7.11% Ntpc Limited - AAA Rated (INE733E07JR2)

Ntpc Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE733E07JR2, with a face value of ₹1,000 rs on 05Oct15 to raise 108.3767 crores. The debt instrument is issued with a coupon rate of 7.11% 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 7.11% SECURED REDEEMABLE NON CONVERTIBLE TAX FREE BONDS IN THE NATURE OF DEBENTURES. SERIES 1A. DATE OF MATURITY 05/10/2025. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 08Oct15 & on NSE stock exchange on 08Oct15. CRISIL RATINGS LIMITED has given AAA rating to this Bond on 01Sep15. This issuer is formerly known as NATIONAL THERMAL POWER CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.