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6.81% Da Toll Road Private Limited - AAA Rated (INE424M07016)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE424M07016
Face value
₹10,00,000
Coupon rate
6.81%
Payment
Quarterly
Tax Type
Taxable
Issue Size (Cr)
760
Instrument Type
Bond
Returns
Medium
Date of Issue
30 Mar 2022
Maturity Date
31 Mar 2035
Perpetual
Yes
Listing Status
Listed
Rating status
AAA (INDIA Ratings)
Call Option
Available
Put Option
Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
DA TOLL ROAD PRIVATE LIMITED SR A 6.8139 NCD 31MR35 FVRS10LAC
Da Toll Road Private Limited, a Utilities company, has floated Bond,
having ISIN value as INE424M07016, with a face value of ₹10,00,000 rs on 30Mar22 to raise 760 crores. The debt instrument
is issued with a coupon rate of 6.81% and its interest is paid
Quarterly. 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 Secured
Bond is 6.8139% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES A. DATE OF MATURITY 31/03/2035.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is listed on BSE stock
exchange on 01Apr22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to
this Bond on 28Mar22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.
Rating (Debt Quality)
Investment Calculation (Pre-Tax)
Below is an indicative cash-flow on investment, actual cash-flow may differ.
Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
30-Mar-22 : Your investment
₹17,02,500
30-Jun-22 : Interest
₹17,02,500
30-Sep-22 : Interest
₹17,02,500
30-Dec-22 : Interest
₹17,02,500
30-Mar-23 : Interest
₹17,02,500
30-Jun-23 : Interest
₹17,02,500
30-Sep-23 : Interest
₹17,02,500
30-Dec-23 : Interest
₹17,02,500
30-Mar-24 : Interest
₹17,02,500
30-Jun-24 : Interest
₹17,02,500
30-Sep-24 : Interest
₹17,02,500
30-Dec-24 : Interest
₹17,02,500
30-Mar-25 : Interest
₹17,02,500
30-Jun-25 : Interest
₹17,02,500
30-Sep-25 : Interest
₹17,02,500
30-Dec-25 : Interest
₹17,02,500
30-Mar-26 : Interest
₹17,02,500
30-Jun-26 : Interest
₹17,02,500
30-Sep-26 : Interest
₹17,02,500
30-Dec-26 : Interest
₹17,02,500
30-Mar-27 : Interest
₹17,02,500
30-Jun-27 : Interest
₹17,02,500
30-Sep-27 : Interest
₹17,02,500
30-Dec-27 : Interest
₹17,02,500
30-Mar-28 : Interest
₹17,02,500
30-Jun-28 : Interest
₹17,02,500
30-Sep-28 : Interest
₹17,02,500
30-Dec-28 : Interest
₹17,02,500
30-Mar-29 : Interest
₹17,02,500
30-Jun-29 : Interest
₹17,02,500
30-Sep-29 : Interest
₹17,02,500
30-Dec-29 : Interest
₹17,02,500
30-Mar-30 : Interest
₹17,02,500
30-Jun-30 : Interest
₹17,02,500
30-Sep-30 : Interest
₹17,02,500
30-Dec-30 : Interest
₹17,02,500
30-Mar-31 : Interest
₹17,02,500
30-Jun-31 : Interest
₹17,02,500
30-Sep-31 : Interest
₹17,02,500
30-Dec-31 : Interest
₹17,02,500
30-Mar-32 : Interest
₹17,02,500
30-Jun-32 : Interest
₹17,02,500
30-Sep-32 : Interest
₹17,02,500
30-Dec-32 : Interest
₹17,02,500
30-Mar-33 : Interest
₹17,02,500
30-Jun-33 : Interest
₹17,02,500
30-Sep-33 : Interest
₹17,02,500
30-Dec-33 : Interest
₹17,02,500
30-Mar-34 : Interest
₹17,02,500
30-Jun-34 : Interest
₹17,02,500
30-Sep-34 : Interest
₹17,02,500
30-Dec-34 : Interest
₹17,02,500
30-Mar-35 : Interest
₹28,375
31-Mar-35 : Interest
₹18,85,58,375
31-Mar-35 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,85,58,375)
Summary
Instrument Attributes
Value
Coupon Rate
6.81%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Utilities
HEAD OFFICE
Mumbai
SECTOR
-
ISSUER OWNERSHIP
Private Sector
Other Bonds of Da Toll Road Private Limited
FAQs about INE424M07016 issued by Da Toll Road Private Limited
What is the instrument name of INE424M07016 ISIN?
The instrument name of INE424M07016 ISIN is DA TOLL ROAD PRIVATE LIMITED SR A 6.8139 NCD 31MR35 FVRS10LAC.
How frequently is the interest paid on INE424M07016 bond issued by Da Toll Road Private Limited?
The interest earned from INE424M07016 bond issued by Da Toll Road Private Limited is paid Quarterly, ensuring regular and consistent income for investors.
What is the credit rating of the INE424M07016 bond issued by Da Toll Road Private Limited?
This INE424M07016 bond issued by Da Toll Road Private Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE424M07016 bond issued by Da Toll Road Private Limited?
This Bond offers a coupon rate of 6.81%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE424M07016 Bond?
The INE424M07016 Bond is issued by Da Toll Road Private Limited, a Private Sector company.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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