Trading Members of the Exchange are hereby informed that with effect from Monday, January 21, 2019, the under mentioned new securities issued by Suksha Developers Private Limited on private placement basis shall be listed and admitted to dealings on the Exchange in the list of F GROUP - DEBT INSTRUMENTS
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1) Securities Description
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Secured Listed Rated Redeemable Non- Convertible Debentures (Series A) issued on private placement basis of Rs.1,00,000/- each.
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Quantity
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3,000
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Market Lot
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10
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Scrip Code
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958524
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Scrip ID on the Bolt System
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0SDPL21
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Detail Name on the Bolt System
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SDPL-ZC-31-3-21-PVT
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ISIN Number
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INE02AA07046
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Credit Rating
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BWR BB+
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Face Value
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Rs.1,00,000/-
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Paid up Value
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Rs.1,00,000/-
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Rate of Interest
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Zero Coupon
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Date(s) of Payment of Interest
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NA
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Actual/Deemed Date of allotment
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11/09/2018
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Date of Redemption
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31/03/2021
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Redemption Premium
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A redemption premium shall be payable to the Debenture Holders on the Debentures being redeemed and / or prepaid in terms of the Debenture Trust Deed, which shall be such amounts so as to give the Debenture Holders:
(i) an IRR of 23% (Twenty Three Percent) on the Principal Amount of the Debentures being redeemed, in the event average sale price of units of the Project exceeds Rs. 10,000/- (Rupees Ten Thousand only) per square feet;
(ii) an IRR of 16% (Sixteen Percent) on the Principal Amount of the Debentures being redeemed, in the event the highest sale price of units of the Project is less than Rs. 1,250/- (Rupees One Thousand Two Hundred and Fifty only) per square feet;
(iii) an IRR of 19% (Nineteen Percent) on the Principal Amount of the Debentures being redeemed, in the event of unavailability of data in relation to sale price of units or in any other case;
Which IRR shall be calculated using the XIRR function available on Microsoft Excel. For abundant caution, it is hereby clarified that any amounts paid to the Debenture Holders as Default Interest shall not be taken into consideration while calculating the Redemption Premium amount
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Put / Call option
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Put Option: From 31.12.2019, the debenture holders shall have right (‘Put Option’) but not an obligation to sell the debentures aggregating to a maximum cumulative percentage specified in Annexure I hereto, for the related put option date(s) and cause the option providers to purchase such debentures, on such put option date.
Call Option: From 31.12.2019, the promoters of shall have a right (‘Call Option’) but not an obligation to purchase all the outstanding debentures from the Debenture holders.
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2) Securities Description
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Secured Listed Rated Redeemable Non- Convertible Debentures (Series B) issued on private placement basis of Rs.1,00,000/- each.
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Quantity
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2,500
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Market Lot
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10
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Scrip Code
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958525
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Scrip ID on the Bolt System
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0SDPL22
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Detail Name on the Bolt System
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SDPL-ZC-31-3-22-PVT
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ISIN Number
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INE02AA07020
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Credit Rating
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BWR BB+
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Face Value
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Rs.1,00,000/-
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Paid up Value
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Rs.1,00,000/-
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|
Rate of Interest
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Zero Coupon
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|
Date(s) of Payment of Interest
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NA
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Actual/Deemed Date of allotment
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11/09/2018
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|
Date of Redemption
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31/03/2022
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|
Redemption Premium
|
A redemption premium shall be payable to the Debenture Holders on the Debentures being redeemed and / or prepaid in terms of the Debenture Trust Deed, which shall be such amounts so as to give the Debenture Holders:
(iv) an IRR of 23% (Twenty Three Percent) on the Principal Amount of the Debentures being redeemed, in the event average sale price of units of the Project exceeds Rs. 10,000/- (Rupees Ten Thousand only) per square feet;
(v) an IRR of 16% (Sixteen Percent) on the Principal Amount of the Debentures being redeemed, in the event the highest sale price of units of the Project is less than Rs. 1,250/- (Rupees One Thousand Two Hundred and Fifty only) per square feet;
(vi) an IRR of 19% (Nineteen Percent) on the Principal Amount of the Debentures being redeemed, in the event of unavailability of data in relation to sale price of units or in any other case;
Which IRR shall be calculated using the XIRR function available on Microsoft Excel. For abundant caution, it is hereby clarified that any amounts paid to the Debenture Holders as Default Interest shall not be taken into consideration while calculating the Redemption Premium amount
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|
Put / Call option
|
Put Option: From 30.06.2021, the debenture holders shall have right (‘Put Option’) but not an obligation to sell the debentures aggregating to a maximum cumulative percentage specified in Annexure I hereto, for the related put option date(s) and cause the option providers to purchase such debentures, on such put option date.
Call Option: From 31.06.2021, the promoters of shall have a right (‘Call Option’) but not an obligation to purchase all the outstanding debentures from the Debenture holders.
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3) Securities Description
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Secured Listed Rated Redeemable Non- Convertible Debentures (Series C) issued on private placement basis of Rs.1,00,000/- each.
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Quantity
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3,000
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Market Lot
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10
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Scrip Code
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958526
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Scrip ID on the Bolt System
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0SDPL22A
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Detail Name on the Bolt System
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SDPL-ZC-30-9-22-PVT
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ISIN Number
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INE02AA07038
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Credit Rating
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BWR BB+
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Face Value
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Rs.1,00,000/-
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Paid up Value
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Rs.1,00,000/-
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|
Rate of Interest
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Zero Coupon
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|
Date(s) of Payment of Interest
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NA
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Actual/Deemed Date of allotment
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11/09/2018
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|
Date of Redemption
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30/09/2022
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Redemption Premium
|
A redemption premium shall be payable to the Debenture Holders on the Debentures being redeemed and / or prepaid in terms of the Debenture Trust Deed, which shall be such amounts so as to give the Debenture Holders:
(vii) an IRR of 23% (Twenty Three Percent) on the Principal Amount of the Debentures being redeemed, in the event average sale price of units of the Project exceeds Rs. 10,000/- (Rupees Ten Thousand only) per square feet;
(viii) an IRR of 16% (Sixteen Percent) on the Principal Amount of the Debentures being redeemed, in the event the highest sale price of units of the Project is less than Rs. 1,250/- (Rupees One Thousand Two Hundred and Fifty only) per square feet;
(ix) an IRR of 19% (Nineteen Percent) on the Principal Amount of the Debentures being redeemed, in the event of unavailability of data in relation to sale price of units or in any other case;
Which IRR shall be calculated using the XIRR function available on Microsoft Excel. For abundant caution, it is hereby clarified that any amounts paid to the Debenture Holders as Default Interest shall not be taken into consideration while calculating the Redemption Premium amount
|
|
Put / Call option
|
Put Option: From 30.06.2022, the debenture holders shall have right (‘Put Option’) but not an obligation to sell the debentures aggregating to a maximum cumulative percentage specified in Annexure I hereto, for the related put option date(s) and cause the option providers to purchase such debentures, on such put option date.
Call Option: From 30.06.2022, the promoters of shall have a right (‘Call Option’) but not an obligation to purchase all the outstanding debentures from the Debenture holders.
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4) Securities Description
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Secured Listed Rated Redeemable Non- Convertible Debentures (Series D) issued on private placement basis of Rs.1,00,000/- each.
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Quantity
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2,500
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Market Lot
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10
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Scrip Code
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958527
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Scrip ID on the Bolt System
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0SDPL23
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Detail Name on the Bolt System
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SDPL-ZC-31-3-23-PVT
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ISIN Number
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INE02AA07012
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Credit Rating
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BWR BB+
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Face Value
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Rs.1,00,000/-
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|
Paid up Value
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Rs.1,00,000/-
|
|
Rate of Interest
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Zero Coupon
|
|
Date(s) of Payment of Interest
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NA
|
|
Actual/Deemed Date of allotment
|
11/09/2018
|
|
Date of Redemption
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31/03/2023
|
|
Redemption Premium
|
A redemption premium shall be payable to the Debenture Holders on the Debentures being redeemed and / or prepaid in terms of the Debenture Trust Deed, which shall be such amounts so as to give the Debenture Holders:
(x) an IRR of 23% (Twenty Three Percent) on the Principal Amount of the Debentures being redeemed, in the event average sale price of units of the Project exceeds Rs. 10,000/- (Rupees Ten Thousand only) per square feet;
(xi) an IRR of 16% (Sixteen Percent) on the Principal Amount of the Debentures being redeemed, in the event the highest sale price of units of the Project is less than Rs. 1,250/- (Rupees One Thousand Two Hundred and Fifty only) per square feet;
(xii) an IRR of 19% (Nineteen Percent) on the Principal Amount of the Debentures being redeemed, in the event of unavailability of data in relation to sale price of units or in any other case;
Which IRR shall be calculated using the XIRR function available on Microsoft Excel. For abundant caution, it is hereby clarified that any amounts paid to the Debenture Holders as Default Interest shall not be taken into consideration while calculating the Redemption Premium amount
|
|
Put / Call option
|
Put Option: From 31.12.2022, the debenture holders shall have right (‘Put Option’) but not an obligation to sell the debentures aggregating to a maximum cumulative percentage specified in Annexure I hereto, for the related put option date(s) and cause the option providers to purchase such debentures, on such put option date.
Call Option: From 31.12.2022, the promoters of shall have a right (‘Call Option’) but not an obligation to purchase all the outstanding debentures from the Debenture holders.
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The trading members may also note as under:
a) The aforesaid securities of the company will be traded only in dematerialised form under the ISIN Number as mentioned above.
b) The trading shall take place in standard denomination of Rs.10 Lakhs
c) The tick size for the securities is 1 paise
The Registrars and transfer agent is:
Skyline Financial Services Pvt. Ltd.
D-153A, First Floor Okhla Industrial Area,
Phase-I, New Delhi-110020
In case the trading members require any clarification, they may please contact Ms. Rupal Khandelwal on 22728352/8597/8995.
Bhushan Mokashi
Additional General Manager
January 18, 2019 |