Instrument Details

ISIN: INE0J7Q07041

Face value

₹10,00,000

Coupon rate

3M TBILL LINKED

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

5000

Instrument Type

Bond

Returns

Linked to Markets

Date of Issue

16 Mar 2022

Maturity Date

18 Mar 2030

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA 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

DME DEVELOPMENT LIMITED SR I STRRPS III BR BD 18MR30 FVRS10LAC
Dme Development Limited, has floated Bond, having ISIN value as INE0J7Q07041, with a face value of ₹10,00,000 rs on 16Mar22 to raise 5000 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED and its interest is paid Quarterly. 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 Bond is 3MTBILL LINKED NON CONVERTIBLE BOND . SERIES I STRRPS III.DATE OF MATURITY 18/03/2030. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is listed on NSE stock exchange on 21Mar22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Bond on 20Oct23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
03 Jan 2024
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

3M TBILL LINKED

Returns

Linked to Markets

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Others
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE0J7Q07041 issued by Dme Development Limited

The instrument name of INE0J7Q07041 ISIN is DME DEVELOPMENT LIMITED SR I STRRPS III BR BD 18MR30 FVRS10LAC.
The interest earned from INE0J7Q07041 bond issued by Dme Development Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE0J7Q07041 bond issued by Dme Development Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE0J7Q07041 bond issued by Dme Development Limited is 3M TBILL LINKED.
The INE0J7Q07041 Bond is issued by Dme Development Limited, a Private Sector company.