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Instrument Details

ISIN: INE388Z07015

Face value

₹1,00,000

Coupon rate

RESET RATE REFER REMARKS

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

35

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Aug 2018

Maturity Date

30 Mar 2034

Perpetual

Yes

Listing Status

Unlisted

Rating status

A+(CE) (CARE Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

NEW ERA ENVIRO VENTURES (MAHBUBNAGAR) PRIVATE LIMITED SR A RR NCD 30MR34 FVRS1LAC
New Era Enviro Ventures (mahbubnagar) Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE388Z07015, with a face value of ₹1,00,000 rs on 28Aug18 to raise 35 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 RATED UNLISTED REDEEMABLE NON COVNVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 30/03/2034. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A+(CE) rating to this Debenture on 28Aug18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+(CE)
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Date Verified
05 Jan 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE REFER REMARKS

Returns

Linked to Markets

Bond Rating

A+(CE)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE388Z07015 issued by New Era Enviro Ventures (mahbubnagar) Private Limited

The instrument name of INE388Z07015 ISIN is NEW ERA ENVIRO VENTURES (MAHBUBNAGAR) PRIVATE LIMITED SR A RR NCD 30MR34 FVRS1LAC.
The interest earned from INE388Z07015 bond issued by New Era Enviro Ventures (mahbubnagar) Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE388Z07015 bond issued by New Era Enviro Ventures (mahbubnagar) Private Limited has been assigned a credit rating of A+(CE) by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE388Z07015 bond issued by New Era Enviro Ventures (mahbubnagar) Private Limited is RESET RATE REFER REMARKS.
The INE388Z07015 Debenture is issued by New Era Enviro Ventures (mahbubnagar) Private Limited, a Private Sector company.
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