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12% Reliant Credits (india) Limited (INE02VO07290)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE02VO07290
Face value
₹1,000
Coupon rate
12%
Payment
Monthly
Tax Type
Taxable
Issue Size (Cr)
8.6405
Instrument Type
Debenture
Returns
High
Date of Issue
11 Mar 2022
Maturity Date
03 Nov 2027
Perpetual
Yes
Listing Status
Unlisted
Rating status
Not Rated
Call Option
Not Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
RELIANT CREDITS (INDIA) LIMITED SR K SCH 3 12 NCD 11MR27 FVRS1000
Reliant Credits (india) Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE02VO07290, with a face value of ₹1,000 rs on 11Mar22 to raise 8.6405 crores. The debt instrument
is issued with a coupon rate of 12% and its interest is paid
Monthly. 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 12% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES K SCHEME 3.DATE OF MATURITY 11/03/2027. This instrument is issued in Private Placement (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 RELIANT HIRE PURCHASE COMPANY LIMITED, RELIANT HIRE PURCHASE COMPANY PRIVATE LIMITED 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
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000
Cashflow
₹1,00,000
11-Mar-22 : Your investment
₹1,000
11-Apr-22 : Interest
₹1,000
11-May-22 : Interest
₹1,000
11-Jun-22 : Interest
₹1,000
11-Jul-22 : Interest
₹1,000
11-Aug-22 : Interest
₹1,000
11-Sep-22 : Interest
₹1,000
11-Oct-22 : Interest
₹1,000
11-Nov-22 : Interest
₹1,000
11-Dec-22 : Interest
₹1,000
11-Jan-23 : Interest
₹1,000
11-Feb-23 : Interest
₹1,000
11-Mar-23 : Interest
₹1,000
11-Apr-23 : Interest
₹1,000
11-May-23 : Interest
₹1,000
11-Jun-23 : Interest
₹1,000
11-Jul-23 : Interest
₹1,000
11-Aug-23 : Interest
₹1,000
11-Sep-23 : Interest
₹1,000
11-Oct-23 : Interest
₹1,000
11-Nov-23 : Interest
₹1,000
11-Dec-23 : Interest
₹1,000
11-Jan-24 : Interest
₹1,000
11-Feb-24 : Interest
₹1,000
11-Mar-24 : Interest
₹1,000
11-Apr-24 : Interest
₹1,000
11-May-24 : Interest
₹1,000
11-Jun-24 : Interest
₹1,000
11-Jul-24 : Interest
₹1,000
11-Aug-24 : Interest
₹1,000
11-Sep-24 : Interest
₹1,000
11-Oct-24 : Interest
₹1,000
11-Nov-24 : Interest
₹1,000
11-Dec-24 : Interest
₹1,000
11-Jan-25 : Interest
₹1,000
11-Feb-25 : Interest
₹1,000
11-Mar-25 : Interest
₹1,000
11-Apr-25 : Interest
₹1,000
11-May-25 : Interest
₹1,000
11-Jun-25 : Interest
₹1,000
11-Jul-25 : Interest
₹1,000
11-Aug-25 : Interest
₹1,000
11-Sep-25 : Interest
₹1,000
11-Oct-25 : Interest
₹1,000
11-Nov-25 : Interest
₹1,000
11-Dec-25 : Interest
₹1,000
11-Jan-26 : Interest
₹1,000
11-Feb-26 : Interest
₹1,000
11-Mar-26 : Interest
₹1,000
11-Apr-26 : Interest
₹1,000
11-May-26 : Interest
₹1,000
11-Jun-26 : Interest
₹1,000
11-Jul-26 : Interest
₹1,000
11-Aug-26 : Interest
₹1,000
11-Sep-26 : Interest
₹1,000
11-Oct-26 : Interest
₹1,000
11-Nov-26 : Interest
₹1,000
11-Dec-26 : Interest
₹1,000
11-Jan-27 : Interest
₹1,000
11-Feb-27 : Interest
₹1,000
11-Mar-27 : Interest
₹1,000
11-Apr-27 : Interest
₹1,000
11-May-27 : Interest
₹1,000
11-Jun-27 : Interest
₹1,000
11-Jul-27 : Interest
₹1,000
11-Aug-27 : Interest
₹1,000
11-Sep-27 : Interest
₹1,000
11-Oct-27 : Interest
-₹150
03-Nov-27 : Interest
-₹150
03-Nov-27 : Interest
₹1,66,700
03-Nov-27 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹66,700)
Summary
Instrument Attributes
Value
Coupon Rate
12%
Returns
High
Bond Rating
Unrated
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Trivandrum
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of Reliant Credits (india) Limited
FAQs about INE02VO07290 issued by Reliant Credits (india) Limited
What is the instrument name of INE02VO07290 ISIN?
The instrument name of INE02VO07290 ISIN is RELIANT CREDITS (INDIA) LIMITED SR K SCH 3 12 NCD 11MR27 FVRS1000.
How frequently is the interest paid on INE02VO07290 bond issued by Reliant Credits (india) Limited?
The interest earned from INE02VO07290 bond issued by Reliant Credits (india) Limited is paid Monthly, ensuring regular and consistent income for investors.
What is the credit rating of the INE02VO07290 bond issued by Reliant Credits (india) Limited?
This INE02VO07290 bond issued by Reliant Credits (india) Limited does not currently have an assigned credit rating
What is the coupon rate of INE02VO07290 bond issued by Reliant Credits (india) Limited?
This Debenture offers a coupon rate of 12%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE02VO07290 Debenture?
The INE02VO07290 Debenture is issued by Reliant Credits (india) 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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