Instrument Details

ISIN: INE453I07211

Face value

₹10,00,000

Coupon rate

1 YEAR MCLR LINKED

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

47.8

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

02 Sep 2022

Maturity Date

31 Mar 2034

Perpetual

Yes

Listing Status

Listed

Rating status

A+ (CARE Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BHILANGANA HYDRO POWER LIMITED SR 5C BR LOA 31MR34 FVRS10LAC
Bhilangana Hydro Power Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE453I07211, with a face value of ₹10,00,000 rs on 02Sep22 to raise 47.8 crores. The debt instrument is issued with a coupon rate of 1 YEAR MCLR LINKED and its interest is paid Monthly. 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 1 YEAR MCLR LINKED SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 5C. DATE OF MATURITY 31/03/2034.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 08Sep22. CARE RATINGS LIMITED has given A+ rating to this Debenture on 31Mar22. 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
A+
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Date Verified
21 Mar 2023
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

1 YEAR MCLR LINKED

Returns

Linked to Markets

Bond Rating

A+

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE453I07211 issued by Bhilangana Hydro Power Limited

The instrument name of INE453I07211 ISIN is BHILANGANA HYDRO POWER LIMITED SR 5C BR LOA 31MR34 FVRS10LAC.
The interest earned from INE453I07211 bond issued by Bhilangana Hydro Power Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE453I07211 bond issued by Bhilangana Hydro Power Limited has been assigned a credit rating of A+ by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE453I07211 bond issued by Bhilangana Hydro Power Limited is 1 YEAR MCLR LINKED.
The INE453I07211 Debenture is issued by Bhilangana Hydro Power Limited, a Private Sector company.