Bond Directory / WISEMORE ADVISORY PRIVATE LIMITED

WISEMORE ADVISORY PRIVATE LIMITED

ACTIVE

RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SEREIS I. DATE OF MATURITY 30/01/2022

ISIN

INE714W07019

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Essentials

Coupon Rate (Returns)

FOR THE PERIOD BETWEEN THE DEEMED DATE OF ALLOTMENT AND THE DATE FALLING ON THE EXPIRY OF 2 YEARS FROM THE DEEMED DATE OF ALLOTMENT 16.06% CALCULATED ON AN IRR BASIS..CONTACT ISSUER FOR FURTHER DETAILS

Rating

BB(CE)  CARE Ratings Limited

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

-3 years -5 months

Jan 29, 2022

Face Value

₹10,000

Coupon Type

Compounding

IRR BASIS

Can be returned to Issuer?

Yes - Put Available

Put option exercised at

At Par

Issue Details

Issue Size

278 Crores

Issue Price

₹10,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

Axis Trustee Services Limited

Issue

Private Placement

Issuer Details

WISEMORE ADVISORY PRIVATE LIMITED

Business Sector

Utilities

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -CARE Ratings Limited

Issue Size

Large

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

Factors

Issue Size

Large

Rating Category*

BB

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

*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(CE)

(Oct 06, 2019)

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

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

Not Applicable

Not Applicable

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)

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How do I buy this bond?

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