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Instrument Details

ISIN: INE924X08044

Face value

₹10

Coupon rate

15%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

15.28675

Instrument Type

Debenture

Returns

High

Date of Issue

24 Oct 2017

Maturity Date

23 Oct 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 SERIES 2 15 CCD 23OT37 FVRS10
Indigrid Solar-ii (ap) Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE924X08044, with a face value of ₹10 rs on 24Oct17 to raise 15.28675 crores. The debt instrument is issued with a coupon rate of 15% and its interest is paid on Maturity. 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 UNRATED UNLISTED FULLY CONVERTIBLE DEBENTURES. SERIES 2. DATE OF CONVERSION 23/10/2037. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption 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
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Outlook
N/A
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Seniority in Repayment
Subordinate Tier 1
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Security
Unsecured

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 INE924X08044 issued by Indigrid Solar-ii (ap) Private Limited

The instrument name of INE924X08044 ISIN is INDIGRID SOLAR-II (AP) PRIVATE LIMITED SERIES 2 15 CCD 23OT37 FVRS10.
The interest earned from the INE924X08044 bond issued by Indigrid Solar-ii (ap) Private Limited is paid at the time of maturity
This INE924X08044 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 INE924X08044 Debenture is issued by Indigrid Solar-ii (ap) Private Limited, a Private Sector company.
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