8.92% Nhpc Limited - AAA Rated (INE848E07567)

Nhpc Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE848E07567, with a face value of ₹1,000 rs on 02Nov13 to raise 253.6237 crores. The debt instrument is issued with a coupon rate of 8.92% and its interest is paid Annually. The returns are Tax-Free Under Section 10(15)(iv)(h). As per the filings, the long description of this Secured Bond is 8.92% SECURED REDEEMABLE NON-CONVERTIBLE TAX FREE BONDS. SERIES 3B. LETTER OF ALLOTMENT. DATE OF MATURITY 02/11/2033. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 07Nov13 & on BSE stock exchange on 07Nov13. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 23Sep13. This issuer is formerly known as NATIONAL HYDROELEC. POWER COR LTD Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.