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Instrument Details

ISIN: INE0JX408026

Face value

₹1,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

16.5

Instrument Type

Debenture

Returns

Low

Date of Issue

09 Dec 2021

Maturity Date

12 Sep 2031

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

KAIRAV DEVELOPERS LIMITED OCD 09DC31 FVRS1LACS
Kairav Developers Limited, has floated Debenture, having ISIN value as INE0JX408026, with a face value of ₹1,00,000 rs on 09Dec21 to raise 16.5 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO RATE UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE.DATE OF CONVERSION 09/12/2031. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE0JX408026 issued by Kairav Developers Limited

The instrument name of INE0JX408026 ISIN is KAIRAV DEVELOPERS LIMITED OCD 09DC31 FVRS1LACS.
Never, as INE0JX408026 bond issued by Kairav Developers Limited is a Zero-coupon bond.
This INE0JX408026 bond issued by Kairav Developers Limited does not currently have an assigned credit rating
The coupon rate of INE0JX408026 bond issued by Kairav Developers Limited is 0%.
The INE0JX408026 Debenture is issued by Kairav Developers Limited, a Private Sector company.
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