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7.95% L&t Infra Credit Limited - AAA Rated (INE235P07AI2)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE235P07AI2
Face value
₹2,00,000
Coupon rate
7.95%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
10
Instrument Type
Debenture
Returns
Medium
Date of Issue
25 Nov 2020
Maturity Date
25 Nov 2032
Perpetual
Yes
Listing Status
Unlisted
Rating status
AAA (CRISIL Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
L&T INFRA CREDIT LIMITED SR D FY20-21 STRPP2 7.95 NCD 25NV32 FVRS2LAC
L&t Infra Credit Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE235P07AI2, with a face value of ₹2,00,000 rs on 25Nov20 to raise 10 crores. The debt instrument
is issued with a coupon rate of 7.95% and its interest is paid
Annually. 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
Debenture is 7.95% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES D OF FY 2020-21-STRPPs 2. DATE OF MATURITY 25/11/2032. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 27Oct20. This issuer is formerly known as L&T INFRA DEBT FUND LIMITED Neither the Principal nor the Interest is covered for this Debenture. 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
₹2,00,000
Lot Size
100
Minimum Investment
₹2,00,00,000
Cashflow
₹2,00,00,000
25-Nov-20 : Your investment
₹15,90,000
25-Nov-21 : Interest
₹15,90,000
25-Nov-22 : Interest
₹15,90,000
25-Nov-23 : Interest
₹15,90,000
25-Nov-24 : Interest
₹15,90,000
25-Nov-25 : Interest
₹15,90,000
25-Nov-26 : Interest
₹15,90,000
25-Nov-27 : Interest
₹15,90,000
25-Nov-28 : Interest
₹15,90,000
25-Nov-29 : Interest
₹15,90,000
25-Nov-30 : Interest
₹15,90,000
25-Nov-31 : Interest
₹15,90,000
25-Nov-32 : Interest
₹3,90,80,000
25-Nov-32 : Maturity amount (Investment: ₹2,00,00,000, Interest earned: ₹1,90,80,000)
Summary
Instrument Attributes
Value
Coupon Rate
7.95%
Returns
Medium
Bond Rating
AAA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
HEAD OFFICE
Mumbai
SECTOR
Financial Services
ISSUER OWNERSHIP
Private Sector
Other Bonds of L&t Infra Credit Limited
FAQs about INE235P07AI2 issued by L&t Infra Credit Limited
What is the instrument name of INE235P07AI2 ISIN?
The instrument name of INE235P07AI2 ISIN is L&T INFRA CREDIT LIMITED SR D FY20-21 STRPP2 7.95 NCD 25NV32 FVRS2LAC.
How frequently is the interest paid on INE235P07AI2 bond issued by L&t Infra Credit Limited?
The interest earned from INE235P07AI2 bond issued by L&t Infra Credit Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE235P07AI2 bond issued by L&t Infra Credit Limited?
This INE235P07AI2 bond issued by L&t Infra Credit Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE235P07AI2 bond issued by L&t Infra Credit Limited?
This Debenture offers a coupon rate of 7.95%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE235P07AI2 Debenture?
The INE235P07AI2 Debenture is issued by L&t Infra Credit 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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