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9.75% North Bihar Highway Limited - A Rated (INE280M07012)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE280M07012
Face value
₹1,00,000
Coupon rate
9.75%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
200
Instrument Type
Debenture
Returns
High
Date of Issue
28 Jun 2016
Maturity Date
18 Jun 2029
Perpetual
Yes
Listing Status
Unlisted
Rating status
A- (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
-
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
NORTH BIHAR HIGHWAY LIMITED SR-I 9.75 NCD 18JU29 FVRS1LAC
North Bihar Highway Limited, a Industrial company, has floated Debenture,
having ISIN value as INE280M07012, with a face value of ₹1,00,000 rs on 28Jun16 to raise 200 crores. The debt instrument
is issued with a coupon rate of 9.75% and its interest is paid
Semi 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 9.75% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 18/06/2029. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given A- rating to
this Debenture on 28Jun16. 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
₹1,00,000
Lot Size
100
Minimum Investment
₹1,00,00,000
Cashflow
₹1,00,00,000
28-Jun-16 : Your investment
₹4,87,500
28-Dec-16 : Interest
₹4,87,500
28-Jun-17 : Interest
₹4,87,500
28-Dec-17 : Interest
₹4,87,500
28-Jun-18 : Interest
₹4,87,500
28-Dec-18 : Interest
₹4,87,500
28-Jun-19 : Interest
₹4,87,500
28-Dec-19 : Interest
₹4,87,500
28-Jun-20 : Interest
₹4,87,500
28-Dec-20 : Interest
₹4,87,500
28-Jun-21 : Interest
₹4,87,500
28-Dec-21 : Interest
₹4,87,500
28-Jun-22 : Interest
₹4,87,500
28-Dec-22 : Interest
₹4,87,500
28-Jun-23 : Interest
₹4,87,500
28-Dec-23 : Interest
₹4,87,500
28-Jun-24 : Interest
₹4,87,500
28-Dec-24 : Interest
₹4,87,500
28-Jun-25 : Interest
₹4,87,500
28-Dec-25 : Interest
₹4,87,500
28-Jun-26 : Interest
₹4,87,500
28-Dec-26 : Interest
₹4,87,500
28-Jun-27 : Interest
₹4,87,500
28-Dec-27 : Interest
₹4,87,500
28-Jun-28 : Interest
₹4,87,500
28-Dec-28 : Interest
₹4,00,833
18-Jun-29 : Interest
₹2,25,88,333
18-Jun-29 : Maturity amount (Investment: ₹1,00,00,000, Interest earned: ₹1,25,88,333)
Summary
Instrument Attributes
Value
Coupon Rate
9.75%
Returns
High
Bond Rating
A-
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Industrial
HEAD OFFICE
Gurgaon
SECTOR
-
ISSUER OWNERSHIP
Private Sector
FAQs about INE280M07012 issued by North Bihar Highway Limited
What is the instrument name of INE280M07012 ISIN?
The instrument name of INE280M07012 ISIN is NORTH BIHAR HIGHWAY LIMITED SR-I 9.75 NCD 18JU29 FVRS1LAC.
How frequently is the interest paid on INE280M07012 bond issued by North Bihar Highway Limited?
The interest earned from INE280M07012 bond issued by North Bihar Highway Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE280M07012 bond issued by North Bihar Highway Limited?
This INE280M07012 bond issued by North Bihar Highway Limited has been assigned a credit rating of A- by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE280M07012 bond issued by North Bihar Highway Limited?
This Debenture offers a coupon rate of 9.75%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE280M07012 Debenture?
The INE280M07012 Debenture is issued by North Bihar Highway 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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