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Instrument Details

ISIN: INE544R07010

Face value

₹10,00,000

Coupon rate

7.78%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

70

Instrument Type

Debenture

Returns

Medium

Date of Issue

28 Feb 2022

Maturity Date

28 Aug 2025

Perpetual

Yes

Listing Status

Listed

Rating status

AA- (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

GREENLAM INDUSTRIES LIMITED SR I 7.78 NCD 28AG25 FVRS10LAC
Greenlam Industries Limited, a Industrial company, has floated Debenture, having ISIN value as INE544R07010, with a face value of ₹10,00,000 rs on 28Feb22 to raise 70 crores. The debt instrument is issued with a coupon rate of 7.78% 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 Debenture is 7.78% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES I. DATE OF MATURITY 28/08/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on NSE stock exchange on 04Mar22. ICRA LIMITED has given AA- rating to this Debenture on 08Nov24. 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
11 Nov 2024
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Outlook
Negative
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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
28-Feb-22 : Your investment
₹19,45,000
28-May-22 : Interest
₹19,45,000
28-Aug-22 : Interest
₹19,45,000
28-Nov-22 : Interest
₹19,45,000
28-Feb-23 : Interest
₹19,45,000
28-May-23 : Interest
₹19,45,000
28-Aug-23 : Interest
₹19,45,000
28-Nov-23 : Interest
₹19,45,000
28-Feb-24 : Interest
₹19,45,000
28-May-24 : Interest
₹19,45,000
28-Aug-24 : Interest
₹19,45,000
28-Nov-24 : Interest
₹19,45,000
28-Feb-25 : Interest
₹19,45,000
28-May-25 : Interest
₹19,45,000
28-Aug-25 : Interest
₹12,72,30,000
28-Aug-25 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,72,30,000)

Summary

Instrument Attributes

Value

Coupon Rate

7.78%

Returns

Medium

Bond Rating

AA-

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Industrial
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rated ★ 4.3+ on

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FAQs about INE544R07010 issued by Greenlam Industries Limited

The instrument name of INE544R07010 ISIN is GREENLAM INDUSTRIES LIMITED SR I 7.78 NCD 28AG25 FVRS10LAC.
The interest earned from INE544R07010 bond issued by Greenlam Industries Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE544R07010 bond issued by Greenlam Industries Limited has been assigned a credit rating of AA- by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 7.78%, which determines the periodic interest payments made to bondholders.
The INE544R07010 Debenture is issued by Greenlam Industries Limited, a Private Sector company.
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