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Instrument Details

ISIN: INE241Z07016

Face value

₹10,00,000

Coupon rate

10.25%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

100

Instrument Type

Debenture

Returns

High

Date of Issue

29 Jan 2018

Maturity Date

28 Jan 2021

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA- (SO) (Acuite Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

SUHANI TRADING AND INVESTMENT CONSULTANTS PVT LTD 10.25 NCD 28JN21 FVRS10LAC
Suhani Trading And Investment Consultants Pvt Ltd, a Industrial company, has floated Debenture, having ISIN value as INE241Z07016, with a face value of ₹10,00,000 rs on 29Jan18 to raise 100 crores. The debt instrument is issued with a coupon rate of 10.25% 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 10.25% SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE TAXABLE DEBENTURES. DATE OF MATURITY 28/01/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. Acuite Ratings And Research Limited has given AA- (SO) rating to this Debenture on 30Dec17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA- (SO)
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Date Verified
07 Jan 2019
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Outlook
Stable
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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
29-Jan-18 : Your investment
₹1,02,50,000
29-Jan-19 : Interest
₹1,02,50,000
29-Jan-20 : Interest
₹1,02,50,000
28-Jan-21 : Interest
₹13,07,50,000
28-Jan-21 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,07,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

10.25%

Returns

High

Bond Rating

AA- (SO)

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE241Z07016 issued by Suhani Trading And Investment Consultants Pvt Ltd

The instrument name of INE241Z07016 ISIN is SUHANI TRADING AND INVESTMENT CONSULTANTS PVT LTD 10.25 NCD 28JN21 FVRS10LAC.
The interest earned from INE241Z07016 bond issued by Suhani Trading And Investment Consultants Pvt Ltd is paid Annually, ensuring regular and consistent income for investors.
This INE241Z07016 bond issued by Suhani Trading And Investment Consultants Pvt Ltd has been assigned a credit rating of AA- (SO) by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 10.25%, which determines the periodic interest payments made to bondholders.
The INE241Z07016 Debenture is issued by Suhani Trading And Investment Consultants Pvt Ltd, a Private Sector company.
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