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6.78% Virescent Renewable Energy Trust - AAA Rated (INE0GYU07012)
In-activePrivate SectorSecured
Instrument Details
ISIN: INE0GYU07012
Face value
₹9,46,000
Coupon rate
6.78%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
300
Instrument Type
Debenture
Returns
Medium
Date of Issue
15 Nov 2021
Maturity Date
15 Nov 2024
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
VIRESCENT RENEWABLE ENERGY TRUST SR A 6.78 NCD 15NV24 FVRS946000
Virescent Renewable Energy Trust, a Power - Transmission company, has floated Debenture,
having ISIN value as INE0GYU07012, with a face value of ₹9,46,000 rs on 15Nov21 to raise 300 crores. The debt instrument
is issued with a coupon rate of 6.78% and its interest is paid
Quarterly. 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 6.78% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.SERIES A.DATE OF MATURITY 15/11/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Debenture is listed on BSE stock
exchange on 17Nov21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Debenture on 29Oct21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹9,46,000
Lot Size
100
Minimum Investment
₹9,46,00,000
Cashflow
₹9,46,00,000
15-Nov-21 : Your investment
₹16,03,470
15-Feb-22 : Interest
₹16,03,470
15-May-22 : Interest
₹16,03,470
15-Aug-22 : Interest
₹16,03,470
15-Nov-22 : Interest
₹16,03,470
15-Feb-23 : Interest
₹16,03,470
15-May-23 : Interest
₹16,03,470
15-Aug-23 : Interest
₹16,03,470
15-Nov-23 : Interest
₹16,03,470
15-Feb-24 : Interest
₹16,03,470
15-May-24 : Interest
₹16,03,470
15-Aug-24 : Interest
₹16,03,470
15-Nov-24 : Interest
₹11,38,41,640
15-Nov-24 : Maturity amount (Investment: ₹9,46,00,000, Interest earned: ₹1,92,41,640)
Summary
Instrument Attributes
Value
Coupon Rate
6.78%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Power - Transmission
HEAD OFFICE
Mumbai
SECTOR
Power
ISSUER OWNERSHIP
Private Sector
Other Bonds of Virescent Renewable Energy Trust
FAQs about INE0GYU07012 issued by Virescent Renewable Energy Trust
What is the instrument name of INE0GYU07012 ISIN?
The instrument name of INE0GYU07012 ISIN is VIRESCENT RENEWABLE ENERGY TRUST SR A 6.78 NCD 15NV24 FVRS946000.
How frequently is the interest paid on INE0GYU07012 bond issued by Virescent Renewable Energy Trust?
The interest earned from INE0GYU07012 bond issued by Virescent Renewable Energy Trust is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE0GYU07012 bond issued by Virescent Renewable Energy Trust?
This INE0GYU07012 bond issued by Virescent Renewable Energy Trust has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE0GYU07012 bond issued by Virescent Renewable Energy Trust?
This Debenture offers a coupon rate of 6.78%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE0GYU07012 Debenture?
The INE0GYU07012 Debenture is issued by Virescent Renewable Energy Trust, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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