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Instrument Details

ISIN: INE0CL708012

Face value

₹10,000

Coupon rate

0%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

4.95

Instrument Type

Debenture

Returns

Low

Date of Issue

18 Aug 2020

Maturity Date

17 Aug 2030

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

None

Guarantee Type

Fully Convertible

About this Bond

MESINDUS VENTURES LIMITED 0.0001 OCD 17AG30 FVRS10000
Mesindus Ventures Limited, a IT Enabled Services company, has floated Debenture, having ISIN value as INE0CL708012, with a face value of ₹10,000 rs on 18Aug20 to raise 4.95 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Annually. 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 0.0001% UNSECURED UNLISTED UNRATED OPTIONALLY FULLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 17/08/2030. This instrument is issued in Rights Issue 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 MESINDUS VENTURES 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
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,000
Lot Size
100
Minimum Investment
₹10,00,000

Cashflow

₹10,00,000
18-Aug-20 : Your investment
₹0
18-Aug-21 : Interest
₹0
18-Aug-22 : Interest
₹0
18-Aug-23 : Interest
₹0
18-Aug-24 : Interest
₹0
18-Aug-25 : Interest
₹0
18-Aug-26 : Interest
₹0
18-Aug-27 : Interest
₹0
18-Aug-28 : Interest
₹0
18-Aug-29 : Interest
₹0
17-Aug-30 : Interest
₹10,00,000
17-Aug-30 : Maturity amount (Investment: ₹10,00,000, Interest earned: ₹0)

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
IT Enabled Services
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Information Technology
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0CL708012 issued by Mesindus Ventures Limited

The instrument name of INE0CL708012 ISIN is MESINDUS VENTURES LIMITED 0.0001 OCD 17AG30 FVRS10000.
The interest earned from INE0CL708012 bond issued by Mesindus Ventures Limited is paid Annually, ensuring regular and consistent income for investors.
This INE0CL708012 bond issued by Mesindus Ventures Limited does not currently have an assigned credit rating
The coupon rate of INE0CL708012 bond issued by Mesindus Ventures Limited is 0%.
The INE0CL708012 Debenture is issued by Mesindus Ventures Limited, a Private Sector company.
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