Instrument Details

ISIN: INE299U07080

Face value

₹10,00,000

Coupon rate

7.65%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

300

Instrument Type

Debenture

Returns

Medium

Date of Issue

22 Jul 2022

Maturity Date

22 Jul 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED SR B 7.65 NCD 22JL25 FVRS10LAC
Crompton Greaves Consumer Electricals Limited, a Consumer Electronics company, has floated Debenture, having ISIN value as INE299U07080, with a face value of ₹10,00,000 rs on 22Jul22 to raise 300 crores. The debt instrument is issued with a coupon rate of 7.65% 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 7.65% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES B. DATE OF MATURITY 22/07/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 25Jul22. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 24Jun22. 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
22 Jul 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
22-Jul-22 : Your investment
₹76,50,000
22-Jul-23 : Interest
₹76,50,000
22-Jul-24 : Interest
₹76,50,000
22-Jul-25 : Interest
₹12,29,50,000
22-Jul-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,29,50,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.65%

Returns

Medium

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consumer Electronics
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Consumer Durables
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE299U07080 issued by Crompton Greaves Consumer Electricals Limited

The instrument name of INE299U07080 ISIN is CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED SR B 7.65 NCD 22JL25 FVRS10LAC.
The interest earned from INE299U07080 bond issued by Crompton Greaves Consumer Electricals Limited is paid Annually, ensuring regular and consistent income for investors.
This INE299U07080 bond issued by Crompton Greaves Consumer Electricals 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 7.65%, which determines the periodic interest payments made to bondholders.
The INE299U07080 Debenture is issued by Crompton Greaves Consumer Electricals Limited, a Private Sector company.