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Instrument Details

ISIN: INE200W08058

Face value

₹10

Coupon rate

14.10%

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

10

Instrument Type

Debenture

Returns

High

Date of Issue

30 Jan 2019

Maturity Date

31 Jan 2025

Perpetual

Yes

Listing Status

Listed

Rating status

BBB+ (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Subordinate Tier 2

Guarantee Type

Non Convertible

About this Bond

VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-1000000 14.10 NCD 31JN25 FVRS10
Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W08058, with a face value of ₹10 rs on 30Jan19 to raise 10 crores. The debt instrument is issued with a coupon rate of 14.10% and its interest is paid Monthly. 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 14.10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES KCL. DATE OF MATURITY  31/01/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 18Feb19. CARE RATINGS LIMITED has given BBB+ rating to this Debenture on 30Jan19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
BBB
Moderately Safe
BBB+
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Date Verified
12 Nov 2024
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Outlook
Negative
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Seniority in Repayment
Subordinate Tier 2
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10
Lot Size
100
Minimum Investment
₹1,000

Cashflow

₹1,000
30-Jan-19 : Your investment
₹11
02-Mar-19 : Interest
₹11
02-Apr-19 : Interest
₹11
02-May-19 : Interest
₹11
02-Jun-19 : Interest
₹11
02-Jul-19 : Interest
₹11
02-Aug-19 : Interest
₹11
02-Sep-19 : Interest
₹11
02-Oct-19 : Interest
₹11
02-Nov-19 : Interest
₹11
02-Dec-19 : Interest
₹11
02-Jan-20 : Interest
₹11
02-Feb-20 : Interest
₹11
02-Mar-20 : Interest
₹11
02-Apr-20 : Interest
₹11
02-May-20 : Interest
₹11
02-Jun-20 : Interest
₹11
02-Jul-20 : Interest
₹11
02-Aug-20 : Interest
₹11
02-Sep-20 : Interest
₹11
02-Oct-20 : Interest
₹11
02-Nov-20 : Interest
₹11
02-Dec-20 : Interest
₹11
02-Jan-21 : Interest
₹11
02-Feb-21 : Interest
₹11
02-Mar-21 : Interest
₹11
02-Apr-21 : Interest
₹11
02-May-21 : Interest
₹11
02-Jun-21 : Interest
₹11
02-Jul-21 : Interest
₹11
02-Aug-21 : Interest
₹11
02-Sep-21 : Interest
₹11
02-Oct-21 : Interest
₹11
02-Nov-21 : Interest
₹11
02-Dec-21 : Interest
₹11
02-Jan-22 : Interest
₹11
02-Feb-22 : Interest
₹11
02-Mar-22 : Interest
₹11
02-Apr-22 : Interest
₹11
02-May-22 : Interest
₹11
02-Jun-22 : Interest
₹11
02-Jul-22 : Interest
₹11
02-Aug-22 : Interest
₹11
02-Sep-22 : Interest
₹11
02-Oct-22 : Interest
₹11
02-Nov-22 : Interest
₹11
02-Dec-22 : Interest
₹11
02-Jan-23 : Interest
₹11
02-Feb-23 : Interest
₹11
02-Mar-23 : Interest
₹11
02-Apr-23 : Interest
₹11
02-May-23 : Interest
₹11
02-Jun-23 : Interest
₹11
02-Jul-23 : Interest
₹11
02-Aug-23 : Interest
₹11
02-Sep-23 : Interest
₹11
02-Oct-23 : Interest
₹11
02-Nov-23 : Interest
₹11
02-Dec-23 : Interest
₹11
02-Jan-24 : Interest
₹11
02-Feb-24 : Interest
₹11
02-Mar-24 : Interest
₹11
02-Apr-24 : Interest
₹11
02-May-24 : Interest
₹11
02-Jun-24 : Interest
₹11
02-Jul-24 : Interest
₹11
02-Aug-24 : Interest
₹11
02-Sep-24 : Interest
₹11
02-Oct-24 : Interest
₹11
02-Nov-24 : Interest
₹11
02-Dec-24 : Interest
₹11
02-Jan-25 : Interest
₹2
31-Jan-25 : Interest
₹2
31-Jan-25 : Interest
₹1,838
31-Jan-25 : Maturity amount (Investment: ₹1,000, Interest earned: ₹838)

Summary

Instrument Attributes

Value

Coupon Rate

14.10%

Returns

High

Bond Rating

BBB+

Seniority in Repayment

Subordinate Tier 2

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE200W08058 issued by Visage Holdings And Finance Private Limited

The instrument name of INE200W08058 ISIN is VISAGE HOLDINGS AND FINANCE PRIVATE LIMITED SR 1-1000000 14.10 NCD 31JN25 FVRS10.
The interest earned from INE200W08058 bond issued by Visage Holdings And Finance Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE200W08058 bond issued by Visage Holdings And Finance Private Limited has been assigned a credit rating of BBB+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14.1%, which determines the periodic interest payments made to bondholders.
The INE200W08058 Debenture is issued by Visage Holdings And Finance Private Limited, a Private Sector company.
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