Bond Directory / WOCKHARDT LIMITED

WOCKHARDT LIMITED

ACTIVE

11% SECURED RATED UNLISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT. DATE OF MATURITY 21/10/2024

ISIN

INE049B07071

Copied

Essentials

Coupon Rate (Returns)

11%

Rating

BB+  CARE RATINGS LIMITED

Interest Payment Frequency

QUARTERLY

Four Times A Year

Maturity after

4 months

Oct 21, 2024

Face Value

₹57,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call and Put

Put option exercised at

At Par

Issue Details

Issue Size

50 Crores

Issue Price

₹57,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Issue

Private Placement (non-EBP)

Issuer Details

WOCKHARDT LIMITED

Business Sector

12

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Large

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

BB+

(Aug 27, 2021)

Instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.

Credit Outlook

Negative

A Negative outlook indicates that the Rating may be lowered

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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