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Instrument Details

ISIN: INE129R07036

Face value

₹10

Coupon rate

20%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

14 Nov 2019

Maturity Date

13 Nov 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SAI SRUSHTI DEVELOPERS PRIVATE LIMITED SR I 20 NCD 13NV21 FVRS10
Sai Srushti Developers Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE129R07036, with a face value of ₹10 rs on 14Nov19 to raise 25 crores. The debt instrument is issued with a coupon rate of 20% 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 20% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1. DATE OF MATURITY : 13/11/2021. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption 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
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
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
14-Nov-19 : Your investment
₹200
14-Nov-20 : Interest
₹200
13-Nov-21 : Interest
₹1,400
13-Nov-21 : Maturity amount (Investment: ₹1,000, Interest earned: ₹400)

Summary

Instrument Attributes

Value

Coupon Rate

20%

Returns

High

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE129R07036 issued by Sai Srushti Developers Private Limited

The instrument name of INE129R07036 ISIN is SAI SRUSHTI DEVELOPERS PRIVATE LIMITED SR I 20 NCD 13NV21 FVRS10.
The interest earned from INE129R07036 bond issued by Sai Srushti Developers Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE129R07036 bond issued by Sai Srushti Developers Private Limited does not currently have an assigned credit rating
This Debenture offers a coupon rate of 20%, which determines the periodic interest payments made to bondholders.
The INE129R07036 Debenture is issued by Sai Srushti Developers Private Limited, a Private Sector company.
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