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Instrument Details

ISIN: INE502K07104

Face value

₹10,00,000

Coupon rate

9.60%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

25

Instrument Type

Debenture

Returns

High

Date of Issue

03 Jan 2017

Maturity Date

01 Mar 2023

Perpetual

Yes

Listing Status

Listed

Rating status

D (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

TALWALKARS LIFESTYLES LIMITED 9.6 LOA 03JN23 FVRS10LAC
Talwalkars Lifestyles Limited, a Utilities company, has floated Debenture, having ISIN value as INE502K07104, with a face value of ₹10,00,000 rs on 03Jan17 to raise 25 crores. The debt instrument is issued with a coupon rate of 9.60% 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 9.6% SECURED TAXABLE REDEEMABLE NON-CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 03/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 13Jan17. CARE Ratings Limited has given D rating to this Debenture on 25Apr14. This issuer is formerly known as TALWALKARS BETTER VALUE FITNESS 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
24 May 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
03-Jan-17 : Your investment
₹96,00,000
03-Jan-18 : Interest
₹96,00,000
03-Jan-19 : Interest
₹96,00,000
03-Jan-20 : Interest
₹96,00,000
03-Jan-21 : Interest
₹96,00,000
03-Jan-22 : Interest
₹96,00,000
03-Jan-23 : Interest
₹15,76,00,000
01-Mar-23 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹5,76,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

9.60%

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
Mumbai
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE502K07104 issued by Talwalkars Lifestyles Limited

The instrument name of INE502K07104 ISIN is TALWALKARS LIFESTYLES LIMITED 9.6 LOA 03JN23 FVRS10LAC.
The interest earned from INE502K07104 bond issued by Talwalkars Lifestyles Limited is paid Annually, ensuring regular and consistent income for investors.
This INE502K07104 bond issued by Talwalkars Lifestyles Limited has been assigned a credit rating of D by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 9.6%, which determines the periodic interest payments made to bondholders.
The INE502K07104 Debenture is issued by Talwalkars Lifestyles Limited, a Private Sector company.
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