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9.34% West Bengal State Electricity Distribution Company Limited (INE411L07015)
ActivePSUSecured
Instrument Details
ISIN: INE411L07015
Face value
₹10,00,000
Coupon rate
9.34%
Payment
Semi Annually
Tax Type
Taxable
Issue Size (Cr)
250
Instrument Type
Bond
Returns
High
Date of Issue
16 Aug 2010
Maturity Date
16 Aug 2025
Perpetual
Yes
Listing Status
Listed
Rating status
WITHDRAWN (CARE Ratings)
Call Option
Not Available
Put Option
Not Available
Security with Collaterals
Secured
Asset Coverage
Principal + Interest
Seniority in Repayment
None
Guarantee Type
Non Convertible
About this Bond
WEST BENGAL STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED 9.34 LOA 16AG25 FVRS10LAC
West Bengal State Electricity Distribution Company Limited, a Energy company, has floated Bond,
having ISIN value as INE411L07015, with a face value of ₹10,00,000 rs on 16Aug10 to raise 250 crores. The debt instrument
is issued with a coupon rate of 9.34% 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
Bond is 9.34% Secured Redeemable Non Convertible Bonds Series - I in the nature of Debenture. Letter of Allotment.Date of Maturity: 16/08/2025. This instrument is issued in Private Placement mode. It has Simple coupon type
with Full Redemption option. The Bond is listed on BSE stock
exchange on 12Oct10. CARE RATINGS LIMITED has given WITHDRAWN rating to
this Bond on 20Mar20. Neither the Principal nor the Interest is covered for this Bond. 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-Aug-10 : Your investment
₹46,70,000
16-Feb-11 : Interest
₹46,70,000
16-Aug-11 : Interest
₹46,70,000
16-Feb-12 : Interest
₹46,70,000
16-Aug-12 : Interest
₹46,70,000
16-Feb-13 : Interest
₹46,70,000
16-Aug-13 : Interest
₹46,70,000
16-Feb-14 : Interest
₹46,70,000
16-Aug-14 : Interest
₹46,70,000
16-Feb-15 : Interest
₹46,70,000
16-Aug-15 : Interest
₹46,70,000
16-Feb-16 : Interest
₹46,70,000
16-Aug-16 : Interest
₹46,70,000
16-Feb-17 : Interest
₹46,70,000
16-Aug-17 : Interest
₹46,70,000
16-Feb-18 : Interest
₹46,70,000
16-Aug-18 : Interest
₹46,70,000
16-Feb-19 : Interest
₹46,70,000
16-Aug-19 : Interest
₹46,70,000
16-Feb-20 : Interest
₹46,70,000
16-Aug-20 : Interest
₹46,70,000
16-Feb-21 : Interest
₹46,70,000
16-Aug-21 : Interest
₹46,70,000
16-Feb-22 : Interest
₹46,70,000
16-Aug-22 : Interest
₹46,70,000
16-Feb-23 : Interest
₹46,70,000
16-Aug-23 : Interest
₹46,70,000
16-Feb-24 : Interest
₹46,70,000
16-Aug-24 : Interest
₹46,70,000
16-Feb-25 : Interest
₹46,70,000
16-Aug-25 : Interest
₹24,01,00,000
16-Aug-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹14,01,00,000)
Summary
Instrument Attributes
Value
Coupon Rate
9.34%
Returns
High
Bond Rating
WITHDRAWN
Seniority in Repayment
None
Instrument Category
Non Convertible
Similar Bonds
About the issuer
BASIC INDUSTRY
Energy
HEAD OFFICE
Kolkata
SECTOR
-
ISSUER OWNERSHIP
PSU
Other Bonds of West Bengal State Electricity Distribution Company Limited
FAQs about INE411L07015 issued by West Bengal State Electricity Distribution Company Limited
What is the instrument name of INE411L07015 ISIN?
The instrument name of INE411L07015 ISIN is WEST BENGAL STATE ELECTRICITY DISTRIBUTION COMPANY LIMITED 9.34 LOA 16AG25 FVRS10LAC.
How frequently is the interest paid on INE411L07015 bond issued by West Bengal State Electricity Distribution Company Limited?
The interest earned from INE411L07015 bond issued by West Bengal State Electricity Distribution Company Limited is paid Semi Annually, ensuring regular and consistent income for investors.
What is the credit rating of the INE411L07015 bond issued by West Bengal State Electricity Distribution Company Limited?
This INE411L07015 bond issued by West Bengal State Electricity Distribution Company Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
What is the coupon rate of INE411L07015 bond issued by West Bengal State Electricity Distribution Company Limited?
This Bond offers a coupon rate of 9.34%, which determines the periodic interest payments made to bondholders.
Who is the issuer of INE411L07015 Bond?
The INE411L07015 Bond is issued by West Bengal State Electricity Distribution Company Limited, a PSU 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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