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13.50% Neogrowth Credit Private Limited (INE814O08020)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE814O08020
Face value
₹1,000
Coupon rate
13.50%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
66.25
Instrument Type
Debenture
Returns
High
Date of Issue
23 Sep 2021
Maturity Date
23 Sep 2040
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
NEOGROWTH CREDIT PRIVATE LIMITED 13.5 CCD 23SP40 FVRS1000
Neogrowth Credit Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE814O08020, with a face value of ₹1,000 rs on 23Sep21 to raise 66.25 crores. The debt instrument
is issued with a coupon rate of 13.50% 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 13.5% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE. DATE OF CONVERSION 23/09/2040. 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 BPJ CREDIT & INVESTMENTS 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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000
Cashflow
₹1,00,000
23-Sep-21 : Your investment
₹13,500
23-Sep-22 : Interest
₹13,500
23-Sep-23 : Interest
₹13,500
23-Sep-24 : Interest
₹13,500
23-Sep-25 : Interest
₹13,500
23-Sep-26 : Interest
₹13,500
23-Sep-27 : Interest
₹13,500
23-Sep-28 : Interest
₹13,500
23-Sep-29 : Interest
₹13,500
23-Sep-30 : Interest
₹13,500
23-Sep-31 : Interest
₹13,500
23-Sep-32 : Interest
₹13,500
23-Sep-33 : Interest
₹13,500
23-Sep-34 : Interest
₹13,500
23-Sep-35 : Interest
₹13,500
23-Sep-36 : Interest
₹13,500
23-Sep-37 : Interest
₹13,500
23-Sep-38 : Interest
₹13,500
23-Sep-39 : Interest
₹13,500
23-Sep-40 : Interest
₹3,56,500
23-Sep-40 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹2,56,500)
Summary
Instrument Attributes
Value
Coupon Rate
13.50%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
None
Instrument Category
Fully Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Neogrowth Credit Private Limited
FAQs about INE814O08020 issued by Neogrowth Credit Private Limited
What is the instrument name of INE814O08020 ISIN?
The instrument name of INE814O08020 ISIN is NEOGROWTH CREDIT PRIVATE LIMITED 13.5 CCD 23SP40 FVRS1000.
How frequently is the interest paid on INE814O08020 bond issued by Neogrowth Credit Private Limited?
The interest earned from INE814O08020 bond issued by Neogrowth Credit Private Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE814O08020 bond issued by Neogrowth Credit Private Limited?
This INE814O08020 bond issued by Neogrowth Credit Private Limited does not currently have an assigned credit rating
What is the coupon rate of INE814O08020 bond issued by Neogrowth Credit Private Limited?
This Debenture offers a coupon rate of 13.5%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE814O08020 Debenture?
The INE814O08020 Debenture is issued by Neogrowth Credit Private 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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