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Instrument Details

ISIN: INE928T08019

Face value

₹10

Coupon rate

Variable Coupon

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

20

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

30 Jan 2017

Maturity Date

24 Jan 2037

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 1

Guarantee Type

Fully Convertible

About this Bond

RAJKOT (GUJARAT) SOLAR ENERGY PRIVATE LIMITED SR-I BR OCD 24JN37 FVRS10
Rajkot (gujarat) Solar Energy Private Limited, a Energy company, has floated Debenture, having ISIN value as INE928T08019, with a face value of ₹10 rs on 30Jan17 to raise 20 crores. The debt instrument is issued with a coupon rate of BENCHMARK MCLR RATE LINKED (REFER REMARKS) 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 BENCHMARK MCLR RATE LINKED UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURES. SERIES I. DATE OF CONVERSION 24/01/2037. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. 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
Subordinate Tier 1
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

Subordinate Tier 1

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Energy
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE928T08019 issued by Rajkot (gujarat) Solar Energy Private Limited

The instrument name of INE928T08019 ISIN is RAJKOT (GUJARAT) SOLAR ENERGY PRIVATE LIMITED SR-I BR OCD 24JN37 FVRS10.
The interest earned from INE928T08019 bond issued by Rajkot (gujarat) Solar Energy Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE928T08019 bond issued by Rajkot (gujarat) Solar Energy Private Limited does not currently have an assigned credit rating
The coupon rate of INE928T08019 bond issued by Rajkot (gujarat) Solar Energy Private Limited is BENCHMARK MCLR RATE LINKED (REFER REMARKS).
The INE928T08019 Debenture is issued by Rajkot (gujarat) Solar Energy Private Limited, a Private Sector company.
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