Instrument Details

ISIN: INE465A08020

Face value

₹10,00,000

Coupon rate

5.80%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

200

Instrument Type

Debenture

Returns

Medium

Date of Issue

20 Apr 2022

Maturity Date

18 Apr 2025

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA+ (CARE Ratings)

Call Option

Not Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

BHARAT FORGE LIMITED 5.80 NCD 18AP25 FVRS10LAC
Bharat Forge Limited, a Auto Components & Equipments company, has floated Debenture, having ISIN value as INE465A08020, with a face value of ₹10,00,000 rs on 20Apr22 to raise 200 crores. The debt instrument is issued with a coupon rate of 5.80% 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 Unsecured Debenture is 5.80% UNSECURED RATED LISTED REDEEMABLE TRANSFERABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/04/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given AA+ rating to this Debenture on 20Apr22. 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
26 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured
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
20-Apr-22 : Your investment
₹58,00,000
20-Apr-23 : Interest
₹58,00,000
20-Apr-24 : Interest
₹57,84,109
18-Apr-25 : Interest
₹11,73,84,109
18-Apr-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,73,84,109)

Summary

Instrument Attributes

Value

Coupon Rate

5.80%

Returns

Medium

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Auto Components & Equipments
Head Office
HEAD OFFICE
Pune
Sector name
SECTOR
Automobile and Auto Components
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE465A08020 issued by Bharat Forge Limited

The instrument name of INE465A08020 ISIN is BHARAT FORGE LIMITED 5.80 NCD 18AP25 FVRS10LAC.
The interest earned from INE465A08020 bond issued by Bharat Forge Limited is paid Annually, ensuring regular and consistent income for investors.
This INE465A08020 bond issued by Bharat Forge Limited has been assigned a credit rating of AA+ by CARE Ratings Limited, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.8%, which determines the periodic interest payments made to bondholders.
The INE465A08020 Debenture is issued by Bharat Forge Limited, a Private Sector company.