The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities
7.99% The Tata Power Company Limited - AA Rated (INE245A08117)
In-activePrivate SectorUnsecured
Instrument Details
ISIN: INE245A08117
Face value
₹10,00,000
Coupon rate
7.99%
Payment
Annually
Tax Type
Taxable
Issue Size (Cr)
1500
Instrument Type
Debenture
Returns
Medium
Date of Issue
16 Nov 2017
Maturity Date
16 Nov 2022
Perpetual
Yes
Listing Status
Listed
Rating status
AA (INDIA Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Unsecured
Asset Coverage
-
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
THE TATA POWER COMPANY LIMITED SR-III 7.99 NCD 16NV22 FVRS10LAC
The Tata Power Company Limited, a Electric Utilities company, has floated Debenture,
having ISIN value as INE245A08117, with a face value of ₹10,00,000 rs on 16Nov17 to raise 1500 crores. The debt instrument
is issued with a coupon rate of 7.99% 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 Unsecured
Debenture is 7.99% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES III. DATE OF MATURITY 16/11/2022. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on BSE stock
exchange on 22Nov17. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to
this Debenture on 10Nov17. 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
16-Nov-17 : Your investment
₹79,90,000
16-Nov-18 : Interest
₹79,90,000
16-Nov-19 : Interest
₹79,90,000
16-Nov-20 : Interest
₹79,90,000
16-Nov-21 : Interest
₹79,90,000
16-Nov-22 : Interest
₹13,99,50,000
16-Nov-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,99,50,000)
Summary
Instrument Attributes
Value
Coupon Rate
7.99%
Returns
Medium
Bond Rating
AA
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Electric Utilities
HEAD OFFICE
Mumbai
SECTOR
Power
ISSUER OWNERSHIP
Private Sector
Other Bonds of The Tata Power Company Limited
FAQs about INE245A08117 issued by The Tata Power Company Limited
What is the instrument name of INE245A08117 ISIN?
The instrument name of INE245A08117 ISIN is THE TATA POWER COMPANY LIMITED SR-III 7.99 NCD 16NV22 FVRS10LAC.
How frequently is the interest paid on INE245A08117 bond issued by The Tata Power Company Limited?
The interest earned from INE245A08117 bond issued by The Tata Power Company Limited is paid Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE245A08117 bond issued by The Tata Power Company Limited?
This INE245A08117 bond issued by The Tata Power Company Limited has been assigned a credit rating of AA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE245A08117 bond issued by The Tata Power Company Limited?
This Debenture offers a coupon rate of 7.99%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE245A08117 Debenture?
The INE245A08117 Debenture is issued by The Tata Power Company 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.
