dec-30 : Interest
₹37
08-Mar-31 : Interest
₹37
08-Jun-31 : Interest
₹37
08-Sep-31 : Interest
₹37
08-Dec-31 : Interest
₹37
08-Mar-32 : Interest
₹37
08-Jun-32 : Interest
₹37
08-Sep-32 : Interest
₹37
08-Dec-32 : Interest
₹37
08-Mar-33 : Interest
₹37
08-Jun-33 : Interest
₹37
08-Sep-33 : Interest
₹37
08-Dec-33 : Interest
₹37
08-Mar-34 : Interest
₹37
08-Jun-34 : Interest
₹37
08-Sep-34 : Interest
₹37
08-Dec-34 : Interest
₹37
08-Mar-35 : Interest
₹37
08-Jun-35 : Interest
₹37
08-Sep-35 : Interest
₹37
08-Dec-35 : Interest
₹37
08-Mar-36 : Interest
₹37
08-Jun-36 : Interest
₹37
08-Sep-36 : Interest
₹37
08-Dec-36 : Interest
₹37
08-Mar-37 : Interest
₹37
08-Jun-37 : Interest
₹27
06-Jul-37 : Interest
₹4,027
06-Jul-37 : Maturity amount (Investment: ₹1,000, Interest earned: ₹3,027)

Summary

Instrument Attributes

Value

Coupon Rate

15%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE924X08010 issued by Indigrid Solar-ii (ap) Private Limited

The instrument name of INE924X08010 ISIN is INDIGRID SOLAR-II (AP) PRIVATE LIMITED 15 CCD 07JU37 FVRS10.
The interest earned from INE924X08010 bond issued by Indigrid Solar-ii (ap) Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE924X08010 bond issued by Indigrid Solar-ii (ap) Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 15%, which determines the periodic interest payments made to bondholders.
The INE924X08010 Debenture is issued by Indigrid Solar-ii (ap) Private Limited, a Private Sector company.
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