The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
6.90% The Ramco Cements Limited - AA Rated (INE331A07265)
ActivePrivate SectorSecured
Instrument Details
ISIN: INE331A07265
Face value
₹10,00,000
Coupon rate
6.90%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
150
Instrument Type
Debenture
Returns
Medium
Date of Issue
24 Mar 2022
Maturity Date
24 Dec 2026
Perpetual
Yes
Listing Status
Listed
Rating status
AA+ (ICRA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
Senior
Guarantee Type
Non Convertible
About this Bond
THE RAMCO CEMENTS LIMITED SR G 6.90 NCD 24DC26 FVRS10LAC
The Ramco Cements Limited, a Cement & Cement Products company, has floated Debenture,
having ISIN value as INE331A07265, with a face value of ₹10,00,000 rs on 24Mar22 to raise 150 crores. The debt instrument
is issued with a coupon rate of 6.90% 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 6.90% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES G. DATE OF MATURITY 24/12/2026.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 28Mar22. ICRA LIMITED has given AA+ rating to
this Debenture on 29Dec23. This issuer is formerly known as MADRAS CEMENTS 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
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000
Cashflow
₹10,00,00,000
24-Mar-22 : Your investment
₹69,00,000
24-Mar-23 : Interest
₹69,00,000
24-Mar-24 : Interest
₹69,00,000
24-Mar-25 : Interest
₹69,00,000
24-Mar-26 : Interest
₹52,17,534
24-Dec-26 : Interest
₹13,28,17,534
24-Dec-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,28,17,534)
Summary
Instrument Attributes
Value
Coupon Rate
6.90%
Returns
Medium
Bond Rating
AA+
Seniority in Repayment
Senior
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Cement & Cement Products
HEAD OFFICE
Rajapalayam
SECTOR
Construction Materials
ISSUER OWNERSHIP
Private Sector
Other Bonds of The Ramco Cements Limited
FAQs about INE331A07265 issued by The Ramco Cements Limited
What is the instrument name of INE331A07265 ISIN?
The instrument name of INE331A07265 ISIN is THE RAMCO CEMENTS LIMITED SR G 6.90 NCD 24DC26 FVRS10LAC.
How frequently is the interest paid on INE331A07265 bond issued by The Ramco Cements Limited?
The interest earned from INE331A07265 bond issued by The Ramco Cements Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE331A07265 bond issued by The Ramco Cements Limited?
This INE331A07265 bond issued by The Ramco Cements Limited has been assigned a credit rating of AA+ by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE331A07265 bond issued by The Ramco Cements Limited?
This Debenture offers a coupon rate of 6.9%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE331A07265 Debenture?
The INE331A07265 Debenture is issued by The Ramco Cements Limited, a Private Sector company.
Popular Collection Pages
Popular Issuers
©2021-2022 Dezerv. All Rights Reserved
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.
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.
Invest in safer portfolio without compromising returns.
