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Instrument Details

ISIN: INE535N08064

Face value

₹10,00,000

Coupon rate

8.62%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

265.7

Instrument Type

Bond

Returns

High

Date of Issue

23 Feb 2015

Maturity Date

23 Feb 2027

Perpetual

Yes

Listing Status

Listed

Rating status

A+(CE) (INDIA Ratings)

Call Option

Available

Put Option

Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

HARYANA VIDYUT PRASARAN NIGAM LIMITED SR-I 8.62 LOA 23FB27 FVRS10LAC
Haryana Vidyut Prasaran Nigam Limited, a Energy company, has floated Bond, having ISIN value as INE535N08064, with a face value of ₹10,00,000 rs on 23Feb15 to raise 265.7 crores. The debt instrument is issued with a coupon rate of 8.62% 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 Unsecured Bond is 8.62% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE REGULAR RETURN BONDS IN THE NATURE OF DEBENTURES.(HVPNL BONDS - 2014-15 SERIES I). LETTER OF ALLOTMENT. DATE OF MATURITY 23/02/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 27Feb15. INDIA RATING AND RESEARCH PVT. LTD has given A+(CE) rating to this Bond on 18Feb20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+(CE)
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Date Verified
05 Feb 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
23-Feb-15 : Your investment
₹43,10,000
23-Aug-15 : Interest
₹43,10,000
23-Feb-16 : Interest
₹43,10,000
23-Aug-16 : Interest
₹43,10,000
23-Feb-17 : Interest
₹43,10,000
23-Aug-17 : Interest
₹43,10,000
23-Feb-18 : Interest
₹43,10,000
23-Aug-18 : Interest
₹43,10,000
23-Feb-19 : Interest
₹43,10,000
23-Aug-19 : Interest
₹43,10,000
23-Feb-20 : Interest
₹43,10,000
23-Aug-20 : Interest
₹43,10,000
23-Feb-21 : Interest
₹43,10,000
23-Aug-21 : Interest
₹43,10,000
23-Feb-22 : Interest
₹43,10,000
23-Aug-22 : Interest
₹43,10,000
23-Feb-23 : Interest
₹43,10,000
23-Aug-23 : Interest
₹43,10,000
23-Feb-24 : Interest
₹43,10,000
23-Aug-24 : Interest
₹43,10,000
23-Feb-25 : Interest
₹43,10,000
23-Aug-25 : Interest
₹43,10,000
23-Feb-26 : Interest
₹43,10,000
23-Aug-26 : Interest
₹43,10,000
23-Feb-27 : Interest
₹20,34,40,000
23-Feb-27 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹10,34,40,000)

Summary

Instrument Attributes

Value

Coupon Rate

8.62%

Returns

High

Bond Rating

A+(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Energy
Head Office
HEAD OFFICE
Panchkula
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE535N08064 issued by Haryana Vidyut Prasaran Nigam Limited

The instrument name of INE535N08064 ISIN is HARYANA VIDYUT PRASARAN NIGAM LIMITED SR-I 8.62 LOA 23FB27 FVRS10LAC.
The interest earned from INE535N08064 bond issued by Haryana Vidyut Prasaran Nigam Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE535N08064 bond issued by Haryana Vidyut Prasaran Nigam Limited has been assigned a credit rating of A+(CE) by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 8.62%, which determines the periodic interest payments made to bondholders.
The INE535N08064 Bond is issued by Haryana Vidyut Prasaran Nigam Limited, a PSU company.
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