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14% Macrotech Developers Limited - A Rated (INE711Z07018)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE711Z07018
Face value
₹5,00,00,000
Coupon rate
14%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
100
Instrument Type
Debenture
Returns
High
Date of Issue
13 Mar 2018
Maturity Date
03 Dec 2021
Perpetual
Yes
Listing Status
Unlisted
Rating status
A- (BRICKWORK Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 1
Guarantee Type
Non Convertible
About this Bond
MACROTECH DEVELOPERS LIMITED 14 LOA 12MR21 FVRS5CR
Macrotech Developers Limited, a Utilities company, has floated Debenture,
having ISIN value as INE711Z07018, with a face value of ₹5,00,00,000 rs on 13Mar18 to raise 100 crores. The debt instrument
is issued with a coupon rate of 14% 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 Secured
Debenture is 14% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 12/03/2021. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given A- rating to
this Debenture on 19Mar18. This issuer is formerly known as LODHA DEVELOPERS PRIVATE LIMITED, LODHA DEVELOPERS LIMITED, LODHA DEVELOPERS PRIVATE LIMITED 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
₹5,00,00,000
Lot Size
100
Minimum Investment
₹5,00,00,00,000
Cashflow
₹5,00,00,00,000
13-Mar-18 : Your investment
₹17,50,00,000
13-Jun-18 : Interest
₹17,50,00,000
13-Sep-18 : Interest
₹17,50,00,000
13-Dec-18 : Interest
₹17,50,00,000
13-Mar-19 : Interest
₹17,50,00,000
13-Jun-19 : Interest
₹17,50,00,000
13-Sep-19 : Interest
₹17,50,00,000
13-Dec-19 : Interest
₹17,50,00,000
13-Mar-20 : Interest
₹17,50,00,000
13-Jun-20 : Interest
₹17,50,00,000
13-Sep-20 : Interest
₹17,50,00,000
13-Dec-20 : Interest
₹17,50,00,000
13-Mar-21 : Interest
₹17,50,00,000
13-Jun-21 : Interest
₹17,50,00,000
13-Sep-21 : Interest
₹6,51,38,888
03-Dec-21 : Interest
₹7,51,51,38,888
03-Dec-21 : Maturity amount (Investment: ₹5,00,00,00,000, Interest earned: ₹2,51,51,38,888)
Summary
Instrument Attributes
Value
Coupon Rate
14%
Returns
High
Bond Rating
A-
Seniority in Repayment
Subordinate Tier 1
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Utilities
HEAD OFFICE
Mumbai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Macrotech Developers Limited
FAQs about INE711Z07018 issued by Macrotech Developers Limited
What is the instrument name of INE711Z07018 ISIN?
The instrument name of INE711Z07018 ISIN is MACROTECH DEVELOPERS LIMITED 14 LOA 12MR21 FVRS5CR.
How frequently is the interest paid on INE711Z07018 bond issued by Macrotech Developers Limited?
The interest earned from INE711Z07018 bond issued by Macrotech Developers Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE711Z07018 bond issued by Macrotech Developers Limited?
This INE711Z07018 bond issued by Macrotech Developers Limited has been assigned a credit rating of A- by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE711Z07018 bond issued by Macrotech Developers Limited?
This Debenture offers a coupon rate of 14%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE711Z07018 Debenture?
The INE711Z07018 Debenture is issued by Macrotech Developers 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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