Instrument Details

ISIN: INE201P08159

Face value

₹10,00,000

Coupon rate

6.20%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

75

Instrument Type

Debenture

Returns

Medium

Date of Issue

07 Oct 2021

Maturity Date

27 Mar 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AA+ (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

G R INFRAPROJECTS LIMITED SR A 6.20 NCD 27MR24 FVRS10LAC
G R Infraprojects Limited, a Engineering, Designing & Construction company, has floated Debenture, having ISIN value as INE201P08159, with a face value of ₹10,00,000 rs on 07Oct21 to raise 75 crores. The debt instrument is issued with a coupon rate of 6.20% 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 6.20% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES A.DATE OF MATURITY 27/03/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Oct21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 25Jan24. This issuer is formerly known as G. R. AGARWAL BUILDERS & DEVELOPERS LIMITED 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
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
07-Oct-21 : Your investment
₹62,00,000
07-Oct-22 : Interest
₹62,00,000
07-Oct-23 : Interest
₹11,24,00,000
27-Mar-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,24,00,000)

Summary

Instrument Attributes

Value

Coupon Rate

6.20%

Returns

Medium

Bond Rating

AA+

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Engineering, Designing & Construction
Head Office
HEAD OFFICE
Udaipur
Sector name
SECTOR
Construction
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE201P08159 issued by G R Infraprojects Limited

The instrument name of INE201P08159 ISIN is G R INFRAPROJECTS LIMITED SR A 6.20 NCD 27MR24 FVRS10LAC.
The interest earned from INE201P08159 bond issued by G R Infraprojects Limited is paid Annually, ensuring regular and consistent income for investors.
This INE201P08159 bond issued by G R Infraprojects 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 6.2%, which determines the periodic interest payments made to bondholders.
The INE201P08159 Debenture is issued by G R Infraprojects Limited, a Private Sector company.