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Instrument Details

ISIN: INE05Y607012

Face value

₹1,00,000

Coupon rate

1%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

32

Instrument Type

Debenture

Returns

Low

Date of Issue

26 Dec 2021

Maturity Date

31 Mar 2028

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

PRIMACY INDUSTRIES LIMITED 1 OCD 31MR28 FVRS1LAC
Primacy Industries Limited, a Diversified Consumer Products company, has floated Debenture, having ISIN value as INE05Y607012, with a face value of ₹1,00,000 rs on 26Dec21 to raise 32 crores. The debt instrument is issued with a coupon rate of 1% 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 Secured Debenture is 1% SECURED UNRATED UNLISTED OPTIONALLY COINVERTIBLE DEBENTURE. DATE OF MATURITY 31/03/2028.. This instrument is issued in Private Placement (non-EBP) 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 PRIMACY INDUSTRIES 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
Secured
Investment Calculation (Pre-Tax)

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

Face Value
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000

Cashflow

₹1,00,00,000
26-Dec-21 : Your investment
₹1,00,000
26-Dec-22 : Interest
₹1,00,000
26-Dec-23 : Interest
₹1,00,000
26-Dec-24 : Interest
₹1,00,000
26-Dec-25 : Interest
₹1,00,000
26-Dec-26 : Interest
₹1,00,000
26-Dec-27 : Interest
₹1,06,00,000
31-Mar-28 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹6,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

1%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Diversified Consumer Products
Head Office
HEAD OFFICE
Udupi
Sector name
SECTOR
Consumer Durables
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE05Y607012 issued by Primacy Industries Limited

The instrument name of INE05Y607012 ISIN is PRIMACY INDUSTRIES LIMITED 1 OCD 31MR28 FVRS1LAC.
The interest earned from INE05Y607012 bond issued by Primacy Industries Limited is paid Annually, ensuring regular and consistent income for investors.
This INE05Y607012 bond issued by Primacy Industries Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 1%, which determines the periodic interest payments made to bondholders.
The INE05Y607012 Debenture is issued by Primacy Industries Limited, a Private Sector company.
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