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Instrument Details

ISIN: INE378R07047

Face value

₹10,00,000

Coupon rate

8.50%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

503.3

Instrument Type

Bond

Returns

High

Date of Issue

30 Sep 2014

Maturity Date

31 Mar 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (ICRA Ratings)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

UNITED SEAMLESS TUBULAAR PRIVATE LIMITED SR-B 8.5 BD 31MR22 FVRS10LAC
United Seamless Tubulaar Private Limited, a Industrial company, has floated Bond, having ISIN value as INE378R07047, with a face value of ₹10,00,000 rs on 30Sep14 to raise 503.3 crores. The debt instrument is issued with a coupon rate of 8.50% 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 Bond is 8.50% SECURED NON CONVERTIBLE BONDS. SERIES B. DATE OF MATURITY 31/03/2022. 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. ICRA LIMITED has given WITHDRAWN rating to this Bond on 23Feb18. This issuer is formerly known as UNITED SEAMLESS TUBULAAR LIMITED Neither the Principal nor the Interest is covered for this Bond. 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
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
30-Sep-14 : Your investment
₹42,50,000
30-Mar-15 : Interest
₹42,50,000
30-Sep-15 : Interest
₹42,50,000
30-Mar-16 : Interest
₹42,50,000
30-Sep-16 : Interest
₹42,50,000
30-Mar-17 : Interest
₹42,50,000
30-Sep-17 : Interest
₹42,50,000
30-Mar-18 : Interest
₹42,50,000
30-Sep-18 : Interest
₹42,50,000
30-Mar-19 : Interest
₹42,50,000
30-Sep-19 : Interest
₹42,50,000
30-Mar-20 : Interest
₹42,50,000
30-Sep-20 : Interest
₹42,50,000
30-Mar-21 : Interest
₹42,50,000
30-Sep-21 : Interest
₹42,50,000
30-Mar-22 : Interest
₹16,37,50,000
31-Mar-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹6,37,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.50%

Returns

High

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

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

FAQs about INE378R07047 issued by United Seamless Tubulaar Private Limited

The instrument name of INE378R07047 ISIN is UNITED SEAMLESS TUBULAAR PRIVATE LIMITED SR-B 8.5 BD 31MR22 FVRS10LAC.
The interest earned from INE378R07047 bond issued by United Seamless Tubulaar Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE378R07047 bond issued by United Seamless Tubulaar Private Limited has been assigned a credit rating of WITHDRAWN by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.5%, which determines the periodic interest payments made to bondholders.
The INE378R07047 Bond is issued by United Seamless Tubulaar Private Limited, a Private Sector company.
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