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Instrument Details

ISIN: INE02EC08075

Face value

₹10

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

154

Instrument Type

Debenture

Returns

Low

Date of Issue

06 Dec 2021

Maturity Date

12 May 2041

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

RELIANCE COMMERCIAL DEALERS LIMITED SR G OCD 05DC41 FVRS10
Reliance Commercial Dealers Limited, a Transport Related Services company, has floated Debenture, having ISIN value as INE02EC08075, with a face value of ₹10 rs on 06Dec21 to raise 154 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE.SERIES G. DATE OF CONVERSION 05/12/2041. 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 RELIANCE COMMERCIAL DEALERS 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
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Low

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Transport Related Services
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE02EC08075 issued by Reliance Commercial Dealers Limited

The instrument name of INE02EC08075 ISIN is RELIANCE COMMERCIAL DEALERS LIMITED SR G OCD 05DC41 FVRS10.
Never, as INE02EC08075 bond issued by Reliance Commercial Dealers Limited is a Zero-coupon bond.
This INE02EC08075 bond issued by Reliance Commercial Dealers Limited does not currently have an assigned credit rating
The coupon rate of INE02EC08075 bond issued by Reliance Commercial Dealers Limited is 0%.
The INE02EC08075 Debenture is issued by Reliance Commercial Dealers Limited, a Private Sector company.
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