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9.50% Prestige Projects Private Limited - A Rated (INE757O07023)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE757O07023
Face value
₹5,39,960
Coupon rate
9.50%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
200
Instrument Type
Debenture
Returns
High
Date of Issue
08 Jul 2022
Maturity Date
01 May 2026
Perpetual
Yes
Listing Status
Listed
Rating status
A+(CE) (ICRA Ratings)
Call Option
Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
PRESTIGE PROJECTS PRIVATE LIMITED SR II 9.50 NCD 05JN26 FVRS539960
Prestige Projects Private Limited, a Residential, Commercial Projects company, has floated Debenture,
having ISIN value as INE757O07023, with a face value of ₹5,39,960 rs on 08Jul22 to raise 200 crores. The debt instrument
is issued with a coupon rate of 9.50% 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 9.50% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES II. DATE OF MATURITY 05/01/2026.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Debenture is listed on NSE stock
exchange on 13Jul22. ICRA LIMITED has given A+(CE) rating to
this Debenture on 25Jul23. 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
₹5,39,960
Lot Size
100
Minimum Investment
₹5,39,96,000
Cashflow
₹5,39,96,000
08-Jul-22 : Your investment
₹12,82,405
08-Oct-22 : Interest
₹12,82,405
08-Jan-23 : Interest
₹12,82,405
08-Apr-23 : Interest
₹12,82,405
08-Jul-23 : Interest
₹12,82,405
08-Oct-23 : Interest
₹12,82,405
08-Jan-24 : Interest
₹12,82,405
08-Apr-24 : Interest
₹12,82,405
08-Jul-24 : Interest
₹12,82,405
08-Oct-24 : Interest
₹12,82,405
08-Jan-25 : Interest
₹12,82,405
08-Apr-25 : Interest
₹12,82,405
08-Jul-25 : Interest
₹12,82,405
08-Oct-25 : Interest
₹12,82,405
08-Jan-26 : Interest
₹12,82,405
08-Apr-26 : Interest
₹7,32,32,075
01-May-26 : Maturity amount (Investment: ₹5,39,96,000, Interest earned: ₹1,92,36,075)
Summary
Instrument Attributes
Value
Coupon Rate
9.50%
Returns
High
Bond Rating
A+(CE)
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Residential, Commercial Projects
HEAD OFFICE
Bangalore
SECTOR
Realty
ISSUER OWNERSHIP
Private Sector
Other Bonds of Prestige Projects Private Limited
FAQs about INE757O07023 issued by Prestige Projects Private Limited
What is the instrument name of INE757O07023 ISIN?
The instrument name of INE757O07023 ISIN is PRESTIGE PROJECTS PRIVATE LIMITED SR II 9.50 NCD 05JN26 FVRS539960.
How frequently is the interest paid on INE757O07023 bond issued by Prestige Projects Private Limited?
The interest earned from INE757O07023 bond issued by Prestige Projects Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE757O07023 bond issued by Prestige Projects Private Limited?
This INE757O07023 bond issued by Prestige Projects Private Limited has been assigned a credit rating of A+(CE) by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE757O07023 bond issued by Prestige Projects Private Limited?
This Debenture offers a coupon rate of 9.5%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE757O07023 Debenture?
The INE757O07023 Debenture is issued by Prestige Projects 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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