Bond Directory / CORRTECH INTERNATIONAL LIMITED

CORRTECH INTERNATIONAL LIMITED

DELETED

14.50% SECURED UNRATED UNLISTED NON CONVERTINLE DEBENTURE.DATE OF MATURITY 02/04/2025

ISIN

INE646J07036

Copied

Essentials

Coupon Rate (Returns)

14.5%

Rating

-

Interest Payment Frequency

QUARTERLY

Four Times A Year

Maturity after

-5 months

Apr 16, 2024

Face Value

₹83,33,333

Coupon Type

Compounding

MONTHLY

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

75 Crores

Issue Price

₹98,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

Vistra ITCL (India) Limited

Issue

Private Placement (non-EBP)

Issuer Details

CORRTECH INTERNATIONAL LIMITED

Business Sector

223

Issuer Nature type

-

Issuer Ownership

-

Factors

Issue Size

Large

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Compounding

Factors

Issue Size

Large

Tax Saving

No

Mode of Issuance

Private Placement (non-EBP)

Coupon Type

Compounding

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

None

(-)

-

Credit Outlook

-

-

Rating Watch

-

-

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

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

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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