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Instrument Details

ISIN: INE003S07221

Face value

₹10,00,000

Coupon rate

8.55%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

373.8

Instrument Type

Debenture

Returns

High

Date of Issue

23 Nov 2020

Maturity Date

31 Aug 2022

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

Non Convertible

About this Bond

RENEW POWER PRIVATE LIMITED 8.549 NCD 31AG22 FVRS10LAC
Renew Power Private Limited, a Energy company, has floated Debenture, having ISIN value as INE003S07221, with a face value of ₹10,00,000 rs on 23Nov20 to raise 373.8 crores. The debt instrument is issued with a coupon rate of 8.55% and its interest is paid Semi 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 8.549% SECURED UNRATED UNLISTED TRANSFERABLE INTEREST BEARING REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/08/2022. This instrument is issued in Private Placement 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 RENEW POWER LIMITED, RENEW POWER PRIVATE LIMITED, RENEW POWER VENTURES 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
23-Nov-20 : Your investment
₹42,75,000
23-May-21 : Interest
₹42,75,000
23-Nov-21 : Interest
₹42,75,000
23-May-22 : Interest
₹3,80,000
31-Aug-22 : Interest
₹11,32,05,000
31-Aug-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,32,05,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.55%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE003S07221 issued by Renew Power Private Limited

The instrument name of INE003S07221 ISIN is RENEW POWER PRIVATE LIMITED 8.549 NCD 31AG22 FVRS10LAC.
The interest earned from INE003S07221 bond issued by Renew Power Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE003S07221 bond issued by Renew Power Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 8.55%, which determines the periodic interest payments made to bondholders.
The INE003S07221 Debenture is issued by Renew Power Private Limited, a Private Sector company.
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