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12% Prestige Projects Private Limited - A Rated (INE757O08021)
ActivePrivate SectorUnsecured
Instrument Details
ISIN: INE757O08021
Face value
₹10
Coupon rate
12%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
148.813335
Instrument Type
Debenture
Returns
High
Date of Issue
20 Aug 2018
Maturity Date
20 Aug 2038
Perpetual
Yes
Listing Status
Unlisted
Rating status
A (ICRA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
Subordinate Tier 1
Guarantee Type
Non Convertible
About this Bond
PRESTIGE PROJECTS PRIVATE LIMITED SERIES B 12 NCD 20AG38 FVRS10
Prestige Projects Private Limited, a Residential, Commercial Projects company, has floated Debenture,
having ISIN value as INE757O08021, with a face value of ₹10 rs on 20Aug18 to raise 148.813335 crores. The debt instrument
is issued with a coupon rate of 12% 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 12% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 20/08/2038. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A rating to
this Debenture on 24Aug18. 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
₹10
Lot Size
100
Minimum Investment
₹1,000
Cashflow
₹1,000
20-Aug-18 : Your investment
₹120
20-Aug-19 : Interest
₹120
20-Aug-20 : Interest
₹120
20-Aug-21 : Interest
₹120
20-Aug-22 : Interest
₹120
20-Aug-23 : Interest
₹120
20-Aug-24 : Interest
₹120
20-Aug-25 : Interest
₹120
20-Aug-26 : Interest
₹120
20-Aug-27 : Interest
₹120
20-Aug-28 : Interest
₹120
20-Aug-29 : Interest
₹120
20-Aug-30 : Interest
₹120
20-Aug-31 : Interest
₹120
20-Aug-32 : Interest
₹120
20-Aug-33 : Interest
₹120
20-Aug-34 : Interest
₹120
20-Aug-35 : Interest
₹120
20-Aug-36 : Interest
₹120
20-Aug-37 : Interest
₹120
20-Aug-38 : Interest
₹3,400
20-Aug-38 : Maturity amount (Investment: ₹1,000, Interest earned: ₹2,400)
Summary
Instrument Attributes
Value
Coupon Rate
12%
Returns
High
Bond Rating
A
Seniority in Repayment
Subordinate Tier 1
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 INE757O08021 issued by Prestige Projects Private Limited
What is the instrument name of INE757O08021 ISIN?
The instrument name of INE757O08021 ISIN is PRESTIGE PROJECTS PRIVATE LIMITED SERIES B 12 NCD 20AG38 FVRS10.
How frequently is the interest paid on INE757O08021 bond issued by Prestige Projects Private Limited?
The interest earned from INE757O08021 bond issued by Prestige Projects Private Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE757O08021 bond issued by Prestige Projects Private Limited?
This INE757O08021 bond issued by Prestige Projects Private Limited has been assigned a credit rating of A by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE757O08021 bond issued by Prestige Projects Private Limited?
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE757O08021 Debenture?
The INE757O08021 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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