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Instrument Details

ISIN: INE183X07064

Face value

₹10,00,000

Coupon rate

11%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

35

Instrument Type

Debenture

Returns

High

Date of Issue

31 Mar 2017

Maturity Date

31 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

D (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

SICAL MULTIMODAL AND RAIL TRANSPORT LIMITED STRPP 5 11 NCD 31MR23 FVRS10LAC
Sical Multimodal And Rail Transport Limited, a Utilities company, has floated Debenture, having ISIN value as INE183X07064, with a face value of ₹10,00,000 rs on 31Mar17 to raise 35 crores. The debt instrument is issued with a coupon rate of 11% 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 11.% SECURED GUARANTEED SENIOR TAXABLE NON CUMULATIVE RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. STRPP 5. DATE OF MATURITY 31/03/2023. 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 20Apr17. ICRA LIMITED has given D rating to this Debenture on 28Mar24. This issuer is formerly known as SICAL MULTIMODEL AND RAIL TRANSPORT 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
D
Default or Expect to Default
D
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Date Verified
01 Apr 2024
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Outlook
No Outlook
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Seniority in Repayment
Senior
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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
31-Mar-17 : Your investment
₹55,00,000
01-Oct-17 : Interest
₹55,00,000
01-Apr-18 : Interest
₹55,00,000
01-Oct-18 : Interest
₹55,00,000
01-Apr-19 : Interest
₹55,00,000
01-Oct-19 : Interest
₹55,00,000
01-Apr-20 : Interest
₹55,00,000
01-Oct-20 : Interest
₹55,00,000
01-Apr-21 : Interest
₹55,00,000
01-Oct-21 : Interest
₹55,00,000
01-Apr-22 : Interest
₹55,00,000
01-Oct-22 : Interest
₹36,97,222
31-Mar-23 : Interest
₹16,41,97,222
31-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,41,97,222)

Summary

Instrument Attributes

Value

Coupon Rate

11%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE183X07064 issued by Sical Multimodal And Rail Transport Limited

The instrument name of INE183X07064 ISIN is SICAL MULTIMODAL AND RAIL TRANSPORT LIMITED STRPP 5 11 NCD 31MR23 FVRS10LAC.
The interest earned from INE183X07064 bond issued by Sical Multimodal And Rail Transport Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE183X07064 bond issued by Sical Multimodal And Rail Transport Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 11%, which determines the periodic interest payments made to bondholders.
The INE183X07064 Debenture is issued by Sical Multimodal And Rail Transport Limited, a Private Sector company.
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