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Instrument Details

ISIN: INE466V07026

Face value

₹7,64,940

Coupon rate

14% CAP

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

45

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

16 Sep 2016

Maturity Date

15 Aug 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (BRICKWORK 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

MANTRI METALLICS PRIVATE LIMITED SERIES A BR NCD 15AG22 FVRS764944.57
Mantri Metallics Private Limited, a Industrial company, has floated Debenture, having ISIN value as INE466V07026, with a face value of ₹7,64,940 rs on 16Sep16 to raise 45 crores. The debt instrument is issued with a coupon rate of 14% CAP 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 14% CAP SECURED GUARANTEED SENIOR TAXABLE CUMULATIVE RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 15/08/2022. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 06Sep19. 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
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Date Verified
29 Dec 2020
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Outlook
-
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

14% CAP

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE466V07026 issued by Mantri Metallics Private Limited

The instrument name of INE466V07026 ISIN is MANTRI METALLICS PRIVATE LIMITED SERIES A BR NCD 15AG22 FVRS764944.57.
The interest earned from INE466V07026 bond issued by Mantri Metallics Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE466V07026 bond issued by Mantri Metallics Private Limited has been assigned a credit rating of D by BRICKWORK RATINGS INDIA PRIVATE LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE466V07026 bond issued by Mantri Metallics Private Limited is 14% CAP.
The INE466V07026 Debenture is issued by Mantri Metallics Private Limited, a Private Sector company.
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