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Instrument Details

ISIN: INE00PT07014

Face value

₹9,90,000

Coupon rate

Variable Coupon

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

263

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

29 Mar 2022

Maturity Date

31 Aug 2035

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Secured

Asset Coverage

Principal

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

DBL MANGLOOR HIGHWAYS PRIVATE LIMITED SR A RR NCD 31AG35 FVRS990000
Dbl Mangloor Highways Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00PT07014, with a face value of ₹9,90,000 rs on 29Mar22 to raise 263 crores. The debt instrument is issued with a coupon rate of RESET RATE-6.45% P.A. FOR 1 YEAR FOLLOWING THE DEEMED DATE OF ALLOTMENT AND 6.64% P.A. THEREAFTER and its interest is paid Semi 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 RESET RASTE SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES A.DATE OF MATURITY 31/08/2035. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 31Mar22. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 02Mar22. 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
29 Jan 2024
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Outlook
Negative
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Bhopal
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE00PT07014 issued by Dbl Mangloor Highways Private Limited

The instrument name of INE00PT07014 ISIN is DBL MANGLOOR HIGHWAYS PRIVATE LIMITED SR A RR NCD 31AG35 FVRS990000.
The interest earned from INE00PT07014 bond issued by Dbl Mangloor Highways Private Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE00PT07014 bond issued by Dbl Mangloor Highways Private Limited has been assigned a credit rating of AA+ by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE00PT07014 bond issued by Dbl Mangloor Highways Private Limited is RESET RATE-6.45% P.A. FOR 1 YEAR FOLLOWING THE DEEMED DATE OF ALLOTMENT AND 6.64% P.A. THEREAFTER.
The INE00PT07014 Debenture is issued by Dbl Mangloor Highways Private Limited, a Private Sector company.
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