Instrument Details

ISIN: INE423A07229

Face value

₹10,00,000

Coupon rate

10 YEAR G-SEC LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

21 Mar 2022

Maturity Date

21 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD A+ (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

ADANI ENTERPRISES LIMITED BR NCD 21MR24 FVRS10LAC
Adani Enterprises Limited, a Industrial Minerals company, has floated Debenture, having ISIN value as INE423A07229, with a face value of ₹10,00,000 rs on 21Mar22 to raise 200 crores. The debt instrument is issued with a coupon rate of 10 YEAR G-SEC LINKED and its interest is paid on Maturity. 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 10 YEAR G-SEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/03/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 24Mar22. CARE RATINGS LIMITED has given PP-MLD A+ rating to this Debenture on 21Mar22. This issuer is formerly known as ADANI EXPORTS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
PP-MLD A+
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Date Verified
09 Mar 2023
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Outlook
Negative
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

10 YEAR G-SEC LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD A+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Industrial Minerals
Head Office
HEAD OFFICE
Ahmedabad
Sector name
SECTOR
Metals & Mining
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE423A07229 issued by Adani Enterprises Limited

The instrument name of INE423A07229 ISIN is ADANI ENTERPRISES LIMITED BR NCD 21MR24 FVRS10LAC.
The interest earned from the INE423A07229 bond issued by Adani Enterprises Limited is paid at the time of maturity
This INE423A07229 bond issued by Adani Enterprises Limited has been assigned a credit rating of PP-MLD A+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE423A07229 bond issued by Adani Enterprises Limited is 10 YEAR G-SEC LINKED.
The INE423A07229 Debenture is issued by Adani Enterprises Limited, a Private Sector company.