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Instrument Details

ISIN: INE03NL08026

Face value

₹10

Coupon rate

TRANSFER PRICING ANNUALLY

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

53

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

28 Dec 2020

Maturity Date

27 Jun 2043

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

SPRNG RENEWABLE ENERGY PRIVATE LIMITED RR OCD 27JU43 FVRS10
Sprng Renewable Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE03NL08026, with a face value of ₹10 rs on 28Dec20 to raise 53 crores. The debt instrument is issued with a coupon rate of TRANSFER PRICING ANNUALLY 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 Unsecured Debenture is RESET RATE UNSECURED UNLISTED UNRATED REDEEMABLE OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 27/06/2043.. 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 ARINSUN RENEWABLE ENERGY 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

TRANSFER PRICING ANNUALLY

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

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

FAQs about INE03NL08026 issued by Sprng Renewable Energy Private Limited

The instrument name of INE03NL08026 ISIN is SPRNG RENEWABLE ENERGY PRIVATE LIMITED RR OCD 27JU43 FVRS10.
The interest earned from INE03NL08026 bond issued by Sprng Renewable Energy Private Limited is paid Annually, ensuring regular and consistent income for investors.
This INE03NL08026 bond issued by Sprng Renewable Energy Private Limited does not currently have an assigned credit rating
The coupon rate of INE03NL08026 bond issued by Sprng Renewable Energy Private Limited is TRANSFER PRICING ANNUALLY.
The INE03NL08026 Debenture is issued by Sprng Renewable Energy Private Limited, a Private Sector company.
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