Instrument Details

ISIN: INE0M2307040

Face value

₹10,00,000

Coupon rate

9.62%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

830.5

Instrument Type

Bond

Returns

High

Date of Issue

14 Jun 2022

Maturity Date

29 May 2026

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

ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED SR-I 9.62 BD 29MY26 FVRS10LAC
Andhra Pradesh State Beverages Corporation Limited, a Breweries & Distilleries company, has floated Bond, having ISIN value as INE0M2307040, with a face value of ₹10,00,000 rs on 14Jun22 to raise 830.5 crores. The debt instrument is issued with a coupon rate of 9.62% 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 9.62% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES I 2022-23 DATE OF ALLOTMENT 14/06/2022 AND DATE OF MATURITY 29/05/2026. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 14Jun22. INDIA RATING AND RESEARCH PVT. LTD has given AA(CE) rating to this Bond on 22Apr22. 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)
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Date Verified
30 Jun 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
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
14-Jun-22 : Your investment
₹24,05,000
14-Sep-22 : Interest
₹24,05,000
14-Dec-22 : Interest
₹24,05,000
14-Mar-23 : Interest
₹24,05,000
14-Jun-23 : Interest
₹24,05,000
14-Sep-23 : Interest
₹24,05,000
14-Dec-23 : Interest
₹24,05,000
14-Mar-24 : Interest
₹24,05,000
14-Jun-24 : Interest
₹24,05,000
14-Sep-24 : Interest
₹24,05,000
14-Dec-24 : Interest
₹24,05,000
14-Mar-25 : Interest
₹24,05,000
14-Jun-25 : Interest
₹24,05,000
14-Sep-25 : Interest
₹24,05,000
14-Dec-25 : Interest
₹24,05,000
14-Mar-26 : Interest
₹7,34,861
29-May-26 : Interest
₹13,68,09,861
29-May-26 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹3,68,09,861)

Summary

Instrument Attributes

Value

Coupon Rate

9.62%

Returns

High

Bond Rating

AA(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Breweries & Distilleries
Head Office
HEAD OFFICE
Guntur
Sector name
SECTOR
Fast Moving Consumer Goods
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE0M2307040 issued by Andhra Pradesh State Beverages Corporation Limited

The instrument name of INE0M2307040 ISIN is ANDHRA PRADESH STATE BEVERAGES CORPORATION LIMITED SR-I 9.62 BD 29MY26 FVRS10LAC.
The interest earned from INE0M2307040 bond issued by Andhra Pradesh State Beverages Corporation Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0M2307040 bond issued by Andhra Pradesh State Beverages 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 9.62%, which determines the periodic interest payments made to bondholders.
The INE0M2307040 Bond is issued by Andhra Pradesh State Beverages Corporation Limited, a PSU company.