Instrument Details

ISIN: INE438A07177

Face value

₹10,00,000

Coupon rate

8.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

High

Date of Issue

09 Apr 2020

Maturity Date

04 Sep 2030

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

APOLLO TYRES LIMITED 8.75 LOA 09AP30 FVRS10LAC
Apollo Tyres Limited, a Tyres & Rubber Products company, has floated Debenture, having ISIN value as INE438A07177, with a face value of ₹10,00,000 rs on 09Apr20 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.75% 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 Secured Debenture is 8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 09/04/2030. 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 16Apr20 & on NSE stock exchange on 16Apr20. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 31Mar20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA+
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Date Verified
28 Feb 2022
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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
09-Apr-20 : Your investment
₹87,50,000
09-Apr-21 : Interest
₹87,50,000
09-Apr-22 : Interest
₹87,50,000
09-Apr-23 : Interest
₹87,50,000
09-Apr-24 : Interest
₹87,50,000
09-Apr-25 : Interest
₹87,50,000
09-Apr-26 : Interest
₹87,50,000
09-Apr-27 : Interest
₹87,50,000
09-Apr-28 : Interest
₹87,50,000
09-Apr-29 : Interest
₹87,50,000
09-Apr-30 : Interest
₹18,75,00,000
04-Sep-30 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹8,75,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.75%

Returns

High

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Tyres & Rubber Products
Head Office
HEAD OFFICE
Kochi
Sector name
SECTOR
Automobile and Auto Components
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE438A07177 issued by Apollo Tyres Limited

The instrument name of INE438A07177 ISIN is APOLLO TYRES LIMITED 8.75 LOA 09AP30 FVRS10LAC.
The interest earned from INE438A07177 bond issued by Apollo Tyres Limited is paid Annually, ensuring regular and consistent income for investors.
This INE438A07177 bond issued by Apollo Tyres Limited has been assigned a credit rating of AA+ by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.75%, which determines the periodic interest payments made to bondholders.
The INE438A07177 Debenture is issued by Apollo Tyres Limited, a Private Sector company.