The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE540P07061

Face value

₹7,50,000

Coupon rate

8.97%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

930

Instrument Type

Bond

Returns

High

Date of Issue

17 Feb 2017

Maturity Date

15 Feb 2023

Perpetual

Yes

Listing Status

Listed

Rating status

AA(CE) (INDIA 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

U.P. POWER CORPORATION LIMITED SR-III-C 8.97 BD 15FB23 FVRS750000
U.p. Power Corporation Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE540P07061, with a face value of ₹7,50,000 rs on 17Feb17 to raise 930 crores. The debt instrument is issued with a coupon rate of 8.97% and its interest is paid Quarterly. 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 Bond is 8.97% SECURED RATED LISTED GOVERNMENT GUARANTEED NON-CONVERTIBLE TAXABLE BONDS. SERIES III SUB SERIES C. DATE OF MATURITY 15/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 08Mar17. INDIA RATING AND RESEARCH PVT. LTD has given AA(CE) rating to this Bond on 30Mar20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA(CE)
check
Date Verified
21 Oct 2022
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹7,50,000
Lot Size
100
Minimum Investment
₹7,50,00,000

Cashflow

₹7,50,00,000
17-Feb-17 : Your investment
₹16,81,875
17-May-17 : Interest
₹16,81,875
17-Aug-17 : Interest
₹16,81,875
17-Nov-17 : Interest
₹16,81,875
17-Feb-18 : Interest
₹16,81,875
17-May-18 : Interest
₹16,81,875
17-Aug-18 : Interest
₹16,81,875
17-Nov-18 : Interest
₹16,81,875
17-Feb-19 : Interest
₹16,81,875
17-May-19 : Interest
₹16,81,875
17-Aug-19 : Interest
₹16,81,875
17-Nov-19 : Interest
₹16,81,875
17-Feb-20 : Interest
₹16,81,875
17-May-20 : Interest
₹16,81,875
17-Aug-20 : Interest
₹16,81,875
17-Nov-20 : Interest
₹16,81,875
17-Feb-21 : Interest
₹16,81,875
17-May-21 : Interest
₹16,81,875
17-Aug-21 : Interest
₹16,81,875
17-Nov-21 : Interest
₹16,81,875
17-Feb-22 : Interest
₹16,81,875
17-May-22 : Interest
₹16,81,875
17-Aug-22 : Interest
₹16,81,875
17-Nov-22 : Interest
₹9,62,406
15-Feb-23 : Interest
₹11,46,45,531
15-Feb-23 : Maturity amount (Investment: ₹7,50,00,000, Interest earned: ₹3,96,45,531)

Summary

Instrument Attributes

Value

Coupon Rate

8.97%

Returns

High

Bond Rating

AA(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
Lucknow
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE540P07061 issued by U.p. Power Corporation Limited

The instrument name of INE540P07061 ISIN is U.P. POWER CORPORATION LIMITED SR-III-C 8.97 BD 15FB23 FVRS750000.
The interest earned from INE540P07061 bond issued by U.p. Power Corporation Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE540P07061 bond issued by U.p. Power Corporation Limited has been assigned a credit rating of AA(CE) by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.97%, which determines the periodic interest payments made to bondholders.
The INE540P07061 Bond is issued by U.p. Power Corporation Limited, a Private Sector company.
People

Invest in safer portfolio without compromising returns.

Dezerv Debt PMS strategy designed by our investment experts

Learn more

up arrow