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8.85% Raymond Limited (INE301A07052)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE301A07052
Face value
₹10,00,000
Coupon rate
8.85%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
40
Instrument Type
Debenture
Returns
High
Date of Issue
26 Nov 2020
Maturity Date
25 Nov 2023
Perpetual
Yes
Listing Status
Listed
Rating status
WITHDRAWN (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
RAYMOND LIMITED SR O 8.85 NCD 25NV23 FVRS10LAC
Raymond Limited, a Other Textile Products company, has floated Debenture,
having ISIN value as INE301A07052, with a face value of ₹10,00,000 rs on 26Nov20 to raise 40 crores. The debt instrument
is issued with a coupon rate of 8.85% 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 8.85% SECURED SENIOR LISTED RATED REDEEMABLE NON COVNERTIBLE DEBENTURES. SERIES O. DATE OF MATURITY 25/11/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 27Nov20. CARE RATINGS LIMITED has given WITHDRAWN rating to
this Debenture on 26Nov20. 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
26-Nov-20 : Your investment
₹88,50,000
26-Nov-21 : Interest
₹88,50,000
26-Nov-22 : Interest
₹88,25,753
25-Nov-23 : Interest
₹12,65,25,753
25-Nov-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,65,25,753)
Summary
Instrument Attributes
Value
Coupon Rate
8.85%
Returns
High
Bond Rating
WITHDRAWN
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Other Textile Products
HEAD OFFICE
Ratnagiri
SECTOR
Textiles
ISSUER OWNERSHIP
Private Sector
Other Bonds of Raymond Limited
FAQs about INE301A07052 issued by Raymond Limited
What is the instrument name of INE301A07052 ISIN?
The instrument name of INE301A07052 ISIN is RAYMOND LIMITED SR O 8.85 NCD 25NV23 FVRS10LAC.
How frequently is the interest paid on INE301A07052 bond issued by Raymond Limited?
The interest earned from INE301A07052 bond issued by Raymond Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE301A07052 bond issued by Raymond Limited?
This INE301A07052 bond issued by Raymond Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE301A07052 bond issued by Raymond Limited?
This Debenture offers a coupon rate of 8.85%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE301A07052 Debenture?
The INE301A07052 Debenture is issued by Raymond 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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