The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE806U07017

Face value

₹1,00,000

Coupon rate

RESET RATE - REFER REMARKS.

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

199

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

04 Nov 2020

Maturity Date

11 Apr 2023

Perpetual

Yes

Listing Status

Listed

Rating status

D (Infomerics Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

LOGIX BUILDTECH PRIVATE LIMITED CLASS A RR NCD 04NV23 FVRS1LAC
Logix Buildtech Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE806U07017, with a face value of ₹1,00,000 rs on 04Nov20 to raise 199 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS. and its interest is paid Monthly. 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 Secured Debenture is RESET RATE SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.CLASS A. DATE OF MATURITY 04/11/2023.. 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 14Nov20. Infomerics Valuation and Rating Pvt. Ltd has given D rating to this Debenture on 30Oct24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
check
Date Verified
-
check
Outlook
No Outlook
logo
Seniority in Repayment
None
logo
Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE - REFER REMARKS.

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE806U07017 issued by Logix Buildtech Private Limited

The instrument name of INE806U07017 ISIN is LOGIX BUILDTECH PRIVATE LIMITED CLASS A RR NCD 04NV23 FVRS1LAC.
The interest earned from INE806U07017 bond issued by Logix Buildtech Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE806U07017 bond issued by Logix Buildtech Private Limited has been assigned a credit rating of D by Infomerics Valuation and Rating Pvt. Ltd, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE806U07017 bond issued by Logix Buildtech Private Limited is RESET RATE - REFER REMARKS..
The INE806U07017 Debenture is issued by Logix Buildtech Private Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow